Thursday , 28 March 2024

Economy

How Iran’s Telegram ban will kill jobs

Al-Monitor – The Iranian authorities have been grappling with how to limit the use of foreign social media apps in the country. On April 30, the Iranian judiciary ordered the filtering of Telegram against the will of the administration. 

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Iran’s insurance industry braces for impact of US sanctions

Al-Monitor – In Iran, the insurance industry is one of the most important sectors of the economy that will be impacted by the US withdrawal from the nuclear deal — indeed, the trade already has been affected. However, it appears that Iran, which experienced a bitter sting as a result of the previous sanctions, is much better prepared for external restrictions this time around.

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Major Russian, Indian Energy Firms Reportedly Moving To Pull Out Of Iran

RFL/RE – The threat of U.S. sanctions has prompted Russian oil giant Lukoil to put its plans to develop projects in Iran on hold while the Indian company that owns the world’s largest oil refining complex plans to stop buying oil from Iran, Reuters reported on May 30. Both developments showed the difficulty faced by governments like Russia, France, and …

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US sanctions threaten Iran’s high hopes for tourism

Al-Monitor — Iran’s numerous tourist attractions, many of which stem from its rich history and civilization going back thousands of years, have the potential to transform into revenue streams far more sustainable than the country’s vast oil and natural gas reserves. But this potential has remained largely untapped due to unyielding restrictions that deprive visitors of a number of basic …

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