Monday , 6 December 2021

Economy

Unemployed Iranian Man Sets Fire to Himself in Front of Martyrs’ Foundation

Iranwire – Images have been posted online appearing to show a man setting himself on fire in front of the Foundation for Martyrs and Veterans’ Affairs building in Kohgiluyeh and Boyer-Ahmad province. Shared on Tuesday, October 19, the pictures were said to show the son of a “martyr” – the term used in Iran for Iran-Iraq War veterans and others …

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Internal Report: Iran’s Government is Drowning in Debt

Iranwire – Predictions on the future price of the dollar in Iran – or even concrete indications of the inflation rate – are seismic enough news that they often come without further explanation. Recently Iranians were left with the impression that if sanctions continue, the price of the dollar by 2027 might be as much as 285,000 tomans. For context, it currently …

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Iran to sign 20-year cooperation agreement with Venezuela in coming months: FM

Al-Arabia – Iran and Venezuela will sign a 20-year cooperation agreement in the coming months, Iranian Foreign Minister Hossein Amir-Abdollahian said during a joint press conference with his Venezuelan counterpart in Tehran on Monday. The long-term agreement between the two countries will be signed during a visit by Venezuelan President Nicolas Maduro to Tehran in the coming months, Iran’s official …

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Poll: Iranians blame economic woes on corruption, not sanctions

Al-Monitor – A polling company released survey results Monday on Iranians’ views of the economy, the United States and more.  The Toronto-based IranPoll conducted the poll with the University of Maryland’s Center for International and Security Studies. The data was gathered between Aug. 30 and Sept. 9.  The poll, which was sent to Al-Monitor, found that 63% of those surveyed believed economic …

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Poverty runs rampant in Iran due to state mismanagement and corruption

Iran-HRM – The people of Iran have become much poorer in the past years. The middle class has all but diminished and more than 80 percent of the Iranian people live under the poverty line. The thought and sight of people sleeping in empty graves and ditches, on roofs, or in abandoned refrigerators batter the conscience of every human being. …

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Iran Sentences Ex-Central Bank Chief to 10 Years in Prison

VOA – A court sentenced the former governor of Iran’s central bank to 10 years in prison for violating the country’s currency system, a judiciary spokesperson said Saturday. Besides violating the currency system, Valliollah Seif also had a role in smuggling foreign currency, judiciary spokesman Zabihollah Khodaeian told state TV. Ahmad Araghchi, a then-deputy to Seif, was sentenced to eight …

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Smugglers Pushing Up Rates After Afghanistan’s Fall to the Taliban

Iranwire – The Iran-Afghanistan border has been closed since Taliban overran Kabul in September. Since then thousands of activists, members of the media, ex-officials and ordinary citizens have fled the country by any means possible. Those without visas – and who didn’t secure a coveted seat on the international evacuation flights last month – have now largely resorted to the …

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One Million Chinese-Built Housing Units in Iran? Don’t Bet on It

Iranwire – Are the Chinese coming to Iran to build housing? This was the question raised on Tuesday, October 12 after in a series of interviews conducted by Iranian media with members of the Parliamentary Development Committee. Iqbal Shakeri, a member of the Iranian parliament’s Civic Commission, announced that talks on a proposed mass housing project had opened between Iran’s Ministry of …

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Officials Warn of Looming Winter Gas Shortages

Iranwire- Tehran province could face a serious gas shortage over the winter months, the deputy governor for civil affairs has warned. In an announcement on Monday, Abdolreza Cheraghali said the province could be down by as much of 150 million cubic meters of natural gas, but “the necessary planning has been done for autumn and winter” to deal with any issues that …

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More Than 900,000 Iranian Women Out of Work Post-Pandemic

Iranwire – A recent report by the Statistical Center of Iran has put the unemployment rate across Iran at 9.6 percent this summer: an 0.1 percent increase on the same period last year. Also this season, though, the overall labor force participation rate – generally a better indicator of the country’s economic health – stood at just 41.1 percent: a decline of …

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