Wednesday , 24 April 2024

Economy

Three Days On The Protest Frontline In Tehran Pars

Iranwire – Day 1- “Today we went to Tehran Pars (eds: a city in Greater Tehran). We got there at 5 p.m. and stayed until 8:30. It was getting too cold. People just kept walking but sometimes a small group gathered and started chanting slogans. And the cars were honking their horns. Interestingly, when the herd of motorcyclist agents arrived …

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US sanctions Turkish businessman over IRGC oil sales

Al-Monitor – The US Treasury Department on Thursday designated a network led by Turkish businessman Sitki Ayan, which it accused of facilitating the sale of hundreds of millions of dollars worth of oil for Iran’s Islamic Revolutionary Guard Corps. The department’s Office of Foreign Assets Control said Ayan’s network both facilitated and concealed the transfer of Iranian oil on behalf of the …

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Iran businesses on strike despite legal threats

Al-Monitor — Activists reported sweeping strikes in two-thirds of Iranian provinces on Tuesday, the second day of a civil disobedience campaign against the ruling Islamic Republic establishment.  Markets at several locations in the capital Tehran, and in other large cities including Tabriz, Isfahan and Shiraz, witnessed widespread closures.  The most sweeping strikes were reported in Kurdish areas, which have borne the brunt of the …

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Angry Iranians Launch Three-Day Protest As More Death Sentences Issued

Iranwire – Iranian protesters have begun three consecutive days of protests and nationwide strikes as the judiciary continues to follow through on a government crackdown by issuing three more death sentences in its response to unrest sparked by the death of a young woman while in police custody for allegedly wearing a head scarf improperly. Reports from across the country …

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Canada Imposes Additional Sanctions On Iran Over “Intensifying” Protest Crackdown

Iranwire – The Canadian government has imposed fresh sanctions on Iranian individuals and entities over the clerical regime’s “intensifying efforts to brutally repress” anti-government protests across the country. “Canada will not stand idly by while the regime’s human rights violations increase in scope and intensity against the Iranian people,” it said in statement on December 2. “That is why we …

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Iran, Iraq sign $4 billion engineering agreement

Al-Monitor – Iran and Iraq signed an export agreement today.  Iran signed a $4 billion contract related to the export of technical and engineering services with Iraq. The purpose of the agreement is to make up for the decrease in Iranian non-electricity exports to Iraq. From March to November of this year, such exports decreased $1.4 billion to $4.7 billion. The reason …

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Iran: Key Labor Sectors Launch Major Strikes Amid Anti-State Protests

CHRI – At Least a Dozen Labor Leaders Arrested in Effort to Crush Strikes Islamic Republic Should Be Expelled from ILO Governing Board November 29, 2022 – More than three months into anti-state protests across Iran that state security forces have been unable to crush despite the use of lethal force, oil workers, truckers, public transportation workers, and factory workers …

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Iranian Truckers Strike For Third Day In Support Of Protesters

RFL/RE – Iranian truck drivers have continued to strike for a third day, with more joining their ranks across the country despite threats from security agents over undelivered cargo. Trucks in the central Iranian city of Isfahan remained parked while reports published on social media indicated that drivers in the cities of Qazvin, Kermanshah, Marand, and Bandar Abbas joined the …

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Inflation continues to rise in Iran

Al-Monitor – Inflation in Iran increased 1.1% in late November to reach an annual rate of 44%, according to the Iran Chamber of Commerce. The chamber attributed the rise in inflation in recent years to the effects of US sanctions.  Why it matters: Inflation has increased significantly in Iran this year, and people are struggling with the reduced purchasing power. Al-Monitor contributor Ali Dadpay …

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