Economy

Al-Arabia – Iran’s parliament, dominated by hard-liners, rejected on Tuesday a budget bill proposed by the country’s relatively moderate President Hassan Rouhani, state TV reported. For the latest headlines, follow our Google News channel online or via the app. The move is part of a political struggle between moderates and conservative hard-liners in Iran’s parliament ahead of June elections, which …

Iranwire – The average price of the dollar in the first month of winter decreased by about 17 percent compared to the first month of autumn. According to Iran’s Central Bank statistics, in September last year the average price of the US dollar was 29,342 tomans on the black market. The average market price in January has reached 25,000 tomans. However, …

CHRI – On January 10, 2021, Iranian retirees gathered in front of government buildings in at least 19 cities including–Tehran, Mashhad, Isfahan, and Yazd–to protest the government’s lack of response to their demands. The protesters, who receive retirement checks from the State Welfare Organization’s (SWO) pension fund, chanted slogans against state policies and officials at well-organized rallies. According to official statistics published by the …

Iranwire – Iran’s parliament has expressed confidence that the United Kingdom will pay the equivalent of $800 million to release jailed Iranian-British citizen Nazanin Zaghari-Ratcliffe, a new budget committee report has indicated. The report also stated that it will add the amount to its military spending. Iranian parliament’s Budget Consolidation Committee has announced that 20,000 trillion tomans [$800 m] will be added …

VOA – The United States has sanctioned two Iranian foundations controlled by Supreme Leader Ayatollah Ali Khamenei, the State Department said Wednesday, the latest move in a U.S. pressure campaign against Tehran in the last days of Donald Trump’s presidency. The Execution of Imam Khomeini’s Order (EIKO) and Astan Quds Razavi (AQR), allegedly enabled Iran’s elite to “control large portions …

Iranwire.com – On the morning of Sunday, January 3, two Baluch prisoners, Hassan Dehvari and Elias Qalandarzehi, were executed along with another prisoner, Omid Mahmoudzehi. IranWire spoke with Elias Qalandarzehi’s sister, a neighbor of the two men, and with their lawyer about the events leading up to their execution. *** Traveling the 335 kilometers from Saravan to Zahedan Central Prison on short notice, …

VOA – The United States has sanctioned entities and individuals associated with Iran’s steel industry, the U.S. Treasury Department said Tuesday, the latest move in a U.S. pressure campaign against Tehran in the waning days of Donald Trump’s presidency.The U.S. Treasury Department said in a statement that it blacklisted more than a dozen entities and one person.The sanctions were imposed …

Iranwire.com – Although the ruling clerics of Iran have been promoting their values and beliefs for more than 40 years, they are increasingly expressing their concern about the decline of these beliefs among Iranians. Recently, a quarterly journal affiliated with the Ministry of Islamic Guidance described lifestyles in the city of Tehran into five categories – unrestricted, unfavorable, deviant, religious, favourable, …

Al-Monitor – The Trump administration on Wednesday issued a new round of Iran-related sanctions, targeting four companies based in China and the United Arab Emirates accused of facilitating the export of Iranian petrochemical products.  According to the US Treasury Department, the blacklisted companies provided Hong Kong-based Triliance Petrochemical with shipping services or financial transactions. Triliance itself was designated in January …

Radiofarda – The Iranian government has banned the importing of cars for the past two years, Iranian car manufacturing companies have grabbed the chance to entirely monopolize the local market. However, two developments have raised the possibility of the resumption of car imports next year. The first is allocating a share for importing vehicles in the government’s newly proposed budget. …