Wednesday , 1 May 2024

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Why cheaper rial could actually help Iran

Al-monitor – At present, Iran has both an official exchange rate and an unofficial market rate that is used in exchange houses. The rial trades at above 35,000 per US dollar on the open market, compared to the official rate of around 31,000. AUTHOR Navid Kalhor To help boost economic growth, Central Bank of Iran (CBI) Governor Valiollah Seif has …

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Iran Says Will Work With OPEC To Support Oil Prices, But Not ‘Sacrifice’

RFL/RE – Iranian Oil Minister Bijan Zanganeh said Iran will work with other OPEC members to support oil prices, but it will not back down from its goal of restoring output lost due to years of economic sanctions. “Iran will cooperate with OPEC on improving prices and the state of the crude market, but we expect our right to restore …

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U.S.: Actions By Iranian Vessels In Gulf Increase ‘Risks Of Miscalculation’

RFL/RE – The White House has expressed concern after several close encounters between Iranian vessels and U.S. warships in the Persian Gulf this week. A White House spokesman said such incidents are cause for concern and increase risks of miscalculation. Josh Earnest said on August 26 the behavior is unacceptable and “in a compressed space like the Strait of Hormuz it …

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11 Sunni Prisoners Are Still at the Risk of Execution

HRANA News Agency – After the execution of at least 20 Sunni prisoners in Rajai Shahr prison in Karaj, fears and concerns about the fate of other prisoners in the prison with the similar charges and cases have increased. Among the death row prisoners of “Tohid and Jahad” case, only two prisoners, including a juvenile offender have survived from recent mass-executions of Sunni prisoners …

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Iran: 12 Prisoners Hanged For Drug Charges

IRAN HUMAN RIGHTS –  Iran Human Rights (IHR) reported yesterdayabout the imminent danger of execution for more than 10 prisoners in Karaj Central Prison. According to IHR sources 12 prisoners were executed in this prison early this morning, Saturday August 27. IHR sources have identified nine of the prisoners who were executed this morning: “Alireza Madadbour, Bahman Rezaei, Arman Bahrami, Alireza …

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