The head of Iran’s Chamber of Commerce, Industry, Mining and Agriculture has criticized the growing number of unlicensed finance and credit companies in the country. In a report on Thursday July 31, IRNA quoted Ghoamhossein Shafei saying one of the chief problems for the economy is the lack of clear financial communication and the rise of unlicensed financial companies. » read more
A spokesman for Iran’s Foreign Ministry has rejected a U.S. report about religious discrimination and restrictions in Iran. Marzieh Afkham said the U.S. State Department report about religious freedom in the world, including Iran, lacks credibility and is nothing but a “tool to pressure other countries.” » read more
Decline and destruction of Zagros oak forests has been accelerating at a rapid pace in the past five years and despite many warnings, no solution has been so far implemented to protect these highly valuable natural resources. While numerous meetings and seminars at taking place on this issue, an unknown pestilence is progreesively drying out the entire oak forests of Zagros. » read more
Iran’s Industry Minister says the economy has shrunk by 2.2 percent since the last measurement and 50 percent of the manufacturing sector is now in recession. Mohammadreza Nematzadeh said “severe currency fluctuations, a lack of equipment and a lack of foreign investment” have left more than 10,000 industrial units half-finished all across the country. » read more
Iran’s Agriculture sector reportedly consumes 92 percent of the country’s national water resources and wastes about two-thirds of that.
Iranian Power Minister Hamid Chitchian reports that irrigation has only a 33-percent yield, making the industry very wasteful. » read more
Reuters reports that an Iranian-American man who was detained in Tehran last week along with three journalists was released on Wednesday.
The remaining three detainees are the freed man’s wife, who according to Reuters is an Iranian-American photographer, Jason Rezaian, the Tehran correspondent for the Washington Post, and his wife Yeganeh Salehi, a correspondent for the UAE-based daily, The National. » read more
Ayatollah Khamenei says the situation in Gaza is the Islamic world’s leading concern and Palestinians need to be supported in every way. Iran’s Supreme Leader said the forced insistence on a ceasefire is only aimed at saving the “Zionist regime.” » read more
Civil activists in Iran are seriously concerned about the lack of medical facilities and services for political prisoners in Iran. Six political prisoners in Oroumiyeh Prison are said to be in a grave state of health. » read more
Paridokht Najafi has become the first female appointee to the position of prefect in Ilam Province.
Ilam Governor Mohammdreza Morvarid appointed Najafi as the Prefect of Eyvan, ISNA reported on Monday July 28. Prior to this appointment, Najafi was deputy prefect of Eyvan for women’s affairs. » read more
Saeed Mortazavi, the former head of the Social Security Fund, has been summoned to court for the charge of “embezzlement, malversation, and illegal seizure of private property.” The charges have been brought against him by a number of workers covered by the Social Security Fund. » read more
Conservative MP Ali Motahari has once again condemned the house arrest of MirHosein Mousavi, Zahra Rahnavard and Mehdi Karroubi, saying recent statements by Prosecutor General Gholamhosein Mohseni Ejei indicate that he has condemned them to life imprisonment without a trial or a chance to defend themselves. » read more
Planters and other workers at the Haft Tapeh Sugar Cane Company staged a sit-in on the factory premises on Monday July 28 to protest delays in the payment of their wages.
ILNA reports that one of the workers said that following repeated protests, the company has now paid half of their wages for the month of May but still owes for the rest of May and all of June. » read more
The Ministry of Labour has called on Tehran Mayor Mohammad Baghher Ghalibaf to revoke the directive for gender segregation in city offices. The ministry maintains that the directive violates the International Labour Convention’s anti-discrimination provisions. » read more
Iran is facing stagflation and a 20-percent decline in national revenue, according to Massoud Nili, the economic advisor to President Hassan Rohani.
In an interview with ILNA, Nili said this level of stagflation is unprecedented in the post-war period, adding that in the past two years, economic growth has been negative while inflation has been consistently above 30 percent. » read more
Iran’s Central Bank says the country’s annual inflation rate now stands at 25.4 percent. The announcement on Sunday July 27 included news that the consumer goods and services price index has gone up by 1.4 percent in Iranian cities compared to last month. » read more