Iranian economy
Iron dealers shutter businesses to protest tax
Many iron dealers in Iran have closed their businesses in protest against the value added tax on their goods. » read more
Ayatollah Khamenei delivers New Year’s message
Iran’s Supreme Leader identified politics and economics as his country’s chief challenges as he marked the Iranian New Year, which began on March 20. » read more
Factory layoffs add to fear of trend
One hundred workers at the Iran Pouya Refigeration Factory were laid off this week, ILNA reports. » read more
Tough questions for president bring an end to broadcast
After live television coverage of Mahmoud Ahmadinejad’s interview was interrupted by the sudden airing of a series episode, the president’s office issued a statement expressing surprise, while the national broadcaster’s public relations department claims the interruption was done in coordination with the office of the president. » read more
MP blames administration for worsening economy
Iranian MP Ahmad Tavakoli says the Iranian currency has fallen in value by 55 percent in the past year, and he blamed the Ahmadinejad administration’s economic policies for exacerbating the economic problems caused by international sanctions. » read more
Economic survey reveals Iran’s slowdown
Iranian Parliament’s research centre has announced that a survey of 98 economic organizations from across the country reveals that production at these organizations has fallen by 40 percent in the past year. » read more
Ahmadinejad slams corrupt hoarders of wealth
Iranian President Mahmoud Ahmadinejad says 60 percent of his country’s wealth is controlled by just 300 people in Iran. » read more
Iran’s tea industry faces total destruction: union
The head of Iran’s northern tea factories union has announced that more than 65 tea production units have been shut down, and the “uncalculated policies” of the Ahmadinejad administration have put a heavy strain on tea production in Iran. » read more
Iran’s slowdown may be worse than predicted: IMF
The International Monetary Fund announced today that due to Iran’s currency crisis, the Islamic Republic economy may contract by more than the IMF had previously predicted. » read more
U.S. considering new sanctions on Iran
United States lawmakers are mulling over a new package of sanctions on Iran that would restrict the Islamic Republic’s ability to engage in international business deals even for non-petroleum products. » read more














