Monday, January 30, 2023

Iranians Face Severely Cold Weather, Shortages of Gas and Electricity

By Kayhan Life Staff Many Iranian households are currently facing shortages of energy, including gas and electricity, despite freezing temperatures. There has been a disruption in the distribution and delivery of refillable gas cylinders and...

Iranian Government and Parliament Clash Over Budget Deficit

By Kayhan Life Staff The Iranian government’s economic team and the Majlis (Iranian Parliament) have been engaged in a dispute that has escalated in recent days. Majlis deputies reviewing the government’s budget bill have been concerned...

Iranian Oil Exports End 2022 at a High, Despite No Nuclear Deal

By Alex Lawler, Bozorgmehr Sharafedin and Chen Aizhu LONDON, Jan 15 (Reuters) - Iranian oil exports hit new highs in the last two months of 2022 and are making a strong start to 2023 despite U.S. sanctions,...

Iran Restricts Supply of Cheap Oil to Syria, Doubles the Price for Crude -WSJ

Jan 15 (Reuters) - Iranian officials have told Syria they would now have to pay more for additional shipments of oil, which will double the price to a market rate of more than $70 a barrel,...

Iran’s Government Swells Budget to Boost Growth, Cut Inflation

DUBAI, Jan 11 (Reuters) - Iranian President Ebrahim Raisi presented a substantially enlarged state budget to parliament on Wednesday, vowing to bring down inflation and boost growth to lift an economy hit by U.S. sanctions. State media...

German Exports to Iran Rise Despite Diplomatic Tensions

BERLIN, Jan 10 (Reuters) - German exports to Iran rose last year, according to data seen by Reuters, despite Western condemnation of Tehran's months-long crackdown against protests. German exports to Iran climbed 12.7% year-on-year from January to...

Tehran Says It Foiled Cyberattack on Central Bank

Jan 6 (Reuters) - Iran has foiled a cyberattack on its central bank, the country's telecommunications infrastructure company said on Friday. Anonymous and other global hacking groups threatened in October to launch cyberattacks on Iranian institutions and...

Iran Is Experiencing Large-Scale Capital Flight, Expert Says

By Kayhan Life Staff Massoud Khansari, the head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture, said recently that $10 billion in financial assets left Iran every year. He warned that large-scale capital...

Tehran Interested in Trade With Taliban– Minister

By Mohammad Yunus Yawar KABUL, Jan 2 (Reuters) - The Taliban administration will encourage self-sufficiency and wants international trade and investment, the acting commerce minister said, as Afghanistan faces isolation and suspension of some humanitarian operations over...