ANALYSIS-Iraqi PM Walks Diplomatic Tightrope in Crackdown on Dollars Smuggled to Iran
By Ahmed Rasheed
BAGHDAD, Jan 23 (Reuters) - Under pressure from Washington to stem the flow of dollars into Iran, Iraq's prime minister sent elite counter-terrorism forces more accustomed to battling Islamist militants to shut down dealers smuggling...
Iran’s Oil Minister Visits Venezuela
CARACAS - Iranian Oil Minister Javad Owji arrived in Venezuela on a visit meant to "strengthen energy relations," the South American country's foreign ministry said.
The trip will include visits to the facilities of state oil company PDVSA,...
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...
Saudi Arabia Could Invest in Iran ‘Very Quickly’ After Agreement – Minister
By Rachna Uppal
RIYADH, March 15 (Reuters) - Saudi Arabia's Finance Minister Mohammed Al-Jadaan said on Wednesday that Saudi investments into Iran could happen "very quickly" following an agreement to restore diplomatic ties.
"There are a lot of opportunities for...
Nasdaq to Pay $4 Mln Settlement Over Apparent Iran Sanctions Violations
Dec 8 (Reuters) - New York-based stock exchange Nasdaq Inc NDAQ.O agreed to pay a $4 million settlement to the U.S. Department of Treasury over apparent violations of sanctions against Iran by a former Nasdaq unit, the department's...
Iranian Media, Lawmakers Criticize Government Over Hyperinflation, Poverty
By Kayhan Life Staff
Hyperinflation is exacerbating poverty levels in Iran, and leading politicians and the media to intensify their criticism of President Ebrahim Raisi and his government just seven months away from the country’s...
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...
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...
Labor Strikes in Iran Escalate, Marking 44th Anniversary of Islamic Revolution
By Kayhan Life Staff
The 44th anniversary of the Islamic Revolution’s victory on Feb. 11 is coinciding with an escalation of nationwide strikes by trade unions in Iran, demanding that employers and the government honor...
Tehran Stock Exchange Tumbles As Retail Investors Withdraw Large Amounts
By Kayhan Life Staff
Nearly $144 million in cash investments in stocks were withdrawn from Tehran Stock Exchange (TSE) on May 7 and 8, Eghtesad-24 online newspaper reported.
(The conversions are based on the current exchange...
