Iran’s Currency Slides to Record Low As Savers Buy Dollars
DUBAI, Feb 25 (Reuters) - Iran's rial currency sank to a record low against the U.S. dollar on Saturday despite central bank measures aimed at cooling demand for foreign currency from savers worried about inflation and...
Taliban Sets Up Investment Consortium With Firms From Iran, Russia
KABUL, Feb 22 (Reuters) - Afghanistan's Taliban-led administration has set up a consortium of companies, including some in Russia, Iran and Pakistan, to create a investment plan focusing on power, mining and infrastructure, the acting commerce minister said...
Iran’s Currency Falls to Record Low As Sanctions To Continue
DUBAI, Feb 20 (Reuters) - Iran's troubled currency broke below the psychologically key level of 500,000 rial per U.S. dollar on Monday, as market participants saw no end in sight to sanctions.
The Iranian rial plummeted to a...
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...
INTERVIEW: Economist Hassan Mansoor Analyzes Iran’s ‘Productivity Plan’
By Kayhan Life Staff
The government of President Ebrahim Raisi recently announced its intentions to continue the implementation of the “Productivity Plan” aimed at generating revenue for the government by selling unused assets, including state-owned...
Iran’s Parliament to Debate Proposal to Curb Hijab Violators’ Civil Rights
By Kayhan Life Staff
The Majlis (Iranian Parliament) is preparing to debate a proposal on depriving hijab violators of social services, Mousa Ghazanfarabadi, the chair of the Majlis’ Judicial and Legal Commission, has said.
In comments...
EXCLUSIVE-Iran’s Government To Start Revamp at Venezuela’s Largest Refining Complex Within Weeks – Sources
By Mircely Guanipa
PUNTO FIJO, Venezuela, Feb 3 (Reuters) - State firms from Iran and Venezuela will start in the coming weeks a 100-day revamp of the South American nation's largest refining complex to restore its crude...
Tehran, Moscow Link Banking Systems amid Western Sanction
DUBAI, Jan 30 (Reuters) - Iran and Russia have connected their interbank communication and transfer systems to help boost trade and financial transactions, a senior Iranian official said on Monday, as both Tehran and Moscow are chafing under...
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 2023-24 Budget Earmarks Massive Funds for Religious Institutions
By Kayhan Life Staff
President Ebrahim Raisi submitted his government’s 2023-24 Budget Bill to the Majlis (Iranian Parliament) last week.
The government’s proposed budget calls for increasing funds allocated to religious and ideological institutions.
https://kayhanlife.com/news/iran/analysis-iran-crackdown-may-burnish-raisis-credentials-for-top-job/
https://kayhanlife.com/society/human-rights/exclusive-u-n-expert-backs-probe-into-irans-1988-killings-raisis-role/
The massive deficit...
