ANALYSIS: Twenty-Six Million Iranians Live In Extreme Poverty
By Kayhan Life Staff
President Ebrahim Raisi’s government established the “Headquarters for Eradicating Absolute Poverty” in 2022.
Yet almost a year later, the number of Iranians forced into poverty continues to increase.
In comments reported by the...
Frozen Iranian Assets Transferred to Swiss Central Bank – S.Korean Media
SEOUL, Aug 21 (Reuters) - Iranian assets that had been frozen in South Korea were transferred to Switzerland's central bank last week for exchange and transfer to Iran, South Korean media reported on Monday.
The Swiss National Bank...
Iraq to Pay $2.76 Bln in Gas and Electricity Debt to Iran
BAGHDAD, June 10 (Reuters) - Iraq has agreed to pay about $2.76 billion in gas and electricity debt to Iran after receiving a sanctions waiver from the United States, a senior Iraqi foreign ministry official said.
Iraqi Foreign Minister Fuad Hussein was...
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,...
Iraq Says Iran Blames Reduced Gas Exports on ‘Technical’ Matter
BAGHDAD, May 26 (Reuters) - Iran's foreign minister told his Iraqi counterpart on Friday that a reduction in gas exports to Iraq was a technical matter and Tehran had not decided on any cuts, an Iraqi foreign ministry...
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...
Russia Eyes Free Trade Pact With Iran
June 19 (Reuters) - A free trade zone agreement between Iran, Russia and several countries that cover the vast Eurasian region spreading from the borders of Eastern Europe to Western China is possible by the end...
Iran’s Food and Drug Prices Have Tripled Since 2020
By Kayhan Life Staff
Iranian households, particularly those living in major metropolitan areas and cities, are struggling with food and medicine shortages, and increasing prices of goods.
According to the latest reports, the Consumer price index...
Iran to Raise Oil Output Amid Curbs on Production
DUBAI, Aug 9 (Reuters) - Iran will produce an extra 250,000 barrels per day (bpd) of oil by the end of summer, the semi-official Tasnim news agency reported on Wednesday citing the head of the National...
