Gender Inequality in Iran Worsens; Female Unemployment On the Rise
By Kayhan Life Staff
There is an increasing gender gap in Iran’s labor market, with women's share of the workforce significantly smaller than men’s, and female unemployment on the rise, according to data from the...
U.S. Sanctions 14 Iraqi Banks in Crackdown on Iran Dollar Trade- WSJ
WASHINGTON/BAGHDAD, July 19 (Reuters) - The United States has barred 14 Iraqi banks from conducting dollar transactions, the Wall Street Journal reported on Wednesday, citing U.S. officials.
The ban, which was imposed by the Treasury Department and...
Exclusive-US Issues New 120-Day Waiver Letting Iraq Pay Iran for Electricity
By Arshad Mohammed
WASHINGTON, July 18 (Reuters) - The United States on Tuesday moved to let Iraq pay Iran for electricity via non-Iraqi banks, a U.S. official said, a step Washington hopes may keep Tehran from forcing unpopular power...
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...
Iraq-Iran Gas-For-Oil Barter Would Likely Violate US Sanctions
By Arshad Mohammed
WASHINGTON, July 14 (Reuters) - A barter of Iranian natural gas for Iraqi oil as described by the Iraqi prime minister this week would likely violate U.S. sanctions on Tehran unless the U.S. issued a waiver permitting...
Iran Signs Economic Agreements With Zimbabwe as Raisi Ends Africa Tour
By Nyasha Chingono
HARARE, July 13 (Reuters) - Zimbabwe and Iran signed 12 memorandums of understanding on Thursday to strengthen bilateral ties, as Iranian President Ebrahim Raisi wrapped up his three-nation African tour.
Raisi, who visited Kenya and Uganda earlier in...
Iraq to Trade Crude Oil for Iranian Gas To Settle Power Debt -PM
July 11 (Reuters) - Iraq will begin trading crude oil for Iranian gas to end the recurring issue of payment delays to Tehran due to the need for U.S. approval, Iraqi Prime Minister Mohammed Shia Sudani said...
Iranian Hospitals Face Shortages of Drugs and Medical Equipment
By Kayhan Life Staff
The chronic economic crisis in Iran has impacted the country’s healthcare systems, with state and private hospitals facing a shortage of medicine and medical equipment.
While patients face massive medical bills, hospital...
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...
Sri Lanka Set to Start Tea-for-Oil Barter With Iran Next Month
By Uditha Jayasinghe
COLOMBO, June 23 (Reuters) - Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit...
