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...
Iran Ramps up Oil Production
DUBAI, Nov 21 (Reuters) - Iran's oil production should reach 3.6 million barrels per day by March 20, 2024, Iran's oil minister Javad Owji said on Tuesday according to semi-official Tasnim news agency, up from the current level of...
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...
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...
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...
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,...
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...
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...
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...
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...
