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 Mehr Petrochemical Faces Financial Misconduct Allegations
By Kayhan Life Staff
The General Inspection Organization of Iran (GIO), also called the State Inspectorate Organization of Iran, recently released a 54-page report on alleged financial misconduct committed by the Mehr Petrochemical Company related...
Iranian Carpet Exports Have Plummeted, Union Representative Says
By Kayhan Life Staff
The export of Persian rugs and handmade carpets has dropped significantly since last year, according to Mohammad Ali Zarineh, the head of the Union of Carpet Manufacturers and Weavers.
In comments reported...
Iranian Families Pushed Below Poverty Line By Low National Minimum Wage
By Reza Hamidi
A recent report by the United Nations International Labor Organization (ILO) ranks Iran as having one of the lowest national minimum wages in the region.
Data shows that the annual minimum wage is...
Iranians Selling Meat Rations for Profit as Iran’s Economy Falters
By Natasha Phillips
Feb 14 - Iranians are selling their monthly meat allowance for profit according to Reza Salemi, the Livestock Logistics Director for Tehran Province.
The development comes as Iran is experiencing a deepening economic crisis brought on by fiscal...
Iran’s Latest Poultry Market Scam: Chicken Filled With ‘Blood Water’
Kayhan Life Staff
Some shops in Iran have reportedly been selling packaged fresh chicken containing a large amount of “blood water,” which increases the product’s weight without offering more meat.
Contrary to common belief, the pink...
More Russian Oil Going East Squeezes Iranian Crude Sales to China
By Bozorgmehr Sharafedin, Florence Tan and Chen Aizhu
LONDON, May 19 (Reuters) - Iran's crude exports to China have fallen sharply since the start of the Ukraine war as Beijing favoured heavily discounted Russian barrels, leaving almost...
Iran’s Coronavirus Death Toll Rises as Mosques Due to Reopen
May 4 (Reuters) - The coronavirus death toll in Iran, one of the hardest-hit countries in the Middle East, rose by 74 in the past 24 hours to 6,277, the Health Ministry said on Monday,...
Iran Hyperinflation Sends Food Prices Soaring By As Much As 332%
By Kayhan Life Staff
A recent report by the Statistical Center of Iran (SCI) listed 53 food products affected by rising inflation in cities across the country, with 37 items experiencing a price hike of...
U.S. Treasury Removes Three Iranians from Sanctions List
By Kayhan Life Staff
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has removed three Iranians from its Specially Designated Nationals (SDN) list.
In September 2020, former U.S. President Donald Trump’s administration placed Behzad...
