Lifting U.S. Sanctions Will Not By Itself Revive Iranian Economy, Officials Say
By Kayhan Life Staff
Iran-Italy Chamber of Commerce Chair Ahmad Pourfallah has warned the country’s officials that they cannot jump-start the economy even if all sanctions were to be lifted unless they enact the Financial...
Iranian Businesses Suffer From Coronavirus Impact
By Roshanak Astaraki
The Novel Coronavirus COVID-19 has infected more than 9,000 people and claimed close to 354 lives in Iran so far. The country has been experiencing the economic and financial impact of the...
Iran Central Bank Governor Blames Protests for Currency’s Fall
DUBAI, Dec 17 (Reuters) - Iran's central bank governor on Saturday partly blamed recent anti-government unrest for the fall of the Iranian currency to record lows, while authorities detained a prominent actress who had voiced...
Iranian Businesses That Pose No Public Health Risks Can Reopen, Deputy Minister Says
By Roshanak Astaraki
Businesses that pose no public health risks and are unlikely to cause the spread of coronavirus can soon reopen under the government’s “smart social distancing” scheme, according to Hossein Modarres Khiabani, the...
Iran Plans to Boost State Coffers by Selling Oil Securities to Iranians
By Parisa Hafezi and Davide Barbuscia
DUBAI, Aug 12 (Reuters) - Iran plans to start offering oil-backed securities to its citizens, President Hassan Rouhani said on Wednesday, as part of the government's efforts to boost state coffers...
Iran Currency Falls as Nuclear Talks Seem to Hit Roadblock
DUBAI, Dec 4 (Reuters) - The Iranian rial currency dipped on Saturday but remained above historic lows after news that talks with world powers to revive the 2015 Iran nuclear accord may have run into difficulties.
Indirect U.S.-Iranian...
U.S. Grants 120-Day Waiver for Iraq to Pay for Electricity from Iran
WASHINGTON, March 31 (Reuters) - The United States has renewed a waiver allowing Iraq to pay for electricity imported from Iran, this time giving Baghdad 120 days to reduce its energy dependence on neighboring Tehran,...
All Mosques in Iran to Reopen Temporarily on Tuesday
May 11 (Reuters) - All mosques in Iran will reopen temporarily on Tuesday, a further step in the government's plans to ease restrictions that aimed to contain the spread of the new coronavirus, the official IRIB...
ANALYSIS – Countries Where Iranian Oil and Gas Revenues Are Blocked
LONDON, Jan 5 (Reuters) - Iran has been unable to obtain tens of billions of dollars of its assets in foreign banks, mainly from exports of oil and gas, due to U.S. sanctions on its banking...
Iranian Job-Seekers Say They Are Hit Hard By the COVID-19 Pandemic
By Roshanak Astaraki
The COVID-19 pandemic has devastated the economies of most countries around the world and resulted in millions of job losses. Iran, which already faces double-digit inflation and rampant unemployment, is among the...
