Monday, May 20, 2024
Financial Action Task Force

Iran Barred from International Financial System After Blacklisting by FATF

By Ahmad Rafat On February 21, the Financial Action Task Force (FATF) blacklisted Iran for failing to enact the Palermo Convention, the Countering the Financing of Terrorism (CFT) and Anti-Money Laundering (AML) acts. The decision came...

More Than 700,000 Afghans Leave Iran as Economy Slows

By Tom Miles GENEVA, Dec 5 (Reuters) - More than 700,000 undocumented Afghans have returned from Iran this year as the Iranian economy tightens, with a knock-on effect on the Afghan economy, according to data from the U.N.'s...

Iranian Economy Is Contracting, Official Statistics Show

Iran's economy contracted by 1.1 percent at the end of the summer, according to a report by the Statistical Center of Iran. The data also shows that Iran’s non-oil economic output fell 1.6 percent...

Iran Calls on People to Stay at Home as Death Toll Rises

By Parisa Hafezi DUBAI, Feb 29 (Reuters) - Deaths in Iran from coronavirus have hit 43, the highest number outside China, and the total number of infected people has risen to 593, an Iranian health official said on...

OPINION: Iran Economic Crisis Underpins ‘No to Islamic Republic’ Campaign

By Roshanak Astaraki In recent days, many Iranians inside and outside the country have joined an online campaign titled “No to the Islamic Republic,” launched earlier this month by some 600 Iranian political dissidents, activists,...

OPINION: IRGC’s Massive Control Over Iranian Politics and Economy

By Hamed Mohammadi It has been nine years since the U.S. military special forces, on orders from former President Barack Obama, carried out an operation in Abbottabad, Pakistan, that killed Osama bin Laden, the founder...

Iran’s Government Appoints New Central Bank Chief

DUBAI, Dec 29 (Reuters) - Iran on Thursday appointed Mohammad Reza Farzin as head of the central bank, state news agency IRNA said. Farzin has been the CEO of Bank Melli Iran since last year. He was also chairman...

OPINION: The Situation in Iran Is Critical, And More Protests Are Likely

By Majid Mohammadi There is no longer any need to cite alarming data such as hyperinflation, chronic unemployment, negative growth, non-existence foreign trade, and endemic corruption to prove that Iran has been in the grip...

Iran’s Economic Crisis Will Spark Massive Protests, Expert Says

By Kayhan Life Staff Chronic mismanagement of Iran’s domestic and foreign policy by successive governments, and the failure of the current President Ebrahim Raisi and his cabinet to strike a new nuclear deal with the...

ANALYSIS: Why Is Iran Experiencing Power Cuts and Gas Shortages?

By Roshanak Astaraki The director of Iran’s Department of Environment (DoE) Isa Kalantari has said the public must reduce its gas consumption or face frequent power outages. In comments reported by the Tehran-based Tejarat News on...