Monday, May 20, 2024

ANALYSIS – Iran’s “Cup of Poison”? Hardline Win May Point to Eventual US Talks

By Parisa Hafezi DUBAI, Feb 22 (Reuters) - Anti-Western hardliners are set to sweep Iran's parliamentary elections and appear favourites to clinch the presidency next year, but an economic crisis could force them to engage with...

ANALYSIS – Currency Crisis Impoverishes Iranians, Strains Economic Defences

By Parisa Hafezi and Davide Barbuscia DUBAI, July 7 (Reuters) - Desperate to afford her daughter's overseas university fees, 58-year-old retired Iranian teacher Maryam Hosseini withdrew all her savings from the bank to buy U.S. dollars. It...

Company Linked to Iranian Defense Ministry Opens Supermarket in Venezuela

By Kayhan Life Staff The Iranian conglomerate Etka, which is allegedly owned by the Armed Forces of the Islamic Republic, has opened its first supermarket “Megasis” in the Venezuelan capital Caracas, the Iranian Students News...

U.S. Charges New York Cosmetics Executive with Iran Sanctions Violations

WASHINGTON, April 6 (Reuters) - U.S. prosecutors said on Tuesday they charged the president of a New York cosmetics company for his alleged involvement in a conspiracy to violate U.S. economic sanctions on Iran. Michael Rose,...

Putin Looks to Enter Iran Markets Following Western Sanctions

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine. VLADIVOSTOK, Russia, Sept 7 (Reuters) - Russian President Vladimir Putin said it would be "impossible" to isolate Russia and...

ANALYSIS-Rising Oil Prices Buy Iran Time in Nuclear Talks, Officials Say

By Parisa Hafezi DUBAI, May 5 (Reuters) - Emboldened by an oil price surge since Russia invaded Ukraine, Iran's clerical rulers are in no rush to revive a 2015 nuclear pact with world powers to ease sanctions on...

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 Ends Week-Long Parliamentary Election Campaign

DUBAI, Feb 20 (Reuters) - Campaigning officially ended on Thursday for Iran's parliamentary election, state media said, a day before a vote seen as a litmus test of the popularity of the Islamic republic The...

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...

Iran’s Rial Drops to Record Low Against the U.S. Dollar After U.N. Rebuke

DUBAI, June 20 (Reuters) - The Iranian rial fell to its lowest ever rate against the U.S. dollar on the unofficial market on Saturday, a day after Tehran's rebuke by the U.N. nuclear watchdog increased...