Payvand Iran News:
Business, Economy...
Bahman 28 1397
February 17 2019
Business & Economy | Energy & Oil Art | Film & Music | Events Heritage & History Philanthropy
Sports | Politics For Peace | Society & Culture Literature & Books Health & Medicine
Rights | Women | Diaspora Travel | Environment & Geography Science & Education Middle East & Asia
Home | Contact | About | Archive | Privacy Policy
Bookstore | Persian Calendar
twitter | facebook | RSS Feed

Bookmark and Share

Iran Business Source
Iran Travel Source
Fale' Hafez


Shahrvand | Shargh | Ghanoon
Etemaad | Arman | Aftab
Alef | Ettela'at | donya-e eqtesad
Rooz Online | Hamshahri | Iran
Norouz | Kayhan | Resalat
Kayhan London | Salam Toronto
Norouz |
Iran Daily
| Tehran Times

(Radio, TV)
IRIB | BBC | VOA | Radio Farda
Fars | IRNA | ISNA | Mehr

Tehran | Mashhad | Tabriz
Abadan | Esfahan | Shiraz

Tehran tourism exhibit to host over 700 Iranian, international businesses

- A total of 660 Iranian tourism marketers and businesses along with 57 foreign ones will participate in the 12th Tehran International Tourism Exhibition, which will be running from February 12 to 15. Iran hosted 6,074,580 foreign nationals during the first nine months of the currant Iranian calendar year, up by 56 percent year on year. -Tehran Times - 2/7/19

Iran Claims Iraq Will Pay Its Debts, But U.S. Sanctions Make It Hard

- One day after Iran's Oil Minister Bijan Zanganeh complained that Iraq has not paid billions of dollars for its imports from Iran after the re-imposition of U.S. sanctions, Iran's Central Bank Governor told reporters that he has reached an agreement with his Iraqi counterpart about the payments. -Radio Farda - 2/7/19

U.S. Will Not Renew Iran Sanctions Waivers In May: Brian Hook

- U.S. Special Representative for Iran, Brian Hook, says Washington has no plan to extend waivers when the exemptions expire in May. "Iran's oil customers should not expect new waivers to U.S. sanctions in May", the top State Department official reiterated. -Radio Farda - 2/7/19

Iran's recoverable crude at 160 billion barrels: NIOC

- The National Iranian Oil Company (NIOC) in an announcement put Iran's reserves of recoverable liquid hydrocarbons at an estimated amount of 160.12 billion barrels, while its natural gas reserves stand at 33.33 trillion cubic meters. This makes Iran one of the world's largest holders of crude oil, condensate and gas liquids reserves on the planet. - 2/6/19

Oil Minister says Europe not buying Iran oil despite U.S. sanctions waivers

- Iran's Oil Minister Bijan Zanganeh said Tuesday Italy and Greece had stopped buying oil from Iran despite being granted waivers from US sanctions. "Among the Europeans, except for Turkey, no other nation has purchased oil from Iran. Greece and Italy refuse to buy Iran's oil despite winning waivers. And they don't respond to our correspondence," said the oil minister at a press conference on Tuesday. - 2/5/19

Lawmaker Says Minimum Wage In Iran Should Increase Fourfold

- A member of parliament's labor faction in Iran says minimum monthly wage should be increased to 40 million rials, or about $400. Currently the minimum wage is about $100. Zahra Sae'I told the parliament's news service on February 3 that the poverty line in Tehran is about $300 monthly income and workers should earn at least $400. - 2/5/19

Up to seven thousand German firms eye trade with Iran: Official

- Up to 7,000 German business enterprises are estimated to seek continued trade with Iran, says the managing director of the German-Iranian Chamber of Commerce, following the launch of a payment vehicle that enables continued European trade with the Islamic Republic irrespective of unilateral sanctions by the United States. -Press TV - 2/3/19

INSTEX: A Real Solution Or A Symbolic Move To Keep Iran In Nuclear Deal

- One day after Germany France and the UK launched INSTEX (Instrument In Support Of Trade Exchanges) to help reduce the impact of sanctions on Iran there are still speculations about the measures' effectiveness, with some saying INTEX simply has symbolic significance. -Radio Farda - 2/1/19

Dollar, Major Currencies Again Rising In Iran

- The U.S. dollar and other major currencies have witnessed a notable rise on the Tehran currency exchange market this week. The dollar's gain has been about 10 percent. As a reaction the chief of Iran's central bank sounded a warning, that this trend will not necessarily stay, and people should not take risks with their money. -Radio Farda - 2/1/19

EU Delays Payment System For Iran Amid U.S. Warnings

- The EU has reportedly delayed registering an alternative financial channel to help Iran, say reports coming from Brussels on Monday January 28. Reports from Brussels Monday morning said that the release of the conclusion on Iran has been "postponed" due to differences over one of its ten articles. -Radio Farda - 1/28/19

University of Tehran to hold e-mental health startup weekend

- The University of Tehran will hold the first startup weekend on electronic mental health from February 20 to 22, IRNA reported on Tuesday. Mental health literacy, self-care, social-mental disorders and digital technology to prevent them as well as electronic psychiatric consultation will be discussed during the event. - 1/24/19

Iran Concerned About Oil Revenues, U.S. Pressure

- Iran's Vice-President Mohammad Baqer Nobakht says Tehran is facing "serious problems in exporting oil" as a result of "brutal sanctions." Speaking in the south-eastern province of Kerman on Friday January 18, Nobakht said Iran is "too far away from the target of exporting 2,410,000 barrels per day planned in the country's budget," which should have brought $47 billion in revenues. -Radio Farda - 1/19/19

Iran's Top Exporter Says Impossible To Do Business

- The Chairman of Iran-China Joint Chamber of Commerce Asadollah Asgaroladi, who is one of the country's top businessmen has stopped exporting from Iran in the past two months due to payment problems."After 64 years of export activities, for first time I had to suspend exports," Tasnim quoted Asgaroladi as saying during a meeting with Tehran Chamber of Commerce members on January 15. -Radio Farda - 1/18/19

Zarif Says Pompeo Has No Right To Interfere In Iran-Iraq Ties

- Iran's foreign minister Mohammad Javad Zarif who is on an extended tour of Iraq responded to his American counterpart, saying the United States has no right to interfere in bilateral relations between Tehran and Baghdad. -Radio Farda - 1/18/19

Iranian Startups Offer Opportunities In An Unstable Economy

- The past decade in Iran has witnessed a surge in the number of startups, larger Internet companies, and digital-service providers. Owing to the impact of American sanctions, Iranians are often left to their own devices when it comes to Internet services. Amid the country's rapid digitization and the fact that more than 62 percent of all households were connected to the Internet as of March 2017 -- a staggering leap from 21 percent in 2013 -- there is clearly increasing demand. - 1/16/19

Iran to open bunkering terminal in blow to UAE's Fujairah

- Iran will start bunkering operations at a newly-built ship fueling terminal on the Persian Gulf island of Qeshm by next month, the head of the Islamic Republic of Iran Shipping Lines (IRISL) said Wednesday. The 52,000-tonne capacity terminal will give Iran access to traffic on one of the world's biggest shipping lanes in the Strait of Hormuz through which 40 percent of the world's seaborne oil exports pass. -Press TV - 1/16/19

Iran, Iraq's Kurdistan call for enhanced ties

- Iran and Iraq's semi-autonomous Kurdistan region have emphasized the importance of expanding bilateral relations in various sectors, particularly in the economic field. The calls for stronger ties came during a visit by Iranian Foreign Minister Mohammad Javad Zarif to the capital of Iraqi Kurdistan, Erbil, on Tuesday. -Press TV - 1/15/19

India Takes Over Operation At Iran's Chabahar Port

- India has started its commercial activities in Chabahar within the framework of a trilateral deal, also including Afghanistan, aimed at developing the southern Iran port into a regional trade hub. "This is the first time India will be operating a port outside its territories," the Ministry pointed out. -Press TV - 1/8/19

Draft bill prepared to cut four zeroes from Iran's national currency

- The Central Bank of Iran (CBI) submitted the draft of a bill to slash four zeroes from the national currency, rial, to the cabinet, Tasnim news agency quoted the governor of the CBI as saying on Sunday. "The government submitted the bill on crossing out four zeroes of the national currency to the parliament on Saturday and we hope to reach a good result as soon as possible," Abdolnasser Hemmati said answering the parliament members' questions. -Tehran Times - 1/7/19

Iran's Expediency Council passes law on combating money laundering

- Iran's Expediency Council has approved a domestic bill on combating money laundering. Council member Gholam-reza Mesbahi Moghddam told Fars news agency on Saturday that the bill, which had been declared flawed by the Guardian Council, was finalized based on the constitution and would be sent to the parliament speaker for referral to the government. - 1/6/19

No foreign power can make decisions on legitimate EU-Iran trade ties: Mogherini

- European Union foreign policy chief Federica Mogherini says the bloc will not allow any foreign meddling - even from its closest ally - in its legitimate trade ties with other countries amid US attempts to kill Europe's business relations with Iran following its withdrawal from a multilateral nuclear deal. -Press TV - 1/2/19

Iranian Retirees And Farmers Protest For Their Share Of State Money

- Iranian government retirees in Tehran and farmers in Isfahan held protests on Wednesday, demanding money they believe is due to them from the state. Retirees gathered in front of parliament demanding to see separate appropriation in next year's budget for higher pensions, to address rising prices. -Radio Farda - 1/2/19

Iran's Fading Economic Presence In Iraq Can Be Costly, Says MP

- The chairman of Iran's national security and foreign policy commission has said that his country's economic balance sheet in Iraq is "negative", and Turkey and Saudi Arabia have assumed a larger economic role, IRNA reported on January 1. -Radio Farda - 1/2/19

Peaceful Iranian Teachers Protesting Heavy Sentence Against Mohammad Habibi Met With Tear Gas, Arrests

- Teachers who were peacefully protesting a fellow colleague's heavy prison sentence were met with tear gas by anti-riot units who made "several arrests" in the Iranian city of Isfahan on December 27, 2018, a trade unionist told the Center for Human Rights in Iran (CHRI). - 12/30/18

Twenty Thousand PhD Graduates Are Unemployed In Iran

- Iran's Deputy Minister of Science, Research and Technology for educational affairs says 20,000 Ph.D. holders in Iran are unemployed and jobless. Dr. Mojtaba Shariati Niasar has also noted that 100,000 students are currently studying for a Ph.D., but only 4,000 of them have been employed by the universities, so far. -Radio Farda - 12/27/18

Switzerland to launch a payment channel for Iran by mid-January

- Switzerland is going to launch a payment channel for Iran in mid-January 2019, which allows its companies to sell food, medicine and medical devices to the country, Sharif Nezam-Mafi, the chairman of Iran-Switzerland Joint Chamber of Commerce, announced. - 12/27/18

India Takes Over Iran's Strategic Chabahar Port

- India has formally taken over operations at Iran's strategic Chabahar Port, a move that could have significant geopolitical ramifications in the region. The port on the Indian Ocean, inaugurated last year, is being built largely by India and is expected to provide a key supply route for Afghanistan while allowing India to bypass rival Pakistan to trade with Central Asia. -RFE/RL - 12/26/18

Iran's saffron farming system wins FAO world heritage status

- A traditional saffron cultivation system in Iran has won recognition from FAO as Globally Important Agricultural Heritage Systems (GIAHS). Titled "Saffron Farming System based on Qanat irrigation in Gonabad, Iran", the credit reflects a unique way to produce nutritious foods and/or spices using traditional knowledge and skills while improving local people's livelihoods and preserving biodiversity, FAO website reported on December 21. -Tehran Times - 12/26/18

Rising Poultry Prices In Iran Is Making It Too Expensive For Many

- While the price of a whole chicken is $1.3 per pound in the United States, the cost in Iran has gone up to almost $1.15. But the income of an average Iranian is many times less than a middle class American. Analysts in Iran believe that soon chicken is expected to disappear from the grocery basket of families in Iran. -Radio Farda - 12/24/18

Iran Executes Businessman Dubbed 'Sultan Of Bitumen' For Alleged Economic Crimes

- Iran has executed a businessman known as the "Sultan of Bitumen" sentenced to death by a fast-track court set up to fight economic crimes, Iranian media report. Hamidreza Baqeri-Dermani had been convicted of "spreading corruption on earth", Iran's most serious crime under Islamic laws, for offenses including bribery and fraud, the state-controlled television said on December 22. His October death sentence was upheld by the supreme court. -Radio Farda - 12/23/18

Hotels occupancy rate down 10% in Iran

- Average occupancy rate of Iranian hotels has tumbled by around ten percent since the beginning of the current Iranian calendar year (March 21) in comparison to the same period last year, head of Iran Hotel Association has said. - 12/21/18

Tehran's Stock Market Falls Again As Exports Suffer

- Tehran's stock market experienced another bad day on Monday as it declined 1.2 percent, after weeks of steep falls. Compared to same day last month, the market has declined 13 percent and compared with to beginning of September 18 percent. -Radio Farda - 12/18/18

Security Forces Arrest 28 Steel Workers In Ahvaz, Iran

- Reports from Iran say that at 2:00 am on Monday security forces arrested thirteen workers of a steel factory in their homes and while onlookers protested, they arrested two more people. - 12/17/18

Iranian FM Zarif's Legal Prosecution Cancelled As MPs Give Him Support

- Iranian Parliament's National Security and Foreign Policy Commission has rejected a proposal to take Foreign Minister Javad Zarif's case to the Judiciary for his recent comments on massive money laundering operations by some institutions in Iran. - 12/17/18

Media In Iran Report Country's Currency Rial Rising Again

- Iranian news agencies report that the value of the national currency rial has further increased against major currencies, and is now trading below the 100,000 rial to the dollar threshold. However, a website, apparently operating outside Iran and specializing in reporting currency rates, shows the rial trading just above the 100,000 mark. -Radio Farda - 12/16/18

Iranian FM Zarif Calls Khamenei's 'Look To East' Policy 'Meaningless'

- Iran's Foreign Minister Mohammad Javad Zarif has questioned Supreme Leader Ayatollah Ali Khamenei's "Eastern" policy and ruled it out as "meaningless" in unprecedented and provocative comments he made during a speech in Tehran on Friday December 14. -Radio Farda - 12/16/18

IRAN: President Rouhani Order For More Women In Top Posts 'Ignored'

- A member of the women's faction in the Iranian Parliament says only 17 percent of managerial positions in Iran are held by women and that President Hassan Rouhani's order to appoint women to 30 percent of managerial posts has been ignored. -Radio Farda - 12/14/18

Iran Set to Execute Third Individual Sentenced by "Corruption Court" For Alleged Economic Crimes

- Iran's Supreme Court has upheld the death sentence issued against Hamid Bagheri by the country's new "corruption courts" system and handed it down for enforcement, the Chief Prosecutor of Tehran Province Gholam-Hossein Esmaili announced December 11, 2018. -CHRI - 12/14/18

Iran's Currency Rial Rises As Government Said To Be Manipulating The Market

- The Iranian currency rose for the fifth consecutive day on Wednesday December 12, briefly crossing the landmark 100,000 rial per one US dollar for an hour. Although the new rate is nearly half the rate compared to September, it is still almost three times higher compared to same time last year. In September, the rial had reached a low of 180,000 to the dollar. -Radio Farda - 12/13/18

Pak Charkh (Clean Wheel): Bike-sharing scheme gets underway in Tehran

- Bike-sharing scheme, proposed by an Iranian startup through a system based on Internet of Things (IoT), has started to be implemented in the capital, YJC reported on Wednesday. Some 500 bikes are currently provided for use in district 2 of the city, the head of board of directors of Pak Charkh Iranian Company, Hossein Qasemi, announced. (Pak Charkh is Persian for Clean Wheel) - 12/12/18

More People Fell Under Poverty Line As Iran's Currency Lost Value

- Parliament Research Center of the Iranian legislature says that eleven percent more people have fallen below poverty line in the Tehran region, as the national currency rial has lost value. -Radio Farda - 12/12/18

US, EU exports to Iran soar despite sanctions

- The US and Europe diverge on the need to uphold a landmark nuclear deal with Iran, but their trade path has taken a curiously similar trajectory since Washington reimposed sanctions on Tehran in August. While Iran's exports to the United States almost reached zero in October, its imports from the country grew, a month after the first round of the sanctions was imposed, new data has shown. Meanwhile, German exports to the Islamic Republic soared during the period. -Press TV - 12/12/18

Labor Activists Detained, Released As Strikes And Protests Continue In Iran

- Five labor and civil rights activists detained by the Iranian security forces have been released, the Syndicate of Workers of Tehran and Suburbs Bus Company (SWTSBC) announced on December 11, hours after reporting their detainment. -Radio Farda - 12/12/18

China steady on Iran oilfields, to ditch South Pars project: Report

- China National Petroleum Corp (CNPC) has decided to continue investing in two major Iranian oilfields but suspend investment in the South Pars natural gas project, Reuters claimed on Wednesday. CNPC convinced the US to continue investing in the North Azadegan and Masjid-i-Suleiman (MIS) oilfields, the news agency quoted two unidentified Chinese sources as saying. -Press TV - 12/12/18

Iran's President Rouhani Defends Anti-Corruption Bills, Citing Lower Cost Of Living

- Iranian President Hassan Rouhani has lambasted critics for blocking the government's plan to join international anti-money laundering conventions such as the Financial Action Task Force (FATF). "Without cooperation with foreign banks, the cost of living would be 20 percent higher. Passing FATF bills means costs would decrease 20 percent," Rouhani said -Radio Farda - 12/11/18

Iraq tops Iran's foreign tourists list

- Some 2 million Iraqi nationals visited Iran during the first seven months of the current Iranian calendar year (started March 21), turning the country into Iran's largest source of tourists, ISNA reported. -Tehran Times - 12/11/18

U.S. Seeks Extradition Of Chinese Executive In Iran Sanctions Case

- U.S. authorities are seeking the extradition of a top executive of China's Huawei Technologies over charges that she misled U.S. banks over the company's business dealings with Iran. No decision was reached after a six-hour bail hearing in a court in Vancouver, Canada, meaning that Meng Wanzhou will spend the weekend in jail. The hearing will resume on December 10. -RFE/RL - 12/8/18

Haft Tappeh Labor Activists Beaten at Khuzestan Intelligence Ministry Center, Say Relatives

- Detained labor activists Esmail Bakhshi and Sepideh Gholian were beaten during interrogations at the Intelligence Ministry's detention center in the Iranian city of Shush, Khuzestan Province, according to relatives who visited them on December 4, 2018. - 12/8/18

Iran Nuclear Chief Hopes EU Will Deliver 'By The End Of The Year'

- Iran's most senior nuclear official expressed hope on December 6 that by the end of the year Europe will deliver on a proposed mechanism to continue trade with Iran and save the nuclear deal. -Radio Farda - 12/7/18

Iran Executive Says EU Has Not Renewed Steel Exports Deal

- A member of Iran Steel Association says that the European Union has not renewed the agreement to buy Iranian steel, pending the possible launch of a barter arrangement of trade, called Special Purpose Vehicle or SVP. -Radio Farda - 12/7/18

As Sanctions Take Effect, Loss Of Oil Revenue Hits Iran's Budget

- The Iranian government has lost two thirds of its funding, according to statements from the head of the Islamic Republic's Planning and Budget Organization (PBO) that were quickly removed from official websites. Mohammad Bagher Nobakht painted the dire fiscal picture December 4 while speaking at a gathering of representatives of disabled people assembled at the PBO to protest cuts to government funds allocated to support them. -Radio Farda - 12/5/18

Despite Sanctions, India Manages To Import Iranian Oil

- Despite the ongoing U.S. sanctions on Iran, India continues to be one of the chief importers of Iranian oil. Indeed, the state owned petrochemical corporation Indian Oil is set to import up to 9 million barrels of Iranian oil in December. That is more than 20 percent of current Iranian oil exports. -Radio Farda - 12/5/18

Detained Protester Reportedly Tortured as Iranian Sugar Mill Workers Demand Unpaid Wages

- Detained labor activist Esmail Bakhshi was hospitalized after being tortured under interrogation, according to Iranian labor sources. Bakhshi's colleague Ali Nejati was also arrested by security forces on the 25th day of protests by hundreds of Haft Tappeh workers demanding months of unpaid wages in the southwestern Iranian city of Shush. -CHRI - 12/4/18

Iran's Fars province reports sharp rise in number of eco-lodges

- Fars province's tourism department general has announced a rapid increase in the number of eco-lodges across the province, CHTN reported on Saturday. "The number of eco-lodges has been jumped from 50 to 80 units in the current Iranian calendar year from a year earlier, which shows 60 percent increase," a provincial tourism official said on Saturday, CHTN reported. -Tehran Times - 12/3/18

Iran Steel Workers Come Out Into The Streets in Ahvaz On Sunday

- Videos and images published on social media confirm that steel workers in Ahvaz, capital of oil-rich Khuzestan province staged a large protest on Sunday and marched in the main streets of the city. The steel workers have been on strike and holding protests for the past 23 days; almost as long as their peers at the Shush sugarcane mill' also in Khuzestan, are still protesting despite the appointment of a new director at the factory. -Radio Farda - 12/3/18

Iraq Continues To Face Hurdles Due To Its Relations With Iran

- Amid U.S. sanctions on Iran, Iraq is currently facing a challenge in addressing energy needs and supply of other vital goods, as its chief supplier of natural resources and a key trading partner grapples with its own isolation. -Radio Farda - 12/3/18

IRAN: Fallout Over Zarif's Money Laundering Comments Deepens

- The Islamic Republic's Prosecutor-General says Iranian Foreign Minister Mohammad Javad Zarif's recent accusations of rampant money laundering in Iran are baseless, and the conservative block in Iran's parliament is threatening to have him impeached over his comments. - 11/30/18

Russia's Putin endorses deal for Iran-EEU free trade zone

- Russia's President Vladimir Putin has endorsed a much-awaited agreement for the establishment of a free trade zone between Iran and the Eurasian Economic Union (EEU) thus facilitating the process for the Islamic Republic to join the Moscow-led regional economic bloc. - 11/29/18

Iran, EU reiterate resolve to abide by JCPOA despite US exit

- Iran and the European Union have once again stressed their resolve to keep the 2015 nuclear deal alive despite the unilateral US withdrawal from the international accord. In a meeting in Brussels on Tuesday, Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi and the EU's foreign policy chief, Federica Mogherin, agreed on the need for staying committed to the landmark agreement, according to a press release by the European External Action Service (EEAS). -Press TV - 11/28/18

'Nothing Left' For Iran In JCPOA: Deputy FM Araqchi

- Tehran has no benefit from the nuclear deal anymore since Washington reimposed sanctions on Iran, the Islamic Republic's deputy foreign minister for political affairs, warned on Monday, November 26. "The Joint Comprehensive Plan of Action (JCPOA) is in a "critical situation" Abbas Araqchi insisted, adding, "This is a reality". -Radio Farda - 11/27/18

Iran Airshow 2018: Kish Island, Persian Gulf

- The ninth edition of Iran Airshow (Airshow 2018) kicked off in Kish Island, southern Iran, on Tuesday. According to the exhibition's executive secretary Bijan Bankdar, over 115 domestic and foreign exhibitors active in the aviation, aerospace, airlines and other related industries along with university scholars are showcasing a vast range of products, systems and services in the aviation and aerospace fields during this four-day exhibition. - 11/27/18

Iran's Inflation Rate Soars To Nearly 35 Percent

- The Iranian Statistical Center has announced that the inflation rate in Iran for the period between 23 October and 22 November has risen by 34.9 percent compared to the same period last year. The center has calculated the rise in the inflation rate based on price indexes for consumer goods and services. -Radio Farda - 11/26/18

Iran hopes e-Visa can attract more foreign tourists

- Iran has begun to issue electronic visa for foreign tourists as part of a larger initiative to cope with the restrictions imposed by the US administration on those traveling to the country. Iran issues electronic Visas for foreign tourists in 110 domestic and international airports. There is no difference between Iran's electronic and normal visas in terms of duration. The new Visa provides foreign tourists with a chance to visit Iran without any concern. -Press TV - 11/25/18

VP For Legal Affairs Says Iran Needs Transparency Laws To Rein In Dirty Money

- Laila Joneydi the Vice President for Legal Affairs has weighed in on Iran's money laundering legislation controversy. According to ISNA, Joneydi said that money from "organized crime" enters the Iranian financial system because there is "no data about the source and destination" of money transfers. -Radio Farda - 11/25/18

Iran's Bank Melli says German branch's telecom services 'not disconnected'

- Iran's largest commercial lender, Bank Melli, has rejected reports that its branch in Germany's Hamburg has become disconnected from phone and internet services as a result of US sanctions. Bank Melli announced in a statement as reported by the domestic media that all of its overseas branches remained connected to phone and internet services. -Press TV - 11/25/18

Second Peaceful Teachers' Strike in Iran Met With Arrests, Summons and Threats

- Iranian security and judicial authorities responded to the second round of peaceful teachers' rights strikes by arresting and summoning alleged participants in several cities across the nation. -CHRI - 11/23/18

European Contacts With Tehran Continue As Iran Demands A Trade Arrangement

- As British Foreign Secretary Jeremy Hunt travelled to Tehran this week and met with senior Iranian officials, a French diplomat also visited the county in what Iran claimed to be a new European initiative to assure the Islamic Republic of their intention to help in trade despite U.S. sanctions. -Radio Farda - 11/23/18

Colleagues Of Iranian FM Zarif's Come To His Defense As Impeachment Talk Conitues

- While signature collection is reportedly underway in Majles (Iran's parliament) to impeach the Islamic Republic's Foreign Minister Mohammad Javad Zarif, his subordinates have raised voices to defend their boss. Talk of Zarif's impeachment by some conservative MPs on Monday became more pointed on Tuesday as one MP claimed collecting signatures has already begun. -Radio Farda - 11/21/18

More Iranian Officials Warn Europe Over Lack Of Progress On Trade

- Iran's deputy foreign minister says Europe is "incapable" of creating the promised financial mechanism (SPV) and countries refuse to host the financial institution for saving the Joint Comprehensive Plan of Action (JCPOA) or Tehran's nuclear deal with world powers. - 11/21/18

IRAN: Ayatollah Blasts FM Zarif Comments As MP Talks Of His Impeachment

- Following implicit criticism of foreign minister Mohammad Javad Zarif by the conservative head of Iran's Judiciary, a member of parliament says that Zarif's impeachment process has begun. On Monday, the Judiciary's Ayatollah Sadeq Amoli Larijani dismissed Zarif's recent comments about high level of money laundering in Iran, describing it as a "stab right into the heart" of the Islamic Republic ruling system. - 11/20/18

Steel and Sugarcane Workers Rally in Ahvaz, Iran to Demand Unpaid Wages

- Workers from the Iran National Steel Industrial Group (NSIG) in Ahvaz, Khuzestan Province, held rallies November 10-14, 2018, demanding two months of unpaid salaries and in protest against the unannounced and sudden halt of production at the plant. -CHRI - 11/20/18

Iran's gold rush seeks to insulate economy from US sanctions

- Iran is stepping up production of precious metals to cushion its economy against the effects of new US sanctions which have triggered a flurry of panic buying of gold by some citizens. Iran Minerals Production and Supply Company, a subsidiary of state-owned mining group IMIDRO, plans to revitalize six small-scale gold and copper mines in the provinces of West and East Azarbaijan, Isfahan and South Khorasan. - 11/20/18

US economic sanctions restrict Iran's access to medical, health services: IRIMC

- The Islamic Republic of Iran Medical Council (IRIMC) says illegal economic sanctions imposed by the United States against Tehran have negative impacts on the country's health sector, calling for an immediate and humanitarian solution to the issue. -Press TV - 11/19/18

Iran, Iraq Vow To Significantly Boost Trade Despite U.S. Sanctions

- Iran and Iraq have vowed to significantly boost trade despite the United States imposing new crippling economic sanctions against Tehran. Under the sanctions regime, countries that do business with Iran without U.S. waivers risk hefty fines, a threat that has forced many trade partners to cut ties with the Islamic republic. But Iranian President Hassan Rohani said annual bilateral trade with Iraq could rise to $20 billion from the current $12 billion. -RFE/RL - 11/19/18

Tensions Rise In Shush, Iran As Many Workers, Labor Leaders Arrested

- Following days of protests by workers in Shush, southwest Iran, the labor union at the Haft Tappeh sugar factory reports that up to 19 workers have been arrested by security forces. Earlier, the Governor-General of Khuzestan province had confirmed that four workers had been arrested during labor protests against long overdue wages. -Radio Farda - 11/19/18

Two Wings of a Nightingale: Persian soul, Islamic heart

© Copyright 1997-2017 NetNative (All Rights Reserved)