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October 21 2018
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New Restrictions, Rising Costs Curb Rise In Foreign Travel Among Iranians

- Reimposed U.S. sanctions on Iran are making it more difficult and expensive for average Iranians to travel abroad, and an increase in Iranian asylum claims in Europe could see further restrictions imposed. - 10/19/18

Iranian Foreign Minister Claims 'U.S. Addiction To Sanctions Is Out Of Control'

- Iran's foreign minister has charged that the latest round of U.S. sanctions is violating the human rights of Iranians and that "the U.S. addiction to sanctions is out of control." "Utter disregard for rule of law & human rights of an entire people," Zarif said, calling Washington an "outlaw regime," whose "'hostility toward Iranians [is] heightened by addiction to sanctions." - 10/18/18

'Look East!,' Says Khamenei, Disappointed With Europe's Efforts To Save JCPOA

- Iran's Supreme Leader Ayatollah Ali Khamenei has elaborated on his disappointment with Europe during an October 17 meeting with a group his website has described as Iran's "academic elites and prominent scholars." -Radio Farda - 10/18/18

South Korean firms to stay in Iran despite US sanctions: Envoy

- South Korean Ambassador to Tehran Ryu Jeong-hyun says companies in his country understand the significance of the Iranian market and will not leave it under the US sanctions. The Korean diplomat made the remarks in a Wednesday meeting with Bahman Abdollahi, the head of the Iran Chamber of Cooperatives, in Tehran. - 10/18/18

Retirees Come Out To Protest Meager Pensions In Iran

- Thousands of Iranian retirees assembled outside the Planning and Budget Organization (PBO) on Tuesday, October 16 in Tehran to protest minimal pensions. Based on the latest reports, similar protest rallies were simultaneously held in other large cities including Isfahan, central Iran. - 10/17/18

Isfahan Farmers Renew Their Protests For Government Inaction

- Farmers in Isfahan province have renewed their protests related to lack of water and what they say is government's indifference to their plight. Isfahan was the scene of large protests by angry farmers in March and April. The protesters complained that over the years the government has deprived them of their right to the water sources of the region. They said that either by mismanagement or receiving bribes government officials diverted water from Isfahan to its neighboring province, Yazd. - 10/17/18

US imposes new sanctions targeting Iran banks, companies

- The United States has imposed fresh sanctions on a number of Iranian banks and financial institutions as well as companies ahead of the start of the next month's new round of the US sanctions against the Islamic Republic. The US Treasury on Tuesday announced fresh sanctions on Iranian banks, including Bank Mellat and Mehr Eqtesad Bank. - 10/17/18

High Prices Helping Iran Make Up For Loss Of Half Of Oil Exports: VP Eshaq Jahangiri

- Iran has lost some customers for its oil because of looming U.S. sanctions, but high prices are making up for the lost sales, Iranian Vice President Eshaq Jahangiri has said. "While some countries have stopped buying oil from Iran, we have found new partners," he was quoted as saying by Iran's IRIB broadcaster on October 15. -RFE/RL - 10/16/18

India, Iran to speed up Chabahar plan before US sanctions take effect

- Indian media have quoted informed officials as saying that the country plans to speed up the development of Iran's Chabahar port before the new round of US sanctions against Tehran is put into place. - 10/16/18

Iranians Reveal 'Perfect' Copycat Lamborghini Murcielago SV

- A team of Iranian automotive engineers revealed the fruit of more than four years of labor on Friday with the unveiling of what would appear to be a Lamborghini Murcielago. Except, confirms the team, that the car isn't a Lamborghini at all. -The Drive - 10/16/18

Teachers' Strike Sees Classes Canceled Across Iran

- Iranian teachers went on strike October 14 and 15, holding sit-ins at elementary and high schools across the country to demand better pay and conditions and an end to the detention of education activists. Iranian social media has been abuzz yesterday and today with photos of teachers demonstrating outside their schools or in the hallways and principals' offices in cities across the country - 10/15/18

Sanctions Heavily Impact Iranian Air Travel Cost And Airlines

- While the impact of U.S. sanctions on Iran is deepening week by week, the Islamic Republic's official news agency, IRNA, says, the number of Iranians travelling abroad in the past six months has dropped by 13%, compared with the same period, last year. -Radio Farda - 10/15/18

Iranian Merchants Close Down Shops in Silent Strike Against Hyperinflation

- Merchants and business owners went on strike in several Iranian cities on October 8, 2018, to protest against hyperinflation and economic instability. Images and video footage posted on social media networks showed many shops closed that day in the cities of Tehran, Tabriz, Mashhad, Isfahan, Kermanshah, Sanandaj and Orumiyeh. - 10/11/18

Iran finds creative ways to thwart new US sanctions

- A vessel carrying 2 million barrels of Iranian oil was reported on Tuesday to have discharged the crude into a bonded storage tank at the port of Dalian in northeast China. Keeping oil in bonded storage gives the shipment owner the option to sell into China or to other buyers in the region, Reuters news agency reported. -Press TV - 10/11/18

Iran's Access to SWIFT Being Debated In Washington

- The Washington Free Beacon reports that some in the U.S. Treasury Department are trying to save Iran's access to SWIFT, which can help Tehran to maintain access to the world banking and financial network. SWIFT is a system that enables its nearly 10,000 institutional members around the world to securely transfer money around the globe. - 10/10/18

Three People Sentenced to Death in Iran as 32 Others Issued Harsh Sentences For Alleged Currency Hoarding

- Unnamed "special courts for economic crimes" in Iran have sentenced three people to death and condemned 32 others to long prison sentences for allegedly manipulating Iran's gold and currency markets, Judiciary Spokesman Gholamhossein Mohseni Ejei announced on October 1, 2018. - 10/10/18

ICJ hears Iran arguments in asset freeze case against U.S.

- The UN's top court has heard Iran's arguments against the United States in a new showdown between the two sides over the freezing by Washington of billions of dollars worth of Iranian assets, just days after the tribunal handed Tehran a victory in a separate case. - 10/10/18

IMF Says U.S. Sanctions Have Pushed Iran's Economy Into Recession

- The International Monetary Fund (IMF) estimates that Iran's economy fell into a recession this year that will get worse next year as a result of renewed U.S. sanctions on Tehran. In its World Economic Outlook released late on October 8, the IMF said Iran's oil-driven economy is expected to shrink by 1.5 percent this year as a result of declining oil exports, with the drop in economic output accelerating to 3.6 percent in 2019. -RFE/RL - 10/9/18

U.S. marks first retreat on Iran sanctions by allowing Rhum gasfield to operate

- The US administration has beaten its first retreat on planned sanctions against Iran, allowing a gasfield partly owned by the Islamic Republic in the North Sea to keep operating. The Rhum field northeast of Aberdeen, which supplies around 5 percent of Britain's gas demand, has now received a new operation license from the US Treasury, UK-listed producer Serica Energy said on Tuesday. - 10/9/18

Iranian parliament approves bill to combat financing of terrorism

- The Iranian parliament on Sunday voted in favor of CFT, a legislation to combat financing of terrorism (as part of the country's implementation of international standards set by the Financial Action Task Force (FATF)). The debate on the CFT kicked off on Sunday morning with 268 lawmakers present in the parliament. A total of 143 lawmakers voted in favor of the bill while 120 voted against it. Five MPs also abstained. - 10/8/18

India defies U.S., continues buying Iranian oil despite sanctions

- India is going to continue buying Iranian oil in November despite the U.S. sanctions, Reuters reported citing sources close to the Indian oil industry. "Refiners have placed November nominations to lift 1.25 million tons (about 9 million barrels) of oil from Iran," Reuters quoted a source as saying. - 10/8/18

Iranian Workers Have Lost 90 Percent Of Their Purchasing Power

- Iranian workers have lost 90% of their purchasing power, says the chairman of the Supreme Center of Council's Committee (SCCC) for wages, Faramarz Tofiqi. Meanwhile, several news outlets in Iran say that the recent significant drop of the national currency's value and skyrocketing prices have forced Iranian workers to struggle with unprecedented acrimonious problems. - 10/5/18

Iranians: Dollars Still Expensive as Currency Recovery Stalls

- A sharp recovery of Iran's currency against the dollar stalled Wednesday, as some Iranians complained that they could not find dollars for the cheaper prices being reported by Iranian media. Some Iranian media had reported the rial surging to around 100,000 to the dollar in unofficial trading Tuesday from a record low of 190,000 set last week, an almost 50 percent jump in the Iranian currency's value in one day. But, the Bonbast.com website that tracks Iran's unofficial exchange rates showed the rial later retreated to 147,000 to the dollar by late Wednesday. -Michael Lipin & Behrooz Samadbeygi, VOA - 10/4/18

President Rouhani Says Iran Facing A 'Delicate' Situation

- Iranian president Hassan Rouhani told a group of politicians and activists on October 3 that Iran is confronting a "complicated situation" and conditions are "unusual and delicate". Saying that "today we are a sensitive juncture", Rouhani added that Iran "is in the middle of a full-fledged economic war". His comments come as Iran is facing the implementation of additional U.S. sanctions on its oil exports in about a month. - 10/4/18

Dollar In 'Tears'? Iran Celebrates Rial Rally

- Iran's national currency has been on a months-long freefall. The cost of living for Iranians has soared, sparking angry antigovernment demonstrations in the Islamic republic. So the country's hard-liners were in celebratory mood after the rial unexpectedly rallied against the U.S. dollar earlier this week, prompting media close to the conservative camp to claim that the American currency was an "aborted," "clown," currency in "tears. -Frud Bezhan, RFE/RL - 10/3/18

World Court Orders U.S. To Ensure Iran Sanctions Don't Hit Humanitarian Aid

- The World Court has ordered the United States on Wednesday to ensure that sanctions against Iran do not impact humanitarian aid or civil aviation safety. The court found that assurances offered by Washington in August that it would do its best to ensure sanctions would not affect humanitarian conditions were "not adequate to address fully the humanitarian and safety concerns raised" by Iran. - 10/3/18

Iran Economists Warn About Forex Policy Leading to 'Catastrophe'

- Despite reports that the value of the Iranian rial is rising, fifty Iranian economists have called on the government to shut down "the secondary forex market," an arrangement the economists say has "pushed millions of Iranians below the poverty line." - 10/3/18

Iran's currency Rial regains big chunk of lost value

- The US dollar went on a downhill spiral in Monday trading in Iran's free currency market by experiencing a historic plunge of above 20 percent within only hours. The resurgence of Iran's Rial continued on Tuesday, with the greenback slumping to around 105,000 rials, the Fars news agency reported. - 10/2/18

Foreign Minister Zarif Says Seven European Central Banks Will Assist Trade With Iran

- Iran's Foreign Minister Mohammad Javad Zarif says seven European central banks have agreed to create a special payment system between EU and his country to guarantee business and trade between the two sides sides in the face of U.S. sanctions. - 10/1/18

Iran Sentences Three To Death Over Alleged Corruption

- Special courts set up in Iran to deal with financial crimes have sentenced three people to death, local media reported, as the country faces renewed U.S. sanctions and public outcry against corruption. Gholamhossein Mohseni Ejehi, a spokesman for Iran's judiciary, on September 30 said the three were sentenced after being convicted of "spreading corruption on Earth," according to state television. - 10/1/18

Housing Cost In Tehran Skyrockets As People Measure Value In US Dollars

- The average house price in Tehran has had a 74 percent jump during just one year since September 2017, the Central Bank of Iran announced. Just over the past Iranian month (August 21-September 21) the rise in residential unit prices was 9.4 percent. - 9/30/18

European Plan To Help Iran Alarms U.S. But Market Turns Sour In Tehran

- Whatever the outcome of EU's measures and how the US is going to counter them, the impact on Iran's economy has been devastating, as the rate of exchange of US dollar jumped from 0ver 160,000 rials per dollar Tuesday morning to around 185,000 rials on Wednesday. - 9/27/18

EU's special Iran payment channel could take effect before November: Mogherini

- EU foreign policy chief Federica Mogherini says the bloc's initiative to facilitate payment to/from Iran as part of efforts to save the 2015 nuclear deal could be in place before November, when the US is to re-impose the second batch of its anti-Iran sanctions. - 9/27/18

Iranian Truckers Launch Another Strike to Protest Rising Costs

- Iranian truck drivers have begun another prolonged nationwide strike to protest rising costs, three months after an earlier lengthy strike drew international support and caused shortages at gas stations. -Michael Lipin, VOA - 9/27/18

'India to buy Iran's oil despite US sanctions': Minister of External Affairs

- India's Minister of External Affairs Sushma Swaraj says her country will continue to purchase Iran's oil despite sanctions re-imposed by the US on Iran. In a meeting with her Iranian counterpart, Mohammad Javad Zarif in New York on the sidelines of the 73rd session of the UN General Assembly, Swaraj said India views Iran not only as a good neighbor but also a good friend. - 9/27/18

EU, Iran Vow To Keep Trying To Find Ways To Get Around U.S. Sanctions

- The European Union is vowing to keep trying to set up a new payment system that will allow its businesses to keep trading with Iran despite the U.S. move to reimpose sanctions on Tehran this year. After high-level talks between EU and Iranian officials at the United Nations late on September 24, the two sides issued a statement saying that they remain determined "to protect the freedom of their economic operators to pursue legitimate business." - 9/25/18

Iran's Currency Hits Another Record Low, With Six Weeks to US Sanctions

- Iran's currency has hit another record low against the dollar, six weeks before the United States is due to reimpose sanctions on Iranian oil exports that are Tehran's main revenue source. The Bonbast.com website, which tracks Iran's unofficial exchange rates, showed a new low of 16,000 tomans, or 160,000 rials, to the dollar Monday. -Michael Lipin, VOA - 9/25/18

IRAN: Amid Crisis Another Rouhani Minister Target Of Impeachment

- Contradictory reports have thrown the fate of another pro-reform minister in President Hassan Rouhani's administration in limbo. While dozens of local news outlets maintain that Rouhani's Minister of Industry, Mines and Business, Mohammad Shariatmadari is facing parliamentary impeachment, others report that he has already resigned from his position. - 9/25/18

Iranian Currency Reaches New Lows After Terror Attack

- Iranian national currency's downfall has once again gained momentum, while prices of gold and gold coins has also dramatically soared. Based on the latest reports, one dollar has hit the record breaking figure of 150,000 rials. - 9/24/18

Volkswagen denies US claim it will stop doing business with Iran

- Volkswagen (VW) has rejected US claims that the German car manufacturer has decided to quit Iran amid American sanctions, saying it has not changed its position on the Islamic Republic yet. A Thursday report by Bloomberg quoted US Ambassador to Berlin Richard Grenell as saying that Volkswagen had decided to end doing business with Iran after weeks of talks with the US administration. - 9/21/18

U.S. Ambassador Says Volkswagen Agrees To Pull Out Of Iran

- The U.S. ambassador to Germany has told Bloomberg News that automaker Volkswagen has agreed to comply with U.S. sanctions and suspend most of its operations in Iran. "We are pleased with this decision because Iran diverts its economic resources away from its people to spread violence and instability across the globe," Ambassador Richard Grenell said on September 19. - 9/20/18

Electronic Vouchers For One In Eight Iranians To Buy Low-Price Rationed Food

- A new plan to tackle the effect of sanctions on low-income Iranians, includes issuing electronic vouchers to ten million underprivileged citizens. The vouchers are to be used for "fair distribution" of rationed essential goods at subsidized prices. - 9/18/18

Iran 'has received new trade proposals from Europe': FM Spokesman

- Iran has received new proposals from Europe that would potentially meet its demand for practical guarantees for continued trade and keep Iran in a nuclear deal with five world powers, says the Iranian Foreign Ministry spokesman, amid attempts by the United States to derail that agreement. - 9/17/18

Iran's Rouhani Warns About The Costs Of 'War' But Shuns Pessimists

- Iran's President Hassan Rouhani says Iran's "war with America" would entail "problems" and "casualties" for the people. Nevertheless, he warned public speakers and the media against disillusioning the people by spreading pessimism. However, he assured Iranians that "the final victory in this war belongs to us, and we will defeat the enemy." -Radio Farda - 9/13/18

India's push on Iran's Chabahar puts US in tight corner

- India and Afghanistan have signaled their commitment to the development of Iran's strategic Chabahar port ahead of a Thursday meeting with the US which is pushing for economic strangulation of Tehran. - 9/12/18

Diaper Dilemma Grips Iranians As Economy, Currency Slide

- The times they are a changin'. But in Iran, families with infants are struggling to do the same. Senior officials, industry executives, and young parents have been forced to confront a shortage of baby diapers. "Diapers and immigration," a 36-year-old married man in Tehran, who asks to remain anonymous, says of the current buzz among colleagues. -Golnaz Esfandiari, RFE/RL - 9/11/18

Iraq officially removes US Dollar from Iran trade

- Iraq indicated that it has officially removed the US dollar in trade with Iran by announcing a legal limit for passengers to carry along Euros - instead of the customary US Dollars - into the Islamic Republic. - 9/11/18

US Sanctions 'Highly Effective': Iran's Vice-President

- Iran's first vice-president Es'haq Jahangiri has admitted on Tuesday, September 11 that U.S. sanctions against Iran have been "highly effective." Jahangiri also said that Iran is experiencing "a difficult and sensitive situation," but it has not reached a "deadlock" yet, Iranian Students News Agency ISNA quoted him as saying in a speech in Tehran. -Radio Farda - 9/11/18

Tensions Rise As Iraqi Shoppers Flood Iran

- A flood of Iraqi shoppers to Iran's oil-rich Khuzestan province in the southwest has led to protests and tensions. Following large demonstrations against the influx of Iraqi visitors, the province's representative to the influential Assembly of Experts said on Monday, September 10, "The issue of Iraqis' presence in Abadan and Khorramshahr needs a thorough investigation and should be resolved." - 9/11/18

IRAN: Another Conservative Watchdog Blocks Anti-Corruption Bills

- Iran's Expediency Discernment Council (EDC) has rejected a bill proposed by President Hassan Rouhani's Administration to amend a law concerning money laundering. The proposal, which is a part of four bills known as "Palermo bills" in Iran, was aimed to pave the way for Tehran to get out of Financial Action Task Force's (FATF) list of suspect countries. - 9/10/18

Iran Resorts To Ill-Defined Packages, Rationing To Tackle Impact of Sanctions

- The head of Iran's Planning and Budget Organization, Vice-President Mohammad Baqer Nobakht says his organization will introduce five economic packages to tackle the impact of renewed US sanctions and to control drastic fluctuations of the exchange rate. - 9/9/18

Iran Tells Its People To 'Economize'

- Referring to Iran's "very bleak" economic situation, President Hassan Rouhani's chief of staff has asked people to avoid buying unnecessary goods. "In the current economic situation and amid skyrocketing prices, the pressure on people has increased. We call upon the people to avoid buying goods more than they require," state-run Mehr News Agency cited Mahmoud Vaezi as saying on September 5. - 9/7/18

IRAN: Welfare Reps Presence Required at Job Interviews for People with Disabilities

- In response to criticism that persons with disabilities are not getting three percent of jobs allocated to them by law, Iran's Administrative and Recruitment Organization (ARO) issued a directive on August 27 requiring state agencies to conduct interviews with applicants with disabilities only in the presence of a representative from Iran's State Welfare Organization (SWO). - 9/7/18

Iran Sets November Deadline For Europe To Save The Nuclear Deal

- Iran has given Europe until November 5 to deliver the "practical mechanisms" to buy oil from Iran and save the Joint Comprehensive Plan Of Action (JCPOA), or Tehran's nuclear deal with world powers, said Iran's deputy foreign minister, Abbas Araghchi, on September 4. - 9/5/18

New Unemployment Figures 'Alarming': Iran Parliament Study

- A study conducted by the Research Center of the Iranian Parliament says that the current unemployment figures in Iran are alarming. The results of the study were published on the parliament's website and indicate that the soaring unemployment over the past four years "may give rise to a crisis." - 9/5/18

Iran inaugurates major petrochemical projects in Assaluyeh

- President Hassan Rouhani on Tuesday officially inaugurated three major petrochemical projects in Assaluyeh petrochemical zone in southwestern Bushehr province, Shana reported. As reported, these projects will increase Iran's annual capacity of petrochemical production to 65.5 million tons from the current 62 million tons. - 9/5/18

India Continues With Iran Oil Deliveries

- India is allowing state refiners to import Iranian oil with Tehran arranging tankers and insurance after firms including the country's top shipper Shipping Corp of India (SCI) halted voyages to Iran due to U.S. sanctions, Reuters cited sources as saying on August 3. - 9/5/18

Iran's Rial Hits New Low Against Dollar As U.S. Reimposes Sanctions

- The Iranian currency has hit another record low against the dollar on the unofficial market amid continued economic difficulties following the reimposition of nuclear sanctions by the United States, reports say. The rial has lost around 15 percent of its value on the open market in the past three days, trading at 128,500 to $1 by late September 3, according to Bonbast.com, which tracks Iran's rates. - 9/4/18

Iranians spend $26.5B on online shopping in calendar year: Report

- People in Iran spent 1,110 trillion rials (about $26.5 billion) on online shopping during the previous Iranian calendar year 1396 (ended on March 20, 2018), the E-Commerce Development Center of Iran said in a recently published report. - 9/4/18

EU will continue efforts to keep Iran nuclear deal alive: Federica Mogherini

- European Union's foreign policy chief Federica Mogherini says the 28-nation bloc would continue its work to preserve a 2015 multilateral nuclear agreement Iran signed with the P5+1 group of countries after the US unilateral move to pull out from the deal. - 9/1/18

No Consequences For Iran's President Rouhani After Speech On Economic Performance

- ne day after Iranian Parliament grilled President Hassan Rouhani over his economic performance, it appears that there is no plan for further investigation as Majles Speaker Ali Larijani said on Wednesday August 29 that there will be no follow-up of the case. Based on Majles procedures, the case should have been handed over to the Judiciary and Rouhani should have appeared before judges to defend his performance as he failed to convince members of the Parliament about the failure of his economic policies. - 8/30/18

Iran's look at the Caspian Sea is security oriented

- The share of Iran from the Caspian Sea will be the smallest part of this body of water. None of the other littoral states (Russia, Azerbaijan, Turkmenistan and Kazakhstan) of the Caspian Sea is ready to accept anything more than this for Iran. At the same time, the Iranian part of the Caspian Sea (almost 13 percent of the Caspian Sea) has not any important oil and gas resources that is so far identified by any method... -Bahman Aghai Diba - 8/30/18

Unhappy with US bans UK trying to maintain trade with Iran

- Britain is reportedly trying to maintain trade with Iran in face of returning US sanctions and is even seeking tips from Japan on how to dodge US bans without being implicated. According to a report by the Times, London recently held clandestine talks with Tokyo in search for ways to maintain banking links with Iran and to import Iranian oil. - 8/30/18

Supreme Leader Khamenei's Warns: Iran Could Abandon Nuclear Deal

- Iran's Supreme Leader Ayatollah Ali Khamenei has warned that the country could abandon its nuclear deal with world powers if the agreement does not serve its interests. Khamenei made the comments on August 29 after the United States withdrew from the 2015 agreement in May and earlier this month started reimposing U.S. economic sanctions on Iran that had been lifted under the accord in exchange for curbs on Tehran's nuclear program. - 8/30/18

Iranian FM Zarif Draws Ire for Saying Iranians 'Chose' to Live with Pressures

- Iranian Foreign Minister Mohammad Javad Zarif has drawn a social media backlash from Iranians for saying the pressures they face are a result of the life they have chosen to live. Zarif made the comment while appearing Sunday on a live Iranian state television talk show. At one point during the program, show host Reza Rashidpour asked Zarif why Iran appears to face more global pressures than other nations. -Michael Lipin & Behrooz Samadbeygi, VOA - 8/29/18

Iran's buoyant grain stocks face US sanctions test

- The Iranian government has so far bought a record 9.5 million tonnes of wheat from local farmers who experienced better crop yields this year despite a 30% drop in rainfall against the year before, an official says. Iran has been pushing to boost production of wheat and other strategic products as part of its bid to cut dependency on foreign imports. - 8/29/18

Iran's President Rohani Vows To Defeat 'Anti-Iranian' U.S. Policies

- President Hassan Rohani has told lawmakers that Iran will overcome newly reimposed U.S. sanctions and will show "the anti-Iranian officials in the White House" that the measures will fail to reach their goal. Rohani was summoned before Tehran's parliament on August 28 to answer questions about his handling of the economy amid a growing economic crisis, rising prices, and unemployment. However, the lawmakers were not convinced by his answers and referred the case to the judiciary. - 8/28/18

Reimposition Of Iran Sanctions Are Legal, Justified, U.S. Tells UN Court

- The United States says the reimposition of nuclear-related sanctions against Iran is a legal and justified national security measure that cannot be challenged by Tehran at the United Nations' highest court. U.S. State Department legal adviser Jennifer Newstead called on judges at the International Court of Justice (ICJ) on August 28 to reject a request by Iran to order the suspension of the sanctions reimposed by President Donald Trump's administration earlier this month. - 8/28/18

Iran Lawmakers Sack Economy Minister In Another Blow To President Rohani

- The Iranian parliament has voted to remove the minister of economic affairs and finance from office, amid mounting discontentment toward President Hassan Rohani's government over a deterioration in the country's economic situation. - 8/27/18

Iran Urges UN Court To Halt 'Economic Aggression' By U.S.

- Iran accused the United States of "economic aggression" as Tehran's legal challenge against renewed sanctions by the United States went before the United Nations' highest court on August 27. Iran filed the case with the International Court of Justice (ICJ) in July, claiming that the sanctions reimposed by the administration of U.S. President Donald Trump breach a decades-old friendship treaty between Washington and Tehran. - 8/27/18

EU Agrees 18 Million Euros In Aid For Iran Amid Efforts To Save Nuclear Deal

- The European Union has agreed 18 million in development aid to Tehran as the 28-nation bloc steps up efforts to blunt the impact of returning American sanctions against Iran and keep it in the multilateral 2015 nuclear deal. - 8/25/18

J.P. Morgan, Citibank unlikely to cut Iran access to markets, report says

- J.P. Morgan and Citibank, two top American financial institutions, are unlikely to commit to cutting Iranian access to international markets, which will add fuel to concerns among US officials about efforts by European states and Tehran's regional allies to mitigate the impact of the new US sanctions ahead of a November 4 implementation deadline, a report says. - 8/25/18

Iran sanctions are unjust and harmful, says UN expert warning against generalized economic war

- Sanctions must be just, and must not lead to the suffering of innocent people, says United Nations Special Rapporteur Idriss Jazairy. "The reimposition of sanctions against Iran after the unilateral withdrawal of the United States from the Iran nuclear deal, which had been unanimously adopted by the Security Council with the support of the US itself, lays bare the illegitimacy of this action," Mr. Jazairy observed. - 8/23/18

Unpaid Workers Arrested at Protests Against Iran's Biggest Sugar Production Company

- Haft Tappeh sugarcane company in southeastern Iran, at least five workers were charged with national security crimes, the Center for Human Rights in Iran (CHRI) has learned. The independent "Iran Kargar" website identified the workers as: Karim Alekasir, Ali Alekasir, Hamzeh Alekasir, Yahya Sa'di and Fares Sa'di. - 8/23/18

British Airways To Suspend Direct Flights To Iran

- British Airways says it will suspend its direct flights to Iran next month as "the operation is currently not commercially viable." The last flight from London to Tehran will be on September 22, with the return the following day, the flagship British carrier said on August 23. - 8/23/18



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