Saturday, 1 November , 2025
  • What Does a Very Sick Economy Mean? 21 Oct 2025

    What Does a Very Sick Economy Mean?

    A sick economy means when the rate of money supply growth in any society exceeds the growth of real production of goods and services, demand for goods increases, and as a result, competition for selling at higher prices begins, with everyone trying to take revenge on the customer, who is eager to buy, by offering goods at higher prices. Essentially, liquidity (the volume of money and quasi-money in society) is the driving engine of inflation and price increases.

President Gives Europe Two More Months to Save JCPOA 05 Sep 2019

President Gives Europe Two More Months to Save JCPOA

TEHRAN - President Hassan Rouhani said on Wednesday that a deal with the European parties to the 2015 nuclear deal is not in sight by Thursday (today), and thus the country will soon announce the third phase of reducing its commitments.

President’s Picks for Two Ministries Get Votes of Confidence 04 Sep 2019

President’s Picks for Two Ministries Get Votes of Confidence

TEHRAN – Majlis has given votes of confidence to two ministerial picks introduced by President Hassan Rouhani to the lawmakers for the Ministry of Education and the newly-established Ministry of Cultural Heritage, Tourism, and Handicrafts.

Tehran Warns EU Over Nuclear Commitments 03 Sep 2019

Tehran Warns EU Over Nuclear Commitments

MOSCOW (Dispatches) - Iran said on Monday it would further reduce its commitments under a 2015 nuclear deal if European parties failed to shield Tehran's economy from sanctions reimposed by the United States after Washington quit the accord last year.

Tehran, Islamabad to Sign Extension in IP Gas Line Agreement 02 Sep 2019

Tehran, Islamabad to Sign Extension in IP Gas Line Agreement

ISLAMABAD (Dispatches) - Islamabad and Tehran have extended the Iran-Pakistan (IP) gas line GSPA (gas sales purchase agreement) for next five years till August 26, 2024 through a mutually agreed amendment.

Nahid Satellite Safe and Sound Despite Trump’s Claim 01 Sep 2019

Nahid Satellite Safe and Sound Despite Trump’s Claim

TEHRAN - Iran has shown Nahid 1 (Venus 1) telecommunication satellite to journalists and photographers, refuting U.S. President Donald Trump’s claim of the spacecraft’s failed launch.

Trump Urged to Drop “Economic Terrorism” Before Talks 30 Aug 2019

Trump Urged to Drop “Economic Terrorism” Before Talks

KUALA LUMPUR (Dispatches) -  Iran will not be meeting with the administration of U.S. President Donald Trump unless Washington stops its "economic terrorism" against the Iranian people, Iran's foreign minister says referring to the U.S. leader as the "mentality that wants to buy Greenland".

Forex Reserves in Favorable Condition; Economy “Stable” 29 Aug 2019

Forex Reserves in Favorable Condition; Economy “Stable”

TEHRAN – Governor of Iran’s Central Bank says the forex market has been stabilized and the forex reserves of the country are favorable and the current banknotes’ condition has been unprecedented in the past 6 years.

No Talks With U.S. President Until Sanctions Fully Lifted 28 Aug 2019

No Talks With U.S. President Until Sanctions Fully Lifted

TEHRAN – President Hassan Rouhani says there will be no development in Tehran-Washington relations unless the U.S. lifts its sanctions on Iran as a “first step”.

“Insane Operations” Are Israel’s “Last Step” 27 Aug 2019

“Insane Operations” Are Israel’s “Last Step”

IRGC Quds Force Commander has downplayed the recent Israeli attacks on a number of positions in regional countries, saying the “insane operations” were Tel Aviv’s last struggles.

Zarif in an Unexpected and Dramatic Visit to G7 Summit 26 Aug 2019

Zarif in an Unexpected and Dramatic Visit to G7 Summit

BIARRITZ (Dispatches) - Foreign Minister Mohammad Javad Zarif flew into Biarritz in southern France for the G7 summit on Sunday in an unexpected and dramatic attempt to break a diplomatic deadlock over Tehran's disputed nuclear program.