Thursday, 30 October , 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.

Forex Market Stable Despite U.S. Toughest Sanctions 16 Jul 2019

Forex Market Stable Despite U.S. Toughest Sanctions

TEHRAN – Governor of Iran’s Central Bank (CBI) says the bank has managed to surmount  the toughest sanctions and economic pressures which have been imposed by the U.S. since last year and has passed it.

Iran Foreign Debts Reduced by 25% Despite Sanctions 15 Jul 2019

Iran Foreign Debts Reduced by 25% Despite Sanctions

TEHRAN - President Hassan Rouhani says the White House lies about Iranian nation’s “regression” and the collapse of the country’s economy under the current sanctions.

No Necessity for Paris Agreement in Iran 14 Jul 2019

No Necessity for Paris Agreement in Iran

TEHRAN – Judiciary Chief Hojatoleslam Seyed Ebrahim Raeisi said the country’s own strategies suffice for the protection of environment and obviate the need for foreign treaties such as the Paris Agreement.

Tehran, Muscat Review Trade and Transport Ties 13 Jul 2019

Tehran, Muscat Review Trade and Transport Ties

TEHRAN – Iran’s Minister of Industry, Mine and Trade Reza Rahmani during his visit to Oman on Wednesday met Omani officials and reviewed trade and transport ties.

Iran’s Strategy on Gradual Cuts on JCPOA “Unchangeable” 11 Jul 2019

Iran’s Strategy on Gradual Cuts on JCPOA “Unchangeable”

TEHRAN - Secretary of Iran's Supreme National Security Council, Ali Shamkhani said that gradual reduction of commitments to the nuclear deal is an unchangeable strategy of Iran.

General Warns of Due Response to UK Tanker Seizure 10 Jul 2019

General Warns of Due Response to UK Tanker Seizure

 TEHRAN - Chief of Staff of the Iranian Armed Forces Major General Mohammad Baqeri has warned that the Islamic Republic will respond to the UK’s seizure of an Iranian oil tanker in Gibraltar in due time.

Jahangiri Says Iran’s Patience Has a Limit 09 Jul 2019

Jahangiri Says Iran’s Patience Has a Limit

TEHRAN - First Vice President Es'haq Jahangiri said on Monday that Iran stayed in the nuclear deal one year-long after U.S. withdrawal, adding that any patience wears thin someday.

Tehran Starts Enriching Uranium Beyond 3.67% Level 08 Jul 2019

Tehran Starts Enriching Uranium Beyond 3.67% Level

TEHRAN - Iran on Sunday officially announced the beginning of the second phase of the reduction of its commitments under the Iran nuclear deal, boosting the level of its uranium enrichment to a level beyond the 3.67% limit set by the JCPOA.

People Unhappy With Unfair Distribution System 07 Jul 2019

People Unhappy With Unfair Distribution System

TEHRAN – Minister of Cooperatives, Labour and Social Welfare says although essential goods are imported with subsidized foreign currency at the rate of 42,000 rials per dollar but they are distributed in the market with forex at the rate of 50,000 tomans per dollar and people are right to be unhappy with the government.

Iran, Pakistan After Barter Trade Deals’ Mechanism 06 Jul 2019

Iran, Pakistan After Barter Trade Deals’ Mechanism

TEHRAN - Pakistan and Iran on Thursday discussed ways and means to enter into barter trade deal, besides removal of non-trade barriers.