TEHRAN - Nasrin Ojaghi, Secretary of the Iranian Home Appliances Manufacturers Association, has revealed that nearly 30 percent of household appliances in the market are smuggled, primarily through “te-lenji” traders and sailors. She warned that a recent law allowing border residents to import up to 10 percent of the country’s total imports duty-free or with minimal tariffs poses a serious threat to domestic producers — not only in the home appliance industry but also in the textile sector.

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.

The last episode of the first season of the series “Savushun” just ended, and despite all the controversies and social-media debates, the series managed to captivate a wide audience.

TEHRAN - Members of the Industry Commission of the Iran Chamber of Commerce have expressed serious concern about Iran’s negative economic growth rate amid heightened international tensions, stricter sanctions, and instability in the foreign exchange market.

The Dogharoun border crossing will soon be equipped with a biometric identification system for foreign nationals, the first of its kind among Iran’s border checkpoints.

Persepolis general manager Reza Darvish resigned from his role after about four years in the Iranian top-flight club.

Iran condemned the torture of the Swedish activist Greta Thunberg by the Israeli regime.

TEHRAN - The Director General of the Office for International Specialized Organizations at Iran’s Communications Regulatory Authority (CRA) announced that Iran and the Republic of Azerbaijan have signed an updated frequency coordination protocol to manage mobile network frequencies in their border regions.

Araghchi wrote a message on letter by Iran, China and Russia to UN on illegal nature of snapback.

Abdelatty held separate calls with his Iranian counterpart, the head of the IAEA, and a US envoy to discuss reviving nuclear negotiations and reducing regional tensions, emphasizing the need for a diplomatic solution.