Following week-long political, social and economic unrests in Iran due to the hike in gasoline price, significant amount of public properties were demolished

U.S. crippling sanctions followed later by Europe’s breach of obligations towards the JCPOA and disgracing itself  for being untrustable have not only failed in crippling Iran but also they have opened a window towards  the light for economic recovery for Iranians.

The Supreme Council of Economic Coordination said Sat. that the government apparatuses will fully cooperate in implementing fuel consumption management, adding that the needy will be paid monthly on a regular basis.

TEHRAN - President Hassan Rouhani says that discord and division are what the U.S. wants, adding that the country should not allow the U.S.’ wishes to be reflected by a few.

Finance and Economic Affairs Farhad Dejpasand said yesterday that if Iran is blacklisted by the Financial Action Task Force (FATF), it will difficult to be delisted.

Iran’s heavy crude oil price jumped $2.09 in the week ended on October 5 to cross $80 per barrel. Iranian heavy oil prices surged to $80.86 in the mentioned week, Shana reported on Saturday. The prices experienced a $27.59 increase in comparison to the figures for last year’s same period of time. The rise in […]

 Tehran Stock Exchange (TSE)’s main index (TEDPIX) gained 3,058.12 points or 1.97% on Saturday to end trading at 158,119.2. About 4.16 billion shares valued at $120.88 million changed hands at TSE for the day. The index added 3,000 points to reach 158,000. On the same day, IFX, the main index of Iran’s over-the-counter (OTC) market, […]

 “Government has prepared five new packages and 12 programs to tackle the current economic conditions and is ready to brief the parliament members about them,” government spokesman Mohammad-Baqer Nobakht announced addressing the parliament on Wednesday, IRNA reported. Some 300 trillion rials (about $7.1 billion) of budget has been allocated for implementation of these strategies, according […]

The 5th meeting of Assembly of Experts was held on Tuesday morning chaired by Ayatollah Ahmad Jannati. Reviewing the nation’s current livelihood status and the economic situation was put atop agenda of the meeting. The meeting was attended by Judiciary Chief Ayatollah Sadegh Amoli Larijani and Parliament Speaker Ali Larijani. President Rouhani was absent at the meeting […]

The first public court trial of individuals involved in major economic corruption cases in Iran was held on Saturday, with name of defendants released after Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei’s recent letter to the Judiciary chief. In one of the court hearings, prime suspect Hamid Baqeri Darmani was on trial for […]