Store owners at Tehran’s Grand Bazaar closed their shops Monday morning, June 25, in protest to the dramatic rise in the rate of exchange of
After years of campaigning by women activists, on June 24 the ban on women driving in Saudi Arabia will be lifted. It is the most
Last month, the Trump administration backed out of the 2015 deal his predecessor made with Iran that traded giving up nuclear ambitions for sanctions relief. The U.S.
I remember vividly when I enter the United States for the first time from Iran in 1973; it was a blustery cold day at the
Some 800 mat-woven products from Khuzestan province were exported for the first time last week to Qatar and the United Arab Emirates. A special plan
Armenia has been competing with neighbor and foe Azerbaijan for Iran’s transit northward into the former Soviet Union. Armenia has welcomed a historic new free-trade
Following our discussion of Europe’s angry response to Trump’s unilateral Iran sanctions, in which European Union budget commissioner, Guenther Oettinger made it clear that Europe will not
Iranians are reportedly investing in gold after the Central Bank of Iran last week issued strict limits on the amount of foreign currency travelers can
On Tuesday, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Valiollah Seif, governor of the Central Bank of Iran (CBI) as a “Specially Designated
Ever since Donald Trump’s announcement that the U.S. would pull out of the Joint Comprehensive Plan of Action (“JCPOA”) with Iran and would unilaterally impose
Washington’s current foreign-policy practice is a bit reminiscent of the golden era of the Ottoman Sublime Porte, in the sense that any visit by a
Iranian oil exports were back up to 2.5 million barrels a day or so last month, similar to the levels common before the US placed severe sanctions
The neoconservative hawks around the US President, notably new National Security head John Bolton and designated Secretary of State Mike Pompeo, are on record that
The agreement will boost oil trade between Moscow and Tehran, and make it easier for Iranian oil to reach international markets. Russia approved on Tuesday a
Iran’s feud with the US is set to get worse after Tehran announced yesterday that it will start reporting foreign currency amounts in euros rather
It’s one of those stories of the century that somehow never gets treated that way. For an astounding 25 of the past 26 years, the
This research article – which is the 4th of 5 separate parts to be published – is intended to explore the living story of a
Tehran announced on Friday the signing of deals for credit lines with European and Asian banks amounting to $55.3 billion, Quds Press has reported. “Developing relations with
Like other Iranian president before him, President Hassan Rouhani is having a bad second term. Only six months after his decisive re-election, protesters were in
Mehdi Kasraeipour, the Central Bank of Iran’s director of foreign exchange rules and policies, said the move is unlikely to meet with resistance. Iran has banned
Despite the significant economic problems Iran faces, and despite the real problems in unequal income distribution, Iran’s economy is seeing bright spots that the Western
In recent times, the United States has increasingly resorted to economic and other sanctions to try getting countries, with governments often referred to as “rogue
France will start offering euro-denominated credits to Iranian buyers of its goods later this year, a move to bolster trade while keeping it outside the
When US president Jimmy Carter described Iran as an ‘island of stability in one of the more troubled areas of the world’ on new year’s
According to Iran’s Deputy Minister of ICT, the ministry is ready to collaborate with the Central Bank of Iran and the National Informatics Corporation to
