Economy &amp; Sanctions

Construction of $570 Million Solar Power Plant in Iran Halted 'Due to Sanctions'

The British company Kirkos has halted the construction of a $570 million solar power plant in Iran due to the re-imposition of U.S. sanctions, which…

Assessment of Two Investment Funds: 'Oil at $150' Amid Iran Sanctions

Major investment funds predict that oil prices could rise to $150 per barrel due to U.S. sanctions on Iran's energy sector. This forecast comes amid…

Daily Inflation Burdens Iranian Households

Iran is experiencing daily inflation, with significant increases in the prices of basic goods and housing rents, leading to a decline in purchasing power for…

Iranian Police Announce Summoning of 850 Individuals in Connection with 'Gold and Currency Market Violations'

Iranian police have summoned 850 individuals in connection with violations in the gold and currency markets amid ongoing economic turmoil. The government attributes these issues…

The U.S. Sanctions Leader of Bahraini Group 'Saraya al-Ashter'

The U.S. has sanctioned Qasim Abdullah Ali Ahmad, the leader of the Bahraini group Saraya al-Ashter, for providing resources for terrorist activities against the Bahraini…

Trump Signs $716 Billion U.S. Military Budget

Donald Trump has signed a $716 billion military budget that increases military salaries and modernizes defense capabilities, particularly against threats from Iran and North Korea.…

Radio Farda Aug 13, 2018

OPEC: Iran's Oil Production Decreased for the Second Consecutive Month

Iran's oil production has decreased for the second consecutive month following the U.S. withdrawal from the nuclear deal, with significant reductions reported in June and…

Radio Farda Aug 13, 2018

Is the Establishment of Gallows the Solution to the Economic Crisis?

Ayatollah Khamenei has approved the establishment of a new court branch to expedite the prosecution of economic offenders, raising concerns about potential executions as a…

Radio Farda Aug 12, 2018

Introduction of Successor to Detained Currency Deputy of Iran's Central Bank

Gholamreza Panahi has been appointed as the acting head of the currency department of Iran's Central Bank following the arrest of Ahmad Iraqi. This change…

Radio Farda Aug 12, 2018

Issuance of Indictments for 25 Special Cases of Economic Corruption

The Iranian judiciary has announced indictments for 25 cases of economic corruption following a decree from the Supreme Leader to expedite trials for economic offenders.…

Radio Farda Aug 11, 2018

Khamenei Approves Special Court for 'Economic Corruptors' Without Right to Appeal

Ayatollah Khamenei has approved the establishment of a special court for economic corruptors, which will not allow appeals against its rulings, contradicting existing judicial laws.…

Radio Farda Aug 11, 2018

Return of Sanctions; Who is the Target?

Donald Trump has reinstated sanctions against Iran, targeting various sectors including automotive, gold trade, and energy. Iranian President Hassan Rouhani has responded by stating that…

Radio Farda Aug 10, 2018

Member of Parliament: The Fate of $9 Billion in Currency is Unclear; Central Bank: It is Clear

A member of the Iranian Parliament raised concerns about the unclear fate of $9 billion in official currency, prompting a response from the Central Bank…

Radio Farda Aug 10, 2018

Turkey's Currency Collapse; Erdogan Urges Citizens to Convert Gold, Euros, and Dollars to Lira

Turkey's lira has sharply declined following U.S. tariff increases, prompting President Erdogan to call for citizens to convert foreign currency into lira. The economic crisis…

Radio Farda Aug 10, 2018

Iran's Reaction to the OIC Statement on Attacks on Saudi Oil Tankers

Iran condemned the OIC's statement regarding Houthi attacks on Saudi oil tankers, calling it biased and aimed at diverting attention from the actions of aggressor…

Swiss Government Advises Companies to Continue Trade Relations with Iran

The Swiss government has advised its companies to maintain trade relations with Iran despite U.S. sanctions, emphasizing the importance of economic ties. This comes amid…

North Korea Protests Continuation of US Sanctions

North Korea has accused the US of continuing sanctions despite its goodwill gestures and warned that no progress on denuclearization can be made if the…

Sadeqi Criticizes Iraq's 'Compliance' with US Sanctions Against Iran

Mahmoud Sadeqi criticized Iraq's compliance with US sanctions against Iran, highlighting Iraq's debt to Iran for war damages. The situation is complicated by Iraq's electricity…

Despite Political Disputes, Saudi Oil Exports to Canada Will Continue

Saudi Arabia's Energy Minister stated that oil exports to Canada will continue despite political tensions following Canada's calls for the release of women's rights activists.…

China and Germany Defend Their Trade Relations with Iran

China and Germany have publicly defended their trade relations with Iran despite U.S. sanctions imposed by President Trump. Khamenei reassured that Iran is not worried…

Iran's UN Representative: US Sanctions Violate International Law

Iran's UN representative condemned US sanctions as violations of international law and called for global resistance against such actions. The article highlights the implications of…

Tehran Prosecutor: Imprisonment and Execution Await Criminals in Currency Cases

The Tehran prosecutor has issued severe warnings to companies misusing government-subsidized currency for imports, threatening long prison sentences or even execution for violators. This crackdown…

Pompeo's Renewed Call to U.S. Allies to Join Iran Sanctions

U.S. Secretary of State Mike Pompeo has called on allies to join in sanctions against Iran, labeling the regime as a threat to global peace.…