August 2018
Iran Breaks 20-Year Inflation Record
Iran's inflation rate has reached unprecedented levels, with a monthly inflation rate of 5.5% and a point-to-point inflation rate of 24.2% in August. The surge…
Record-breaking Cinema Sales Amid Iran's Poor Economic Conditions
The film "Hezarpa" has broken sales records in Iranian cinema, becoming the highest-grossing film despite the country's economic difficulties. With nearly 3 million viewers, it…
Venezuelan Migrant Crisis; Emergency Situation in Peru, Deployment of Brazilian Army to the Border
Brazil has deployed military forces to its border with Venezuela due to the influx of Venezuelan migrants escaping a humanitarian crisis, while Peru has declared…
Inflation in Iran Increases by One Percent in August; Point-to-Point Inflation Approaches 20 Percent
Iran's inflation rate has increased to 9.7% in August, with point-to-point inflation nearing 20%. Economists warn of severe inflationary pressures, predicting inflation could reach 25%…
United Nations: 2.3 Million People Have Fled Venezuela
The UN reports that 2.3 million Venezuelans have fled their country due to severe economic crises, including food shortages and malnutrition. Nicolás Maduro blames Western…
Decline in Turkish Currency and Stock Market After US Sanctions
Following US sanctions on two Turkish ministers, the Turkish lira and stock market experienced significant declines. The sanctions were imposed in response to the detention…