February 2024
Iran's Coordination Council of Teachers' Unions Boycotts 'Mock Elections' of Parliament
The Coordination Council of Teachers' Unions in Iran has announced a boycott of the upcoming parliamentary elections, citing government inefficiency and the lack of accountability…
60% Increase in Men's Shirt Prices; Sales Conducted via Employee Checks
Men's shirt prices have surged by 60% ahead of the new Persian year, leading to reduced demand and domestic production due to declining purchasing power.…
Continued Wage Arrears for 2,700 Workers at Sadra Bushehr: We Haven't Received Our Salaries for Months, No One is Accountable
Around 2,700 workers at Iran Marine Industrial Company (Sadra) in Bushehr have not received their salaries for 3 to 4 months, leading to protests and…
Continued Decline of National Currency Value; Dollar Enters 58,000 Toman Channel
The value of the Iranian national currency continues to decline, with the dollar reaching 58,000 tomans. Experts attribute this trend to US Treasury policies and…
A Government News Agency: The Poverty Line Exceeds 25 Million Tomans
A government report reveals that the poverty line in Iran has exceeded 25 million tomans for a family of four, with significant portions of the…
Secretary-General of 'Workers House': Inflation Will Exceed 50 Percent
Alireza Mohajoub, Secretary-General of 'Workers House', warns that inflation in Iran is set to exceed 50 percent due to high interest rates on bank deposits.…
Potential Challenge in Salary Payments; A Government Official: The Parliament's Resolution Requires 24 Trillion Tomans
The head of the Administrative and Recruitment Organization warns that a proposed 2% salary increase for government employees requires a substantial budget, potentially leading to…
Trump's Victory in South Carolina Primary; Nikki Haley Looks Ahead to 'Super Tuesday'
Donald Trump won the South Carolina Republican primary with about 60% of the votes, defeating Nikki Haley. This victory solidifies Trump's position for a third…
Raisi Sets Records; Inflation Rising Daily, Households Shrinking Daily
Iran's Central Bank reports that inflation is set to exceed 49%, with significant discrepancies in inflation data from different sources indicating economic instability. The rising…
Economists' Predictions for 2024: Economic Recession in Germany Will Continue
Economists predict that Germany will remain in economic recession throughout 2024, with growth expected to drop to 0.2%. This situation is exacerbated by the impact…
France says it shot down two drones fired 'from Yemen'
France's Ministry of Defense reported intercepting and destroying two drones launched from Yemen in the Red Sea. This incident follows a broader EU mission to…
Judiciary Wins from 'Kourosh Company' Fraud; 46 Billion Tomans Cost for Filing Complaints by Victims
The Iranian judiciary is set to gain over 46 billion tomans from complaints filed by 200,000 victims of the 'Kourosh Company' fraud, which is estimated…
Life for Bread; 65% of Workers Earn Less than Minimum Wage, 76% of Injured Workers Were Uninsured
A recent report reveals that 65% of Iranian workers earn less than the minimum wage, and 76% of those injured in workplace accidents were uninsured.…
Economist Warns of Economic Collapse: 60% Inflation Not Unthinkable
An economist warns that inflation in Iran could exceed 60% next year, significantly higher than the government's estimate of 40%. This situation is exacerbated by…
Population Growth in Iran Approaches Zero Amid Declining Quality of Life
Iran's population growth has dropped to 0.6% due to declining quality of life and ineffective government incentives for childbearing. The economic situation has negatively impacted…
Research Report; 'Inflation Record-Breaking' in the Islamic Republic
A report reveals that inflation during Ebrahim Raisi's presidency has reached unprecedented levels, matching the total inflation of the last 15 years of the Shah's…
Shahbaz Sharif Elected Prime Minister of Pakistan in Agreement with Five Parties
Shahbaz Sharif has been elected Prime Minister of Pakistan through a coalition agreement with five parties. This marks his second term, following a period of…
Consequences of Inflation; Workers Without Fixed Salaries Concerned About Wage Justice
As inflation rises in Iran, dissatisfaction among workers, particularly those without fixed salaries, is growing regarding wage justice. Labor activists highlight that employers exploit legal…
Valentine's Day and the Re-emergence of Class Divide; A 73 Million Toman Bear in Tehran
Iranian media highlights the stark class divide evident in the Valentine's Day market, where a bear can cost 73 million tomans amid widespread poverty. This…
The Hidden Consequences of Inflation; After Meat and Nuts on Installments, 'Clothing on Installments' Arrives in the Pre-New Year Market
As inflation continues to rise in Iran, various sectors are now offering essential goods like clothing on installment plans, reflecting the economic strain on households.…
20% Wage Increase for Workers Confirmed; Guardian Council Approves Salary Increase for Employees and Pensioners
The Guardian Council has approved a 20% wage increase for employees and pensioners, but labor activists argue that this is insufficient compared to the rising…
Prices Rise Again; 2% Increase in Housing Inflation in December
The housing market in Tehran has seen a 2% inflation increase in December 2023, with average prices reaching over 80 million tomans. Many low-income households…
Sectors and Industries Are Losing Workforce; 50% of Workers Have Informal Jobs
The Iranian labor market is facing a crisis as half of the employed population holds informal jobs, indicating a significant issue in job quality and…
Biden Criticizes Food Companies in the U.S. for Shrinking Product Sizes
President Biden criticized U.S. snack manufacturers for engaging in 'shrinkflation,' where product sizes are reduced to maintain prices. He urged companies to stop this practice,…
Iran's Economy on the Path to Food Rationing; Increased Dependence on Imports and a $3.7 Billion Currency Reserve Deficit
Iran is facing a severe food supply crisis with a reported $3.7 billion deficit in currency reserves for essential imports, alongside a 20% increase in…
The Sound of Nowruz in the Market; Pistachio Prices Exceed One Million Tomans
Pistachio prices in Iran have surged past one million tomans due to rising dollar rates ahead of Nowruz. This increase reflects broader inflationary trends affecting…
The Head of 'IRIB' Also Rejects Minimum Wage; Jabali: We Pay Based on Inflation, Not the 20% Legal Increase
Peyman Jabali, the head of IRIB, announced that the organization will not follow the legal budget increase of 20% for wages, opting instead to pay…
Housing Rental Crisis in Tehran; Hot Market for Single Rooms, 10 Square Meters for 3 Million Rent with Deposit
Tehran's rental market is facing a severe crisis with skyrocketing prices for small rooms, reflecting broader economic issues in Iran. Despite promises from the government…