February 2024
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.…
US Dollar Increased by 900 Tomans in One Day: Entering the 59,000 Tomans Channel
The US dollar price in Iran surged by 900 tomans in one day, crossing the 59,000 tomans mark, attributed to government policies. This increase has…
Slovakia: Several NATO and EU Members Considering Sending Troops to Ukraine
Slovak Prime Minister Robert Fico announced that some NATO and EU countries are considering sending troops to Ukraine, although Slovakia will not participate. This meeting…
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…
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.…
Some Steel Workers in Ahvaz Banned from Entering Company
Workers at the National Steel Group in Ahvaz have been banned from entering the company following protests over wage issues and working conditions. The protests…
Fluctuations in the Currency Market Continue; Dollar Enters the 57,000 Toman Channel
The Iranian currency market continues to experience fluctuations, with the dollar reaching 57,150 tomans. Experts attribute these changes to Central Bank policies and external pressures…
Pilgrims to Mecca Will Become 'Hajis' with a 39,000 Toman Dollar
The Iranian government has set the exchange rate for Hajj expenses at 39,000 tomans, raising concerns among critics who argue this creates a significant rent…
Gradual and Steady Increase in Currency Prices, Dollar Returns Above 56 Thousand Tomans
The dollar's price has risen above 56,000 tomans, experiencing significant fluctuations recently. Experts attribute this to the Central Bank's policies and external pressures, particularly from…
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.…
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…
US Military Official: We Have Enough Funding to Continue F-16 Flight Training for Ukrainian Pilots
The US National Guard has confirmed it has enough funding to continue training Ukrainian pilots on F-16 fighter jets despite overall budget constraints for military…
Clashes in Pakistan's Balochistan; 24 Militants Killed
The Pakistani army has killed 24 militants in Balochistan ahead of upcoming general elections, with recent violence raising security concerns. The Baloch Liberation Army claimed…
Gas Consumption Alarm Sounds; Gas Supply Far Off; Gas Cutoff Very Close
Iran is facing a gas consumption crisis as daily usage has surpassed 70% of production due to a drop in temperatures. Government officials are urging…
Hungary Aligns with the European Union: Ukraine Receives $54 Billion in Financial Aid
EU leaders have agreed to provide Ukraine with a significant financial aid package after overcoming Hungary's objections. This decision highlights the ongoing tensions within the…