August 2018
Preliminary Agreement Between the U.S. and Mexico on Revising and Changing NAFTA
The U.S. and Mexico have reached a preliminary agreement to revise NAFTA, pressuring Canada to comply with new trade terms. President Trump has threatened tariffs…
The Fastest Car in the World Introduced by Bugatti in 2018
Bugatti has launched the Divo, the fastest car in the world, priced at six million dollars and lighter than its predecessor, the Chiron. With enhanced…
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%…
Three European Airlines Suspend Flights to Iran
Three major European airlines, British Airways, Air France, and KLM, have suspended flights to Iran due to economic unviability and the impact of U.S. sanctions.…
Iraq to Send Delegation to the U.S. for Exemption from Iran Sanctions
Iraq is seeking an exemption from U.S. sanctions against Iran due to its economic dependence on Iranian imports. The Iraqi government is in a challenging…
From 'Pixelbook' to Galaxy S10's Triple Camera
Google is set to release a new Pixelbook with a 4K display this fall, while Samsung plans to launch the Galaxy S10 featuring a triple…
Turkey's Supreme Court Rejects American Pastor's Request to End House Arrest
Turkey's Supreme Court has denied an American pastor's request to end his house arrest, leading to a significant drop in the value of the Turkish…
Mnuchin: More Sanctions on Turkey If American Pastor Is Not Released
U.S. Treasury Secretary Steven Mnuchin announced potential new sanctions against Turkey if they do not release American pastor Andrew Brunson, whose trial has strained U.S.-Turkey…
The Grand Mistake of Khamenei!
The article discusses a recent speech by Iran's Supreme Leader Ali Khamenei in which he admitted a mistake regarding negotiations with the U.S. It also…
Turkish Ambassador Meets John Bolton at the White House
The Turkish ambassador met with U.S. National Security Advisor John Bolton to discuss the detention of American pastor Andrew Brunson, which has strained U.S.-Turkey relations.…
Abadi: We Only Comply with the Ban on Dollar Transactions with Iran
Iraqi Prime Minister Haider al-Abadi clarified that Iraq will not use the dollar in transactions with Iran but does not intend to fully implement U.S.…
Dollar in Secondary Market at 9,000 Toman, in Free Market at Over 10,000 Toman
The Central Bank of Iran is attempting to stabilize the currency market by introducing a new mechanism for currency demand, following the failure of the…
Samsung's New Flagship Phone Hits the Market
Samsung has released the Galaxy Note 9, which does not significantly differ from its predecessor, the Note 8, and has made only minor optimizations. The…
Erdogan Warns America: Our Relations and Partnership Are at Risk
Turkish President Erdogan warned the U.S. that unilateral actions against Turkey could jeopardize their partnership, prompting Turkey to seek new allies. The Turkish lira has…
Dollar Starts the Week Above 10,500 Tomans
The US dollar began the week in Iran above 10,500 tomans, reflecting ongoing currency instability despite government efforts to control inflation. The official rate remains…
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…
Is There No Cause for Concern as Khamenei Claims?
The article discusses the impact of new sanctions on Iran's economy and the ongoing protests against political and economic instability. Supreme Leader Khamenei's dismissive statement…
Nearly Half a Million Afghan Migrants Return from Iran
Nearly half a million Afghan migrants have returned to Afghanistan from Iran amid Iran's economic crisis and the declining value of the rial. The International…
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…
From 'Back-and-Forth' in Parliament to 'Hemati's Dollar'
The article discusses a radio program that addresses recent unrest in Iran, focusing on economic issues, government actions, and social controversies. Key topics include new…
Dollar Price Rises Above Ten Thousand Tomans Again
The price of the US dollar in Iran's unofficial market has risen above ten thousand tomans again, following the government's announcement of new currency policies…
Karroubi: Reformists Must Show They Truly Care About the People's Pain
Mehdi Karroubi expressed concern for the Iranian people's plight and urged reformists to demonstrate their commitment to addressing these issues. The meeting between former president…
Abadi: Iraq Opposes US Sanctions Against Iran but Complies for Its Own Interests
Iraq's Prime Minister Haider al-Abadi stated that while Iraq opposes US sanctions against Iran, it will comply with them to protect its national interests. This…
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…
World Gold Council: Iranians Purchased 15 Tons of Gold Coins and Bars in Three Months
The World Gold Council reported a significant increase in gold purchases by Iranians, doubling to 15.2 tons in three months due to economic instability and…