Browsing All Posts published on »October, 2012«

Iran’s government has no intention of even trying to increase currency exchange rate

October 18, 2012

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Iran’s government has no intention of even trying to increase the rate of exchange in the future, professor at the University of Glasgow Reza Taghizadeh said. “Iranian government has manufactured down fall of the local currencies, in order to deal with other areas of its economic failure, including the low growth of annual product,” Taghizadeh […]

UANI – Iran can be totally isolated from rest of the world in every industry

October 18, 2012

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If the Iranian regime does not change course, the economic pressure on it will become so great that it will be totally isolated from the rest of the world in every industry, UANI (United Against Nuclear Iran group) Communications Director Nathan Carleton said. “The global economy today is such that any industry inside a nation […]

“If sanctions targeted food shipments, Iranians would rally around their regime”

October 13, 2012

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If the imposed on Iran sanctions targeted the food shipments into the country, if the Iranians would feel that the very basics of their lives were under attack and the outcome would be unambiguous – a rallying around the regime, Senior fellow at Nanyang Technological University’s S. Rajaratnam School of International Studies, James M. Dorsey […]

United Against Nuclear Iran group targets Iran’s currency crash

October 9, 2012

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UANI (United Against Nuclear Iran) plans to highlight the current crash of the Iranian rial, which has fallen 80 percent in the last year, and 40 percent in the last week alone, a source in UANI said. Speaking of the latest foreign currency rate jumps in the Islamic Republic, the source in UANI said that […]

Iran seems confident as EU prepares gas import ban

October 9, 2012

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Up until now, Iran has mostly been worried about its oil exports, thanks to numerous sanctions imposed on the country from the U.S., and Europe. Now, it seems like EU is considering imposing a ban on Iran’s gas exports, as part of a set of new measures to ratchet up pressure on the Islamic Republic […]

Expert: Iran’s currency drops in value reflects collapse in confidence

October 7, 2012

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Immediate drop in the value of the rial in Iran reflects a collapse in confidence in the currency as the result of sanctions that have significantly reduced oil revenues, expert James M. Dorsey said recently. Iran’s foreign currency market has become increasingly chaotic over a few recent days. The government officially launched the Iran Forex […]

“Further sanctions on Iran unlikely to impact world gas market”

October 7, 2012

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It is unlikely that further sanctions on Iran would have a major impact on the world gas market, Senior fellow at Nanyang Technological University’s S. Rajaratnam School of International Studies, James M. Dorsey believes. The European Union is poised to ban imports of Iranian gas into Europe as part of its efforts to ratchet up […]