Browsing All Posts filed under »iran economy«

Possible new sanctions on Iran not to significantly affect nuclear talks – expert

March 6, 2013

0

The possible new sanctions on Iran not going to have an immediate impact, Senior fellow at Nanyang Technological University’s S. Rajaratnam School of International Studies, James M. Dorsey said. The expert was commenting on the possibility of new sanctions on Iran from the U.S. side taking place. Meanwhile, Gen. James Mattis, head of U.S. Central […]

Expert: Many in Iran feel safer keeping cash in gold, US dollars

February 22, 2013

0

While there is a substantial amount of cash in Iran, many feel it is safer kept in gold and dollars, Senior fellow at Nanyang Technological University’s S. Rajaratnam School of International Studies, James M. Dorsey believes. The expert was commenting on the fluctuations of currencies at Iranian markets. Recently Iran has arrested several people charged […]

Iran discovers new natural gas reserves

January 18, 2013

0

Iran has discovered new reserves of natural gas, Iranian Central Oilfields Company Managing Director Mehdi Fakour said, Mehr reported. Without revealing any details, Fakour noted, that the reserves were discovered in North-East of Iran. He added that until September 2013, Iran will continue the exploration study of the newly discovered resources. According to BP’s annual […]

3 ways for Iran’s government to increase its revenues

December 25, 2012

0

There are three ways, through which Iran's government could increase its revenues.

Major problems for Iran’s next year budget revealed

December 17, 2012

0

The deficit for the next year’s budget, and establishment of the budget itself are the biggest concerns right now for the Iranian government, and the parliament as well. Not long ago, Vice President for Strategic Planning, Behrouz Moradi said that the budget deficit has been chronic in Iran, adding that there will be deficits and […]

Iran’s banking system sinking in bad loans…

December 8, 2012

0

Today, Iran’s banking system, day by day is sinking in bad loans, that seem to continue to pile up, as the time goes on. The “Ticarete Farda” newspaper recently reported that after Mahmoud Ahmadinejad became president in 2005, the amount of bad loans rose by $57 billion in the last 7,5 years. The newspaper compared […]

Iran threatens to cut gas to domestic consumers

November 29, 2012

0

Iran has issued a warning, regarding the domestic gas consumption, IRIB News reported. Managing Director of National Iranian Gas Company Jawad Owji said this year the highest gas consumption in the country has been recorded, and urged people to use gas more efficiently. Owji issued a warning to gas consumers, noting that the government has […]

4 reasons why Afghanistan and Iraq are main destination points for Iran’s exports

November 26, 2012

0

Since 2011, the international sanctions against Iran’s oil and gas sector have intensified. This led to Iran, as the country that heavily relies on oil exports, to review its policies, and pay more attention to its non-oil sector. Iran has mostly been earning revenue via its oil exports. In order to maintain its imports, the […]

“Iran must be ready to listen to foreign experts who can help it lower inflation down” – expert

November 26, 2012

0

Iran has to be ready to listen to foreign experts that can offer valuable advice on how the country could stabilize its currency rate and lower inflation, but it should be ready to heed the councel, U.S. Northeastern University Professor Kamran Dadkhah believes. Dadkhah was commenting on the possible options for Iran to deal with […]

“Iran has enough gas for domestic demand, yet may face problems with export”

November 24, 2012

0

Having world’s second largest gas reserves in the world, Iran has the potential to satisfy the domestic demand and at the same time export considerable amount of gas to other countries, U.S. Northeastern University Professor Kamran Dadkhah believes. Dadkhah was commenting on how Iran would be dealing with its domestic gas consumption and exports, with […]

“Iran’s possible inflation rate drop doesn’t change the picture”

November 23, 2012

0

It is possible that Iran’s current inflation rate will fall, yet it doesn’t really change the overall picture, Senior fellow at Nanyang Technological University’s S. Rajaratnam School of International Studies, James M. Dorsey believes. Commenting on the possibility of Iran reducing its inflation rate next year, the expert said that it still is a clear […]

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

October 18, 2012

0

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 […]