Browsing All Posts filed under »iran economy«

“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 […]

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 […]

Iran should yearly invest from $5 to $8 billion into new drilling wells

September 15, 2012

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Iran should be investing from $5 million to $8 million into drilling new oil wells, professor at the University of Glasgow and expert on nuclear issues Reza Taghizadeh believes. The expert was commenting on the continious decline of Iran’s oil production. Today, Iran is facing extreme international pressure because of its nuclear program, and the […]

“Major countries may offer Egypt more foreign aid to keep it from aligning with Iran”

September 11, 2012

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Iran is incapable of keeping the Egyptian economy afloat, American Enterprise Institute Research Fellow Ali Alfoneh said. Egyptian Al-Ahram newspaper cited country’s Oil Minister Osama Kamal that Egypt has “no objection” towards bying and refining Iranian oil. “Having no objections in practice means that Egypt desires Iranian oil for free,” Alfoneh said. “This is an […]

Iran exported 2.6 million tons of oil products since March 2010

August 27, 2012

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Since March 2010, Iran has exported some 2.64 million tons of fuel, including jet fuel, gasoline, diesel oil, kerosene and liquefied gas, Mehr News Agency reported. With inaugurating new development plans in domestic refineries, Iran has managed to diversify its basket of oil products so that the country is currently exporting jet fuel, gasoline, diesel […]

Inflation in Iran rising up, so do prices on goods

August 16, 2012

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Inflation is Iran is rising up, according to a report of country’s Statistics committee, Tabnak newspaper reported. The report submitted to Iran’s parliament says the inflation in the country has risen up by 0,3 percent in July 2012, reaching 26,2 percent compared to 25,9 percent of the same month of last year. The report says […]

Iranians blame political leadership for country’s economic problems

August 15, 2012

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Today the Iranian public blames the political leadership of the Islamic Republic for the economic problems that exist in the country, American Enterprise Institute Research Fellow Ali Alfoneh believes. Not long ago Member of Iranian parliament’s economic commission Arslanan Fathipour said Iran might be implementing the electronic discount cards for emergency first products. Fathipour said […]

“Smart decision for Iran to try relying less on oil revenues”

August 13, 2012

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The decision to move away from the sale of crude as the main source of export earning of Iran is the right choice in the medium and long term, EU economic advisor Mehrdad Emadi said. Iran has been trying to pay attention to its non-oil sector, and reduce the heavy dependance on oil revenues. ” […]

Iran plans to issue electronic coupons for emergency first foods

August 13, 2012

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Iran might be implementing the electronic discount cards for emergency first products,Member of Iranian parliament’s economic commission Arslanan Fathipour said, Iran’s “Dunyaye Eqtesad” newspaper reported. Fathipour said that given the today’s economic situation in the country, and the imposed international sanctions, the coupons must be brought back in the shape of electronic coupons. This would […]

Iran can face businesses’ bankruptcy, higher level unemployment

August 11, 2012

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Iran can soon find itself facing closure and bankruptcy of manufacturing and agriculture businesses, EU economic advisor Mehrdad Emadi said. The advisor was commenting on Iran’s move to implement the “economy of resistance”, as part of country’s strategy to tackle the international sanctions. Emadi added that another downside of the “economy of resistance” that Iran […]