Along Iraq’s borders, a corrupt customs-evasion cartel is diverting billions of dollars away from state coffers to line the pockets of armed groups, political parties and crooked officials.
While the regime’s Supreme Leader, Ali Khamenei, called the New Persian Year of 1400, the year of “Production, support and removing barriers,” Iran’s economy is on freefall due to the regime’s institutionalized corruption.
Azar Mansouri, a member of former president Mohammad Khatami’s Advisory Board, said: “Giving names to years and disregarding the true requirements has only given these nomenclatures publicity purposes and sometimes yielded reverse results. And the year 1400 ...
The 25-year “comprehensive strategic partnership” between Iran and China is the main news in Iran at the moment. Iran watchers believe the dictatorship in Iran would never make any agreement in favor of its people.
On Tuesday, Reuters reported hat China will receive another large influx of Iranian oil, despite previous threats of sanctions from the Trump administration.
Italian company Nordgas, a producer and seller of components for gas boiler systems and applications, will pay $950,000 for apparent violations of Iran sanctions, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced ...
News from Iran indicates how people are grappling with economic hardships, particularly the skyrocketing prices and inflation. Meanwhile, the state-run media acknowledge how the regime’s economic mismanagement has created Iran’s economic crisis.
China and Iran struck a deal on Saturday that will last for 25 years. On the surface it seems meaningful; in exchange for a steady supply of oil, Beijing agreed to invest $400 billion in Iran, The ...
Iranian officials finalized a 25-year trade deal with China on March 27. A day earlier, Iran’s Foreign Ministry spokesperson Saeed Khatibzadeh acknowledged Chinese Foreign Minister Wang Yi was supposed to sign the deal during his two-day trip ...
For over four decades, Iranian officials have resorted to deceitful methods and fabricated statistics to downplay their economic failures. They have frequently bragged about their financial accomplishments while most of Iran’s population live below the poverty line.
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