Price Surge in Iran’s Automotive Market

Simultaneously with the continued turmoil in the currency exchange rate in Iran, the prices of both domestic and foreign cars in the country have risen, with reports indicating an increase in the prices of imported

Iran joins BRICS group formally in 2024

At the recent BRICS meeting, which took place in Durban, South Africa, early in December, Sooklal underlined —referring to the attendance of high-ranking representatives of Iran, Saudi Arabia, the United Arab

Iran’s Chief Banker Denies Currency Crisis

Iran denies challenges in obtaining foreign currency, contradicting tangible signs of shortages of vital imports in the Iranian market and a plummeting rial. Amid the government's faltering attempts to assert control

Iran’s Pension Funds Crisis

Iran’s pension funds are confronting a critical juncture, presenting the regime with a daunting decision-making challenge. The options on the table—either raising the retirement age or merging pension funds—come

Iran Printing Huge Sums Of Money Amid Rising Inflation

Iran’s former chief banker says the government has printed about $5.6 billion worth of national currency in the past year, aggravating the country’s inflation rate. Abdolnaser Hemmati, the former governor of