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Tehran bans imports of luxury items

Sanction-hit Iran has announced a ban on imports of luxury items-ranging from high-end cars to coffee to toilet paper. Tehran has taken this move to control the flow of money outside the country and to promote domestic products. The increasing

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Analysts on the effects of sanctions imposed against Iran

According to a western diplomat in Iran, western experts have estimated that Iranian state would run out of foreign currency within  six months to a year period of time. And, Iran’s import and exports of goods would become close to

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Analysts on the effects of sanctions imposed against Iran

According to a western diplomat in Iran, western experts have estimated that Iranian state would run out of foreign currency within  six months to a year period of time. And, Iran’s import and exports of goods would become close to

Read More

Analysts on the effects of sanctions imposed against Iran

According to a western diplomat in Iran, western experts have estimated that Iranian state would run out of foreign currency within  six months to a year period of time. And, Iran’s import and exports of goods would become close to

Read More

Analysts on the effects of sanctions imposed against Iran

According to a western diplomat in Iran, western experts have estimated that Iranian state would run out of foreign currency within  six months to a year period of time. And, Iran’s import and exports of goods would become close to

Read More

Iran Rial has lost 1/3 of its value

Protesters took it to the streets, expressing their angers at the plunging of the Rial currency. Foreign exchange dealers, some with license and some without, were lined up on the two sides of the roads. Iranian riot police officers clashed

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Life in Iran–on-nuclear families

IT WAS the first time in 15 months that Iranian envoys had met the five permanent members of the UN Security Council plus Germany. Their talks in Istanbul on April 14th were cordial, though the sole agreement was to carry

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