June 20, 2025 The Islamic Republic’s former nuclear chief says Russia and China both restricted Iran’s ability to expand its nuclear program—which would be quite logical if they were suspicious that Iran might be interested in building…
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Economist Says Biggest Problem For Iranian Economy is State Controls
June 20, 2025
Economist Musa Ghani nejad says the biggest problem plaguing Iran’s economy is its centrally controlled, command-style structure.
Speaking at the “Market Oriented” seminar in Mashhad, Ghani-nejad said,…
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US Stops Turkmen Gas Crossing Iran For Iraq
June 20, 2025
US sanctions have killed an announced plan to send Turkmenistan’s natural gas to Iraq across the Islamic Republic.
PUMPING GAS — Iranian natural gas arrives at
a distribution center near Basra in…Continue Reading
For Umpteenth Time, Auto Privatization Again Killed
June 20, 2025
For the umpteenth time, the government has canceled plans to sell stock in Iran’s two biggest automotive firms, Iran Khodro and Saipa, as a giant part of the national privatization program.
Even before…
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China Oil Buy Drops, But Remains High
June 20, 2025
Iranian oil sales to China plummeted by a quarter in May, according to data from Vortexa Ltd., but still remained quite high when compared to most months since the US abandoned the nuclear deal with Iran in…
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Gov’t Ends Ban Importing Goods Made In Iran
Iran has lifted a five-year-old ban on imports of goods that are also made in Iran, such as home appliances.
The Presidency’s legal department sent a letter to the Ministry of Industry, Mines and Trade (MIMT) saying the…
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Minimum Wage is Boosted 45%
Days before Now Ruz, the Supreme Council of Labor voted to increase the minimum wage in the country by 45% for the calendar year starting March 21.
That raised the minimum wage payable to workers to 103.99 million rials per…
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Banks Must Keep More Money On Hand
The Central Bank has raised the capital requirements for banks in an effort to make the sector more robust and minimize the risk of bank failures.
Central Bank Governor Mohammad-Reza Farzin said May 4 that the capital held…
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Russian Says Iran Watermelons Unsafe
Iran’s Ministry of Agriculture has dismissed complaints against the safety of Iranian watermelons by a member of Russia’s State Duma, who said the gourds are delivered with excessive nitrate residue.
It is the latest…
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Iran Not To Be Self-Sufficient In Wheat This Year
The lack of rain this year’s means Iran’s wheat harvest will be cut by a third—and perhaps as much as half—forcing the regime to pay a small fortune for imported wheat.
That will mean another year in which Iran is not…
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