News : Economy

Figures show mounting evidence of Iran's collapsing economy

INU- The latest figures on unemployment and mounting factory closures across Iran have revealed more evidence of the regime's collapsing economy.
There are currently more than 8,000 medical GPs out of work and 10,500 not even registered in the system, the president of Medical Council of Iran told the Sharq newspaper on May 15.

U.S. bill calls for increased US oil production to displace Iranian oil

The Hill - Sen. James Inhofe (R-Okla.) will introduce legislation Wednesday calling for increased drilling on U.S. federal lands to displace Iranian oil on the world market, according to a copy of the bill obtained by The Hill.
The bill requires the president to establish enough “Iranian Oil Replacement Zones” on federal lands to produce 1.25 million barrels of oil per day — approximately the amount Iran exports every day.

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