News : Economy

By INU Staff

INU - Two Iranian newspapers publications have shut down this past month. Declining readership and increased printing costs are being blamed.

The most recent dailies to be hit are the reformist daily, Hambastegi (Solidarity), affiliated with the political party of the same name, and the conservative daily, Sobh-e No (The New Morning), linked to former Tehran Mayor Mohammad Baqer Qalibaf.

By INU Staff

INU - In and Statement issued yesterday by the main Iranian opposition NCRI Caspian Sea Treaty, was vehemently condemned and referred to as given away solution to Mullahs existence.

By INU Staff

INU - Banks play a crucial role in improving economic growth by aggregating small deposits into large loans to fund economic and production units. In Iran, under the current regime, though, banks themselves have become a challenge to the economy.

By INU Staff

INU - Record numbers of Afghans have returned home from Iran this year, either by choice or by deportation, as a result of Iran’s current economic crisis.

So far in 2018, 442,344 Afghans have left Iran – more than double the number from the same period last year according to the International Organization for Migration (IOM) – and this number is only expected to rise as US sanctions against Iran come fully into force.

By INU Staff

INU - Donald Trump has upped the pressure on Iran by warning the EU that if they ignore US sanctions and continue to do business with the Iranian Regime, then they will be cut off from the US markets.

He explained that he would fully enforce the sanctions, which are being reimposed following the US withdrawal from the Iran nuclear deal, in an early morning tweet on Wednesday.

By Mahmoud Hakamian

The economic crisis in Iran is reaching a critical point. The people are taking to the streets in protest and the regime has responded by carrying out dozens of arrests. Many of those arrested were charged with “economic disruption”.

Protesters in the city of Isfahan were calling on the regime to stop interfering in neighbouring countries. Also, shopkeepers and workers took to the streets to protest about the decline in the national currency, the rial.