News : Economy

By INU Staff

INU - The dire economic conditions in Iran has made the struggle to provide for their families difficult for many ordinary Iranians. Both prices and unemployment continue to rise. While the regime promised economic benefits would follow the lifting of various sanctions via the 2015 nuclear agreement, they have not materialized.

By INU Staff

INU - General Abdollah Abdollahi, who commands Khatam al-Anbia Construction Headquarters, a conglomerate of the Islamic Revolution Guards Corps (IRGC), has dismissed the latest criticism of the organization’s increasing role in the Iranian economy and claims that IRGC companies are undermining the private sector.

By INU Staff

INU - On Wednesday, as the Iranian government tried to contain the decline of the rial, which has lost a quarter of its value in six months, Iranian police arrested around 100 money changers.

By INU Staff

INU - Thursday marked the second annual Euromoney Conference in Paris, which was attended by an Iranian delegation headed by Deputy Foreign Minister Abbas Araqchi. Earlier in the week, Iranian state media touted Araqchi’s planned trip and said that the conference would showcase the “vast economic opportunities” available to European investors in the Islamic Republic. In other words, the event promised to help Tehran push back against pressure from the White House and other critics of the Iranian regime who are trying to forestall European investments and make them conditional upon new agreements over Iran’s behavior in such areas as human rights, regional interference, and missile activities.

By INU Staff

INU - In the debates that preceded Iran’s May 19 presidential “election” last year, all six candidates agreed on that the country’s economy was collapsing.

 by Jazeh Miller

The Supreme Leader of Iranian regime Ali Khamenei, in the aftermath of the recent protests and anti-government demonstrations, is appearing to support the Iranian President’s calls for reducing the IRGC and military’s involvement in the economy.