Sunday 17th Feb 2019 

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40 Years of Economic Downfall in Iran

40 Years of Economic Downfall in Iran

By Shahriar Kia

The mullahs in Iran have now celebrated the 40th anniversary of their malign regime, but few ordinary Iranians have anything to rejoice over. There are many problems that have been caused by the Iranian Regime’s corruption and mismanagement, but today, we’re going to look at just one: the economy.

Iran Regime's Growth Predictions Are Fantasy

Iran Regime's Growth Predictions Are Fantasy

By Amir Taghati

The Iranian regime’s Parliament Research Centre published a report on Thursday, January 24, which advised that the Iranian economy will have a negative rate of growth of -4.5 to -5.5 per cent, depending on which economic scenario might happen.

Iran: Currency Redenomination Is Not Going to Resolve Economic Crisis

Iran: Currency Redenomination Is Not Going to Resolve Economic Crisis

By Hamideh Taati

Iran is planning to take measures to ease the economic pressure it is under. Last year, the United States withdrew from the 2015 nuclear agreement and re-imposed sanctions that have had a major effect on the country’s economy.

Iran plans to get rid of four zeros from the rial, making the official exchange rate with USD 4.2 instead of the current 42,000. However, to the ordinary person in Iran, this will make no difference because the rial’s value is much less. Only a few days ago the dollar was trading at 120,000 rial on the black market.

Iran Regime Losing Its Power as Economy Continues Its Decline

Iran Regime Losing Its Power as Economy Continues Its Decline

By Staff Writer

On January 24th, the Majlis, Iran regime’s Parliament, published a report by its Research Center about the economic forecast for the next Iranian year. According to state run Ilna News Agency, the report shows an anticipated negative growth rate of -4.5 to -5.5 percent.

Iran's Housing Industry’s Escalating Prices

Iran's Housing Industry’s Escalating Prices

By Mohammad Sadat Khansari

State-run Tasnim News Agency ran an article last June, entitled, “Hoarding of Homes by Bank-e Maskan: What is the reason behind the keeping of 500 residential home in Urmia?” The article alleged, “It’s been more than 10 years since Bank-e Maskan has blatantly hoarded 500 residential homes in Urmia high-class district in Shora Street and around Urmia University. These residential homes not only have all the necessary needs of any home, but are even equipped with air conditioners, which are among least-priority necessities. But even in this situation, not a single person has been allowed to move in yet.”

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