Banking Restrictions for Iranians in China and Malaysia

NCRI Staff

NCRI - Reports indicate that bank restrictions for Iranians in China and Malaysia and the closure of a number of their bank accounts have started in these two countries.

"China has been restricting its banking ties with us for weeks," Ali Shariati, a member of Iran's Chamber of Commerce told state-run ILNA news agency on Tuesday, November 14. “Especially with Trump’s trip to the country, this trend has intensified, but in Malaysia, the banks have announced a few days ago to some Iranian businessmen and even Iranian students that they cannot provide them with banking services.”

“Lack of Transparency Is the Black Hole of Iran Regime's Budget”

NCRI Staff

NCRI - Head of the Iranian regime’s Court of Audit says that unlike Iran, in no place in the world, the amount of government debt is “confidential”; the country's budget balance in 2016 has reached negative 61 thousand, and "disorderliness and lack of transparency" are the "black hole" of Iran's budget.

According to the state-run Tasnim news agency affiliated to terrorist Quds force on Monday, November 13, Adel Azar announced the issue at a public session of parliament, and said: “One of the key indicators of the budget is its operational level. In 2011, this level was 28 thousand negatives and in in 2016, it was 61 thousand negatives showing that we have to sell the assets and resources of the country, which are oil and companies, to provide the necessary money.”

World-Class Banks Refuse to Cooperate With Iran

NCRI Staff

NCRI - A member of the Iranian regime’s Money and Credit Council has reported that major banks are refusing to cooperate with the regime, and due to lack of transparency, the conditions for the connection of Iranian banks with the world-class banks are not provided.

According to the state-run Tasnim news agency affiliated to terrorist Quds force, Bahman Abdollahi said on Saturday, November 11, 2017: “The predictions made to achieve Iran's economic and banking relations after the nuclear deal are not correct, and the first-class major banks in the world refuse to cooperate with Iran. One of the reasons for this lack of cooperation is the lack of transparency of financial accounts of Iranian banks.”

Iran's Oil Exports to Europe Down by Another 39%

NCRI Staff

NCRI - The state-run Fars news agency affiliated to IRGC published the news on 39% reduction in Iranian regime’s oil export to Europe and blaming the United States for the fall in the regime’s oil export and wrote: “Iran's oil sales to Europe have fallen because of the U.S. threats, and Europeans are still planning to reduce their purchases of oil from Iran despite the JCPOA agreement.

Iran's total crude oil and condensate exports in October will drop by about a fifth to a month earlier this month, reaching the lowest figure in the past 19 months, according to international news agencies.

Why Is Iran Regime Hiding Information on Dams?

NCRI Staff

NCRI - A London-based human rights organization, which focuses on the Middle East has found that the data for hundreds of Iranian dams is missing.

Small Media found that out of over 1,000 dams listed on the Iranian Energy Ministry’s online database, only about 100 had complete profiles. This means that for hundreds of other dams across Iran, it is unclear who is in charge of them, whether they are still active, and their start and end dates.

Destructive Imports by State Entities Drive Iran's Industry Into Bankruptcy

NCRI Staff

NCRI - According to Iranian regime’s official figures, more than $50 billion worth of goods are imported to Iran each year, added by yet another $17-25 billion worth of contraband annually smuggled into the country.

The latest figures released by Iran Customs Administration show that Iran imports in the first six months of the year have increased 15 percent to $23.5 billion, while non-oil exports have dropped three percent during this period.

Iran: Crisis of Student Kolbars (Porters)

NCRI Staff

NCRI - A member of the Iranian regime's parliament, referring to what he calls “Crisis of Student Kolbar (Porters)”, said that 75,000 people in Iran involved in porterage, some of whom are students who are being killed during porterage.

Rassoul Khezri in an interview with a state-run news agency on October 28 said that students in western provinces of Iran are involved in porterage. “We are facing crisis of student porters and loss of their lives,” he added.

Iran: 400 Thousand Tons of Contaminated Rice Imported Annually by Regime Affiliates

NCRI Staff

NCRI - The deputy head of the healthcare committee of the Iranian regime's parliament says that “400,000 tons of rice” is imported into Iran by “specific people,” a significant portion of which is contaminated with “arsenic.”

The state-run Tasnim news agency affiliated to terrorist Quds force, quoting Mohammad Hossein Ghorbani on Tuesday, October 24, stated that “Iran is forced to import about 1.2 million tons of rice annually for domestic consumption.”

Boeing's Landmark Deal With Iran Regime in Jeopardy

NCRI Staff

NCRI - The Iran nuclear deal paved the way for U.S. aerospace corporation Boeing to make a deal with Iran's state-controlled airline, Iran Air. However, Trump's recent decision to decertify Iran’s compliance with the nuclear agreement has prompted a shift in thinking on the landmark deal between Boeing and Iran Air. Special licenses from the Treasury Department are needed to move forward, according to U.S. officials and those in Congress who are familiar with the shift in thinking on the issue.

Iran news in brief

Iran: Tehran's Iconic High-Rise (Plasco Building) Collapsed Due to Fire

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