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News: Iran Economy

Iran Regime’s New Budget Will Exacerbate Inflation

Iran Regime’s New Budget Will Exacerbate Inflation
Iran's new budget bill reflects the crisis and economic collapse of the regime.

In his proposed budget for the upcoming Iranian calendar year, the Iranian regime’s president, Hassan Rouhani, has used the exchange rate of 42,000 rials per U.S. dollar for calculating the income from imports of essential products and medicines. According to the government’s spokesperson, around $10 billion of presumed oil revenue is allocated to these imports.

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U.S. State Department Warns Exporters of Metals Products to Avoid Iran's Regime

U.S. State Department Iran's steel industry
U.S. State Department Warns Exporters of Metals Products to Avoid Iran's Regime

The United States Department of State has published an advisory to alert persons globally to the U.S. sanctions risks for parties involved in transfers or exports to Iran of graphite electrodes and needle coke, which are essential materials for the Iranian regime’s steel industry.   

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The Black Hole of Corruption and Embezzlement in Iran’s Regime

The Black Hole of Corruption and Embezzlement in Iran’s Regime
Institutionalized corruption and embezzlement have an inextricable link with the mullahs' dictatorship in Iran

Institutionalized corruption and embezzlement have an inextricable link with the mullahs' dictatorship in Iran. However, what is new is the courageous uprising of the Iranian youth, which has made the regime's internal factions, in awe of the people's rage, expose each other's looting and point to the other faction as the cause of corruption.

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Brian Hook: Iran Has Spent Over $16 Billion Supporting Assad and Proxies in Syria and Iraq

Brian Hook: Iran Has Spent Over $16 Billion Supporting Assad and Proxies in Syria and Iraq
Brian Hook- The U.S. Special Representative for Iran- Brian Hook, overseas the United States State Department’s “Iran Action Group”

Brian Hook, the head of the United States State Department’s “Iran Action Group,” once again underlined Washington’s determination in continuing sanctions against Iran’s regime, in order to bring it to the negotiation table.

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