Sunday 24th Jun 2018 

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Iran Economy: Situation Worsens

Iran Economy-Situation Worsens

By Staff Writer

The Iranian economy is in an extremely delicate position. The situation is getting even more fragile by the re-imposition of the United States sanctions on Iran.

A report was published a few days ago by Iranian Regime’s Parliament Research Center indicating several reasons for the depreciation of the Iranian currency. The report also drew attention to the capital flight that was recently highlighted by Iranian officials.

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More Companies Pull out of Iran Due to US Sanctions

Russian oil giant Lukoil-Iran

By Staff Writer

As US sanctions on Iran loom overhead, more and more companies are slowing down or pulling out of trade deals with the mullahs’ regime.

The latest companies to react to the planned reintroduction of sanctions are Russian oil giant Lukoil, which has put its Iranian projects on hold, and India's Reliance Industries, which owns the world's largest oil refining complex, is planning to stop buying oil from Iran, according to Reuters.

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Iran: 4 Provinces Are in Severe Food Crisis!

By Staff Writer

Poverty is now apparent in the form of a food crisis in many of Iran’s provinces.

In a country with such massive reserves of oil and gas, the phenomenon of “poverty” must be directly correlated with “social inequality”; social inequality can be found in all areas of life, be it “social opportunities, work, education, culture, economy, or nutrition”.

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More Than “$59 Billion” of Capital Has Fled Iran in the Last Two Years

More Than “$59 Billion” of Capital Has Fled Iran

By Staff Writer

The Research Centre of the regime’s Parliament has announced that more than $59 billion of capital has fled Iran in the last two years; a number that has been predicted to rise in 2018, following the withdrawal of US from the nuclear deal.

According to an article published on 28th May by a government-owned agency known as ‘khabar online’, the Research Centre of the Parliament has labelled this figure as “significant” compared to Iran’s current economy.

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Iran Regime Under the Blockade of Sanctions

Iran Under the Blockade of Sanctions

By Staff Writer

On May 8th 2018, the president of the United States Donald Trump, announced his withdrawal from its nuclear deal with Iran; on top of the re-imposition of economic sanctions (which were previously lifted as part of the Joint Comprehensive Plan of Action, i.e., JCPOA, back in 2015) Trump has included even more penalties in its sanctions against Tehran.

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Iran: No One Acknowledges the Concerns of Workers

spend millions of Tomans on medication

By Staff Writer

“How do I spend millions of Tomans on my medication when I can’t even afford my food?”

How much pension does a retiree even get, to have to spend 400000 to 500000 Toman ($95 to $120 ) on medications alone, just to “stand on own feet” and avoid paralysis?

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