Iran has decided to channel one billion dollars from its national reserves to prop up its ailing automakers amid a deep economic crisis gripping the country since 2018.
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IRGC – Islamic Revolutionary Guard Corps – Involved In

Iran created a Parliament Of IRGC Commanders
The Speaker of the Iranian Parliament (Majles) is an IRGC brigadier general, some two thirds of the Majles Presidium members are IRGC and Basij militia commanders and so are ...
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Iran and the uncontrolled tsunami of liquidity
Registration of five million people to participate in the car pre-purchase lottery seems to be a world record that the state-run Iran Khodro and Saipa car companies can record ...
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Chess official in Iran fired over his daughter’s hijab
A chess official in Iran says the Islamic Ministry of Sports has pressured him to resign from all his sports activities because his daughter "had not respected the so-called ...
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Iran is working hard to revive Anti-U.S. operations in Latin America
Just as Iran’s adventures in the Western Hemisphere were beginning to fade from memory, Iranian passenger jets began landing in Venezuela again in late April. Industry sources reported that ...
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Iran stock market falsely inflated
Almost every stock market in the world has seen a heavy plunge in recent weeks due to the coronavirus pandemic, but somehow the Iranian stock market is bucking the ...
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