The make-up of the board of directors of Razavi Economic Organization (REO), the economic arm of a religious foundation reflects the fact that Iran’s Supreme Leader, Revolutionary Guards (IRGC) and the Intelligence Ministry jointly control the economic activities of this shady organization
Tag: Economy of Iran
Tehran hosts conference on Iran Eurasia cooperation
The conference discussed creation of economic environments for developing trade ties between Iran and the EAEU member states, expansion of common markets and access to the free flow of goods and services, as well as joint policies in agriculture, energy, technology, and transportation
Armenia and Iran consider ways to enhance transactions
Iran and Armenia discussed the possibility of establishing a special-purpose vehicle for conducting trade between the two neighboring countries, Financial Tribune reports
Iran asks Russia for a loan after protests
Amid a harsh crackdown on protesters that has killed more than a hundred people since November 15, Iran has asked Russia to provide an additional $2 billion loan
Rouhani admits dire economic situation in Iran
Iranian President Hassan Rouhani admitted on Tuesday that Iran’s situation is more “difficult and complicated” today than it ever has been, with US sanctions on Iranian oil exports making it hard to run Iran’s affairs
Half of Iranians are living in poverty
An argument over the number of Iranians living in poverty erupted at a session of the Islamic Parliament (Majles) today, with an MP stating that half of Iranians are living in poverty and officials are trying to cover up this reality with false and inaccurate statistics. The MP came by his information by using statistics from the World Bank
Iran offers bounty for illicit crypto currency mining operations
Iranian authorities are offering a bounty to anyone who exposes unauthorized mining operations in the country, Iranian news outlet PressTV reports on Nov. 13
Iranian parliament scrambles to find money
The share of crude oil in Iran’s next year budget (beginning March 21) has dropped to zero, Mehr news agency reported November 12. The report coincided with the Islamic Republic parliament’s closed-door session on Tuesday
Iranian unemployment crisis continues to worsen
The situation in Iran regarding unemployment is getting worse and worse and is one of the major points of contention with the people. The country’s economy is close to collapse and many people are unemployed, in particular, young people.
An isolated and loathed regime
The UN General Assembly’s annual session has been made into a mockery by the likes of Iranian dictators. Hassan Rouhani, the caliphate’s “president,” usually uses the podium to fan lies just about everything
Iran’s mullahs begin to move billions from their collapsing country
In Iran, Eshaq Jahangiri Kouhshahi, the first vice president of the President Hassan Rouhani’s regime, said on Oct. 22 that $22 billion of the country’s resources were taken to Istanbul and Dubai under the pretext of increasing the value of the country’s troubled rial currency
