Tehran (AFP) – Iran faces a potentially crushing loss of oil exports when US sanctions return in November, but the impact could be blunted by its experience of working around embargoes. When Iran faced its toughest international sanctions between 2012 and 2015, analysts say it found a number of creative solutions, from repainting and renaming […]
Iran Parliament rakes Pres. Rouhani over Coals on Economy as Centrists Weaken
Tehran (AFP) – Iran’s parliament declared its dissatisfaction with President Hassan Rouhani on Tuesday, voting to reject his answers after grilling him over the deteriorating economy. It was the first time Rouhani had been summoned by parliament in his five years in power, and MPs demanded answers on unemployment, rising prices and the sharp depreciation […]
Iran’s Khamenei Pledges No War with US, but Rejects Talks under Sanctions Shadow
Tehran (AFP) – Iran’s supreme leader said Monday there would be neither war nor negotiations with the United States, and that the country’s problems were the result of government mismanagement more than renewed sanctions. Ayatollah Ali Khamenei’s comments add to the pressure on President Hassan Rouhani following a collapse in the currency and widespread protests […]
Why Iranians shrug off Trump Sanctions: ‘No one in the World Trusts US’
Tehran (AFP) – If the US was hoping renewed sanctions on Iran would cause immediate economic turmoil and mass anti-government protests, it may be disappointed, though real pain could still be on the horizon. US President Donald Trump described the embargoes that returned on Tuesday as “the most biting sanctions ever imposed”. AFP / ATTA […]
Iran: As US Sanctions Loom, Run on Gold, Banks, and Protests Spread
Tehran (AFP) – Iranians are hunkering down for the return of US sanctions on Monday with a run on gold and hard currency as they scramble to protect their savings, and sporadic protests over the already troubled economy. State news agencies reported “scattered protests” of a few hundred people on Thursday in the cities of […]