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News: Iran Economy

Iran’s Regime and Its Deadlock in Adopting the CFT

Iran’s Regime and Its Deadlock in Adopting the CFT
Crisis in the Iranian regime over the CFT case

The Iranian regime’s Expediency Council has not yet declared its decision over whether to adopt the Combating the Financing of Terrorism (CFT) legislation. Since the one-year deadline for this organization was expired on January 21, the assignment of this bill related to the work of the Financial Action Task Force (FATF) should be considered finished.

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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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