Iran: Machinery factory closed down
NCRI - A machinery manufacturing center in western city of Borujerd has been closed down due to increase in high prices of raw material...
Brief news on workers protests across Iran
NCRI - In the western city of Kermanshah, municipal contract workers demonstrated outside the local government building on April 17 in anger at their...
China’s ZTE says it’s basically dropped Iran business
Beijing (Reuters) - ZTE, China’s second-largest telecoms equipment maker, has essentially stopped doing business in Iran after a US investigation into alleged sales of...
IMF: Iran’s Economy Shrank In 2012
NCRI - The International Monetary Fund (IMF) says Iran's economy shrank by 1.9 percent in 2012 and is expected to contract by 1.3 percent....
Iran: Steel and iron melting factory workers in Kurdistan stage protests
NCRI - The Workers at Zagros Steel & Iron Melting Factory in Kurdistan province have staged a protest over the non-payment of their wages...
Iran: Provincial public-share holding Carpet-Weaving Company closed
NCRI - In line with the increase in the country's economic collapse and the closure of the industries one after the other, it is...
South Korea’s Imports of Iranian Crude Oil Fall 17% in March
(Bloomberg) - South Korea, the world’s fifth- largest oil importer, reduced crude shipments from Iran by about 17 percent in March from a year...
Iran: Hundreds of workers held a protest in Isfahan
NCRI - Based on received information, hundreds of labors from different companies, especially workers of the industrial district 'Mourcheh Khort' in Isfahan Province, gathered...
Failed policies, not sanctions, to blame for Iran’s crippled economy – state-run daily
NCRI - Iranian regime's leaders use the ever-tightening sanctions on their regime as an 'excuse' for their own failure to manage the country's crumbling...
Toman slumps in value after nuclear talks
NCRI - The Iranian Toman has slumped severely against the US dollar in the wake of the nuclear negotiations in the Kazakhstan capital Almaty....
