Iran: Friday prayer leaders warn of inflation, high prices
NCRI- Friday prayer leaders representing the Supreme Leader Ali Khamenei in the cities and towns throughout the country, expressed concern over Iran's bleak economic...
Iran: More than 600 workers were laid off at Shegarf-Afzar factory in Shiraz
NCRI - More than 600 workers are out of job in auto-parts Shegarf-Afzar factory since the end of February in the southern city of...
World’s top banks have stopped dealing with Iran, says senior US Treasury official
NCRI – U.S. Treasury undersecretary for terrorism and financial intelligence Stuart Levey told the Senate Finance Committee Tuesday that the world's top banks have...
US cracks down on Bahrain bank suspected of Iran ties
WASHINGTON (AP) — The Bush administration is imposing financial sanctions on a Bahrain bank the United States alleges is controlled by Iran's Bank Melli,...
U.S. weighs sanctions on Iran’s Central Bank
By GLENN R. SIMPSONSoure: The Wall Street JournalThe Treasury Department is gathering evidence it says shows that the central bank of Iran is helping...
UN sanctions have hit Iran’s economy -Britain
UNITED NATIONS, Jan 30 (Reuters) - Two rounds of U.N. sanctions against Iran for refusing to halt sensitive nuclear activities have had an...
Iran: Gasoline black market thrives
BANDAR ABBAS, Iran (AP) ââ¬âEach day, the boulevard in this port city derisively dubbed "OPEC Street" is lined with dozens of vendors selling...
Lending dries up in Iran
By Jason Simpkins, Associate EditorSource: Money Morning Various industries in Iran are beginning to feel the pinch as bankers around the world have cut...
Biggest Bahrain bank freezes Iran business-sources
MANAMA, Jan 16 (Reuters) - Bahrain's Ahli United Bank, the kingdom's largest lender by market value, has suspended business with Iran, two sources...
UAE Banks have stopped issuing letters of credit to Iranian companies
NCRI - Banks in the United Arab Emirates, the second-largest Arab economy, have stopped issuing letters of credit to Iranian companies, Bankers told Reuters."Because...
