Iranian regime needs oil at $125 per barrel to prevent deficit
For the Iranian regime to end the calendar year without a budget deficit the oil prices need to reach about $125 per barrel, an...
Iran: 12 million people suffer from hunger – Minister
Some 12 million Iranians are living in poverty according to a senior official of the Iranian regime. This is their first public admission to...
In 2015, the Iranian regime income could be reduced to $26 billion
NCRI - Economic experts believe that after the fall of oil prices on the world market, oil revenues of Iran could be reduced to...
Iran’s rial continues to plunge
NCRI - The value of the dollar exchange rate in open markets in Iran reached 35,000 rials for a dollar on Sunday after a...
Bread to rise in price by 30 per cent in Iran
The price of bread is to be increased by 30 per cent in Iran in the latest example of soaring inflation within the regime....
Brent crude oil hits 4-year low
Brent crude oil touched a fresh four-year low on Friday, knocking down both energy-related shares and currencies, after the Organization of the Petroleum Exporting...
14,000 factories shut down as Iranian economy flounders
NCRI - More than 14,000 factories have closed down in Iran since 2005, the regime's deputy industry ministry has admitted. Seyed Abrichami told the...
Iranian regime to adjust budget based on oil price at $70 a barrel
Iran has been forced to adjust its budget for next year based on a plunging oil price as the regime's economy spirals into chaos....
Iran: Oil price plunge spells misery for economy, regime MP warns
Plunging oil prices will trigger inflation and a mounting budget deficit for the Iranian regime, a member of the regime's parliament has warned. Hadi...
Iran turns to gold as free-fall in oil prices continues
NCRI - The Iranian regime unveiled a new gold processing plant that expects to double annual gold production with hopes to revive its ailing...
