• Blackouts on the Way, Warns Iran’s Energy Minister
Iran is experiencing its worst drought of the past 50 years.
Power outages are inevitable next summer across Iran, the country’s energy minister has warned.
“Since the volume of water behind the dams is significantly lower than usual, if residents do not decrease electricity consumption, power cuts will be inevitable across the country,” Energy Minister Reza Ardakanian announced on April 8. Source: Roydad Emroz daily
• Iranian regime desperately Tries To Unify Exchange Rates To Halt Currency Decline
Iranian authorities have vowed to enforce a single exchange rate to the U.S. dollar in a bid to stop a slide that has seen Iran’s rial currency fall by more than one-third in seven months.
Officials said that from April 10 on, the government will sell the dollar at a rate of 42,000 rials to all individuals and businesses, and asserted that “enemies” of Iran were behind the currency’s decline
This announcement was met with widespread mocking and rdicule in Iranian social media.
• ISFAHAN: Farmers’ Protest Rally Continues
This morning, Tuesday, April 10th, according to the call made yesterday, protesters began their rally against their acquisition of their water – rights and waterlessness of their farms.
The number of participants in the rally is more than one thousand and it is increasing continiously.
It is noteworthy that Farmers in Isfahan, who have been waging massive and contentious protests since March, are demanding their very legitimate rights to the water and asking for the flow of water in Zayandehrud.
• On Monday the rial was trading at 62,000 to the dollar
An18 percent drop since Saturday, which was the first working day after the Persian new year, when many people travel abroad. Source: AP.
Iran’s Tasnim news agency: Seven Iranians died in airstrike in Syria; bodies brought to Tehran for funerals.
• Vow to End Iran’s Black Market Spurs Rush for Dollars in Tehran
Iranians flocked to foreign-exchange houses after authorities vowed to halt a currency slump by eliminating black-market rates, only to be turned away by currency traders awaiting instructions from the central bank. Source: WP
• Iran’s central bank sets 10,000-euro limit for citizens’ foreign currency holdings outside banks
The Central Bank of Iran has set a 10,000-euro limit for citizens’ foreign currency holdings outside banks, state media reported on Tuesday. Citizens have until the end of the month to sell any excess amount or deposit it in banks, the central bank said in a statement published by the Tasnim news agency. Source: Reuters
• Arab Summit to Discuss Iranian and… Interferences
Arab Foreign Ministers meet at the Arab League headquarters in Cairo, Egypt, November 19, 2017. Arab leaders, kings and princes gear up to participate in the 29th Arab Summit scheduled to kick off next Sunday in Dammam with a busy agenda dominated by the Iranian and Turkish interferences in the region, the Palestinian issue, the crises in Syria, Libya and Yemen and the fight against terrorism. Source: Asharq Al-Awsat
