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The Central Bank of Iran announced that the inflation rate for the 12-month period to the third Iranian calendar month (ended on June 21) hit 27.7 percent. The country's point-to-point inflation in the mentioned month was 14.7 percent, Iran's Mehr
Though the United States has yet to secure a final deal to restrain Iran's nuclear program, an influential pair of hawks in Washington have already devised a way for Congress to unravel any potential agreement after the ink is dry.
A longtime Alaskan believed to be linked to laundering nearly $1 billion for the government of Iran stands to lose more than 20 Anchorage homes and condominiums that the U.S. attorney's office contends he bought with profits made trafficking money.
The Statistical Center of Iran put the country's unemployment during last winter at 10.5 percent...The country's urban and rural unemployment rate in the mentioned period stood at 11.3 and 8.7 percent, respectively. Unemployment among men and women
May 2014 Iran's Vice President Mohammad Bagher Nobakht said on May 14 that the government has some plans to lower the country's inflation by the end of the current calendar year. Iran's fiscal and calendar year starts on March 21. "The government
Payment problems are disrupting commercial food cargoes to Iran, with hundreds of thousands of tons of grain and sugar stuck in transit, as Western banking sanctions complicate deals and trade financiers scale back exposure. Iran is not barred from
The installments, amounting to one billion dollars, have been deposited to the account of the CBI in the Central Bank of United Arab Emirates, reported Xinhua citing the report. The Islamic republic "can use the money now", the CBI statement said
France is temporarily reducing staff at its embassy in Iran, and it will bring some employees and their families home, a French official said Saturday. The move follows the storming of the British embassy on Tuesday, which prompted Britain to pull
Iran's external debt stood at $6.631 billion at the end of the Iranian calendar month of Dey (which ended on January 20). The Central Bank of Iran (CBI) announced that the country's short-term debt was around $644 million in the mentioned period,
Over 80 percent of a total 2.6b dollar foreign investment made in buy-back projects in Iran in 2013 and early 2014 has been earmarked for hydrocarbon fields the country shares with neighbors...Development of the South Pars gas field, shared by Iran