Iran Focus

London, 22 Jan - There is little chance of Iran being able to save its damaged banking sector as US sanctions really take their toll on the economy, causing bad loans to mount up, according to a new report.

The report, released on Tuesday by Fitch Solutions, said: “Many Iranian banks are in need of recapitalisation and restructuring, having accumulated high levels of non-performing loans. We see little scope for meaningful progress.”

Read more ...

Iran Focus

London, 15 Jan - In its efforts to intensify the pressure on Iran, the U.S. plans to grant no new waivers to buyers of Iranian oil. The aim is to eliminate the Middle Eastern producer’s exports of crude, according to a senior official.

Iran’s exports have been cut to about 1 million barrels a day — down from a level of 2.7 million prior to the US exit from the Iran nuclear deal and imposition of sanctions announced by Washington.

Read more ...

Iran Focus

London, 4 Jan - A senior influential ayatollah and top Shiite cleric in Iran claimed on January 3 that Iran has seen 400 years’ worth of progress in the 40 years since the 1979 revolution.

Ayatollah Mohammad Yazdi, 87, told Iran’s conservative Student News Agency (ISNA): “In these 40 years 400 years’ worth of service has been rendered to this country and we have had 400 years’ worth of growth and progress; technology, gadgets, various equipment, population and lifestyle, and now it is totally different from the past”.

Read more ...

By Jubin Katiraie

Re-imposed US sanctions are crashing Iran’s economy, and the people of Iran are struggling to afford basic goods. More unrest is expected. In fact, as Iran’s rial collapsed, vendors of the thousands of shops in Tehran's sprawling Grand Bazaar, — traditionally a gauge of the national mood — have spoken out against the government, internal politics, and corruption.

Iran's lower and middle classes make up the majority of the population. Their discontent highlights the dangers ahead for the government of President Hassan Rouhani. Many expect this year to be worse than last as protests over the economy continue.

Read more ...

Iran Focus

London, 4 Jan - Iranian oil exports have fallen sharply and exports of other items from Iran have dropped by more than half because of US sanctions, according to economic data released this week by Iranian officials.

Between November 21 and December 22, Iran’s export of non-oil goods only amounted to a total of $1.867 billion, less than half the monthly average during the current fiscal year, which began on March 21. The biggest reason for this is the complete halt in exports of ultra-light oil (gas condensate) sales, which Iran lists under non-oil exports. This export averaged about $330 million (or one-seventh of the total drop).

Read more ...

#Iran - April 10 - Bojnurd, North Khorasan Province, Northeast

April 10 - Shadegan, Khuzestan Province, SW #Iran

#IranFloods- Kut Abdullah, Ahvaz, Khuzestan Province, SW #Iran

Seems to be Lorestan Province, western #Iran Horrifying footage of a road literally collapsing

#IranFloods-April 4, Poledokhtar,Lorestan province W #Iran

Iran: Ahvaz Steel Workers on Strike for 5th Day

Iran Sugarcane Workers Protest Unpaid Wages on 10th Day of Strike

Iran. November, 2018. Eleventh Day of Truckers’ Nationwide Strike

Iran. July 24, 2018. New Round of Truck Drivers’ Nationwide Strike

Iran. November, 2018. Protest Gathering of Ahvaz Alloyed Steel National Group Workers

Yasuj, Iran. July 23, 2018. New Round of Truck Drivers’ Nationwide Strike

Torbat-E Jam, Iran. July 23, 2018. New Round of Truck Drivers’ Nationwide Strike

Yazd, Iran. July 23, 2018. New Round of Truck Drivers’ Nationwide Strike

Iran, Tehran – Anti-Regime Chants in Protest, June 25

Iran, Tehran – Major Protest With Chants of ‘We Will Fight, We Will Die, but We’ll Take Back Iran’