Archive | Politics

Iran Imposes Sanctions on 15 US Companies

Iran has imposed sanctions on 15 American companies for what it describes as “propping up the Zionist regime, terrorists and suppressing civilians in the region.” The Iranian Foreign Ministry said the move comes in response to Washington’s imposition of new sanctions against Tehran. The sanctioned US corporations, and the reasons given for their inclusion, are: Beni […]

US: Eleven Sanctioned for Transfer of “Sensitive Items” to Iran

From US State Department: On March 21, the United States imposed sanctions on 30 foreign entities and individuals in 10 countries pursuant to the Iran, North Korea, and Syria Nonproliferation Act (INKSNA). These sanctions apply to the specific individuals and entities which will be listed in the federal register and will be in effect for […]

ZTE Corp Pleads Guilty in Sanctions Case

By John Lee. Chinese telecom equipment maker ZTE Corp has pleaded guilty to conspiring to violate U.S. sanctions by illegally shipping U.S. goods and technology to Iran. The guilty plea was part of an agreement the company reached earlier this month with U.S. authorities that also called for nearly $900 million in fines and other […]

Iran Ranks 108th in World Happiness Ranking

By John Lee. Iran has ranked 108th out of 155 countries in the latest World Happiness Report. The report, produced by the Sustainable Development Solutions Network (SDSN), contains analysis from leading experts in the fields of economics, neuroscience, national statistics, and describes how measurements of subjective well-being can be used effectively to assess national progress. […]

The coming Iran-US Confrontation in Iraq

By Zakiyeh Yazdanshenas for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. In June 2014, Mosul was seized by the Islamic State (IS), whose leader Abu Bakr al-Baghdadi soon afterward announced a caliphate from the city’s grand mosque. Now the caliphate is seemingly coming to an end. […]

IAEA Has 5 Times Confirmed Iran’s Compliance with JCPOA

European Union Foreign Policy Chief Federica Mogherini (pictured) said that the 2015 nuclear deal between Tehran and world powers cannot be “partially renegotiated”, noting that the IAEA has five times confirmed Iran’s compliance with its commitments under the agreement. “I fully share the need to fully implement, in all its parts, the JCPOA. Let me […]

Video: Iran Pre-nups land thousands of Men in Jail

From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. When Sadegh married his college sweetheart, he never thought he’d end up as one of those Iranians facing ruin and even prison because of huge sums demanded by his wife’s family. But the “mehrieh” […]

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Construction Begins on Bushehr-2 Nuclear Power Plant

March 14, 2017 saw the start of works at the Bushehr-2 Nuclear Power Plant. The ceremony was attended by representatives of the Principal – Nuclear Power Production & Development Co. of Iran (NPPD), namely: Mr. Jafari, Bushehr NPP Project Manager, Mr. H. Ghaffari, BNPP Operating Co. Managing Director, Mr. A.R. Moradian, OCE Co. Managing Director […]

Has Rouhani achieved his Goals for Iranian Economy?

By Bijan Khajehpour for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Iranian President Hassan Rouhani’s first term in office will come to an end in a few months, and it is time to evaluate his administration’s economic policies during the past four years. When Rouhani […]