Archive | Politics

Iran, Iraq to Set Up 5 Joint Industrial Parks

The Iranian president’s chief of staff said Tehran and Baghdad have agreed to establish five joint industrial parks, including one in Iran’s border province of Kurdistan. Speaking at a meeting on economic development of Kurdistan in the city of Sanandaj on Saturday, Mahmoud Vaezi said Iran and Iraq have devised plans to set up five […]

Nokia may Reduce its Iran Business

By John Lee. Finnish telecom equipment maker Nokia has said it may have to reduce its business in Iran due to the reimposition of US sanctions. In a statement to the markets, the company said: “We continuously monitor international developments and assess the appropriateness of our presence and business in various markets. “The US’ unilateral […]

Iraq “Needs to Buy Iranian Electricity for 3 Yrs”

Iraqi Parliament Speaker Mohammed al-Halbusi said he hopes the United States will keep waiving sanctions on energy imports from neighboring Iran, noting that the Arab country will need to purchase electricity from the Islamic Republic for three years. In November last year, Washington granted a 45-day waiver on electricity to the Arab country and extended […]

Iran GDP Shrinking

By John Lee. A new report from the World Bank Group forecasts real GDP growth (at constant market prices) of -1.6 percent for the year to the end of March 2019 in Iran, falling further to -3.8 percent next year: Economic growth in Iran continued to slowdown in the first quarter of 2018/19 (April-June) as […]

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Tehran’s Quality of Living Ranking …

By John Lee. Tehran has been ranked in 199th place in the Mercer 2019 Quality of Living Survey. This puts it just ahead of Karachi in Pakistan and Caracas in Venezuela, and just behind Luanda in Angola and Dar es Salaam in Tanzania. Vienna again retains the top spot; Zurich and Vancouver follow in second […]

33-yrs Prison, 148 lashes, for Women’s Rights Defender

Iran: Shocking 33-year prison term and 148 lashes for women’s rights defender Nasrin Sotoudeh The sentencing of prominent Iranian human rights lawyer and women’s rights defender Nasrin Sotoudeh to 33 years in prison and 148 lashes in a new case against her is an outrageous injustice, said Amnesty International. The sentence, reported on her husband […]

UK affords Nazanin Zaghari Ratcliffe Diplomatic Protection

The Foreign Secretary has today (7 March) decided that the UK will exercise diplomatic protection in the case of Nazanin Zaghari-Ratcliffe as part of the Government’s continuing efforts to secure her release. Affording diplomatic protection in Nazanin’s case represents formal recognition by the British Government that her treatment fails to meet Iran’s obligations under International […]

Iraq Rebuffs US on Cutting Off Energy Purchases from Iran

The US is pressuring Iraq to stop buying energy from its neighbor Iran, in what has become a major point of conflict between Washington and Baghdad. Iraqi leaders are pushing back on the demand, which is rooted in US President Donald Trump’s sanctions against Iran, according to a report by the New York Times on […]

After 40 years, is Iran’s Revolution Unravelling?

By Suzanne Maloney, Brookings Institution. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. After 40 years, is Iran’s revolution unravelling? Iranians came to the streets en masse on Monday to mark the 40th anniversary of the revolution that brought their Islamic Republic to power. As […]

US “Pressuring” European Firms to Limit Activity in Iran

The general secretary of the German-Iranian Chamber of Commerce said US officials are pressuring European companies to limit their business activities in Iran. “There is more passion from our American friends to create problems,” Michael Tockuss told the German business news weekly Wirtschaftswoche on Saturday. Those problems, Tockuss said, stem from direct pressure being applied […]

ATR Applies for US Permission to Deliver Iran Planes

The CEO of Iran Air said ATR aircraft manufacturer has requested permission from the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury for the delivery of the turboprops Iran has purchased. Farzaneh Sharafbafi told Tasnim on Saturday that the delivery of the remaining ATR turboprops to Iran requires a permission […]

Iran Falls in Transparency Ranking

By John Lee. Transparency International has said that Iran’s ranking has fallen eight places in its global Corruption Perceptions Index (CPI). From a total of 180 countries, Iran came in at number 138; last year’s position was 130 out of 180 countries. This result puts it on equal ranking with Lebanon and Russia, ahead of […]

2018 – Iran’s “Year of Shame”: Amnesty International

Iran’s ‘year of shame’: More than 7,000 arrested in chilling crackdown on dissent during 2018 The Iranian authorities carried out a shameless campaign of repression during 2018, crushing protests and arresting thousands in a wide-scale crackdown on dissent, said Amnesty International, a year after a wave of protests against poverty, corruption and authoritarianism erupted across […]

Iraq “must not be Reliant on Iran”

By John Lee. The UK’s foreign office minister for the Middle East has reportedly said that Iraq must wean itself off economic reliance on Iran and become more energy self-sufficient. On a visit to Iraq on Sunday, Alistair Burt (pictured) told Reuters: “To expect Iran to have no influence in Iraq is fanciful … What […]

What Iran’s Revolution meant for Iraq

By Bruce Riedel, Brookings Institution. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. What Iran’s Revolution meant for Iraq The collapse of the shah’s government in Iran in early 1979 impacted the entire world but no country was more affected than Iraq. Saddam Hussein’s regime […]

7m Iranians, Iraqis Visit Each Other’s Country Annually

Iran’s Foreign Minister Mohammad Javad Zarif said the fact that each year, 7 million Iraqis and Iranians visit each other’s country is a sign of the two neighboring countries’ close ties. Speaking at a meeting with Iraqi Parliament Speaker Mohammed Al-Halbousi in Baghdad on Monday, attended by the chairmen of the Iraqi parliamentary factions, Zarif […]

Iranian Amb to UK summoned over Zaghari-Ratcliffe

The British foreign secretary, Jeremy Hunt, has summoned the Iranian ambassador, Hamid Baeidinejad, to demand that Nazanin Zaghari-Ratcliffe (pictured), the British-Iranian woman held by Tehran, is given proper medical treatment. The dual national, who was sentenced to five years in prison for espionage, has started a hunger strike after her interrogators tried to persuade her […]

Iran Drought: Lawmakers Fight over Water Share

By Ehsan Bodaghi for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iran Business News. Iran Drought turns Political as Lawmakers Fight over Water Share Eighteen lawmakers representing constituencies from the central Iranian province of Esfahan, where water scarcity has reached an alarming state, have […]

Iran “Seeks to Block Instagram”

By John Lee. Officials in Iran are reportedly trying to ban Instagram due to what it deems “immoral” content. According to Israeli news agency Haaretz, Twitter, Facebook and the encrypted messaging service Telegram are all already banned in Iran. Many Iranians use a virtual private networks (VPNs) to get around the ban. More here. (Source: Haaretz)

Health Minister Resigns

By John Lee. President Hassan Rouhani has reportedly accepted the resignation of Minister for Health Hassan Qazizadeh Hashemi (pictured). Hashemi resigned following a disagreement over proposed cuts to health spending. According to Iran’s PressTV, Rouhani appointed Saeed Namaki as acting Minister. (Source: PressTV) (Picture credit: Tasnim, under Creative Commons licence)