Iranians’ purchasing power has declined by 72 percent in the past eight years, according to the daily Iranian newspaper Shargh.
Tag: Financial
Opposition Rasa TV forced to shut down over financial woes
GVF — Pro-opposition satellite channel Rasa television has been forced to shut down “until further notice” owing to budget constraints.
EU Tightens Financial Measures Against Iran
The European Union has further tightened financial restrictions on Iran as part of the Western-led campaign to pressure the Islamic republic into halting work that could be directed toward a nuclear weapon.
Iran Cinemas Threaten To Close Over Financial Woes
Iranian cinema owners have threatened to close their movie houses to protest against costs that have soared since energy subsidies were slashed last year.