Tag: sanctions on Iran

Sanctions still hamper import of pharmaceuticals

  Iran’s health minister says some medications continue to be scarce, despite assertions by the U.S. and the European Union that international sanctions do not affect Iran’s access to the pharmaceutical and medical equipment market. Hassan Ghazizadeh said: “Our problems persist. Those who have laid sanctions claim they have not sanctioned pharmaceuticals and medical equipment, […]

Iran’s next budget adjusted for continued sanctions, low oil price

  Iran’s Minister of Economics has announced he is prepared to present the country’s budget to Parliament now that the outcome of Iran’s nuclear talks has determined that international sanctions will persist. The budget for the coming year reportedly assumes an oil price of $70 per barrel. One day after parties agreed on extending the […]

Former minister summoned over “unhealthy gasoline”

  Former oil minister Massoud MirKazemi has been summoned to court after a suit was filed against him for ordering the production of “unhealthy gasoline.” Peyman Hajmahmoud Attar told ILNA that he and two of his colleagues filed a suit last June in connection with “the production of unhealthy gasoline.” Massoud MirKazemi, who was oil […]

Iran seizes assets of tycoon under investigation

  The Iranian judiciary says the assets of detained Iranian tycoon Babak Zanjani have been confiscated. The Mehr News Agency reports that all the assets under Babak Zanjani’s name have been identified and confiscated by order of the prosecutor. Zanjani’s debt to the Ministry of Oil, which is the main issue that prompted his arrest, […]

Iranian vehicle manufacturer makes deep cut to workforce

  The automaker Runiran has laid off 200 workers, according to Iranian labour activist Parvin Mohammadi. ILNA reports that after two months of a complete halt in production, the automaker has begun work again but with a large decrease in its workforce. The laid off workers had been employed by the plant anywhere between two […]

Iranian finance minister says scrapping sanctions won’t be a cure-all

  Iran’s minister of economic and financial affairs says the elimination of sanctions against the Islamic Republic is a long-term consideration that the government should not focus on to resolve its current problems. Ali Tayyebnia said on Sunday Oct. 6; “To think that sanctions will be lifted in the near future and all problems will […]

Activists implore Obama to end pressures on Iranians

  Fifty-five Iranian activists, many of whom are currently behind bars in Iran, have written a letter reminding the U.S. president that sanctions are hurting the people of Iran. They urged him to seize the opportunity of a new Iranian administration to put an end to the pressures being imposed on Iranians. The signatories emphasize […]

U.K. Court Quashes Iran Bank Sanctions

  Britain’s Supreme Court has ruled that sanctions should not have been imposed on Iran’s biggest private bank over its alleged links to Iran’s nuclear weapons program. The court ruled that Bank Mellat had been arbitrarily, irrationally, and disproportionately singled out for punishment and that the sanctions should be quashed. The ruling means that the […]