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Economy

Iran, Syria attempt to circumvent sanctions via joint bank

Iran, Syria attempt to circumvent sanctions via joint bank

Co-operation between the central banks of Syria and Iran is a blatant plot to open the door to trade and banking for Iran's Islamic Revolutionary Guard Corps (IRGC), analysts warn.

US announces new sanctions on Iran central bank

US announces new sanctions on Iran central bank

Substantial new sanctions have been imposed on Iran's central bank and other financial entities as part of a 'maximum pressure' campaign.

Iranian pipeline merely a pipe dream, Iraqis say

Iranian pipeline merely a pipe dream, Iraqis say

The Iraqi government will not permit Iran to extend a pipeline across its territory to Syria in order to export oil, as this would violate sanctions, Iraqi parliamentarians said.

Iran financial, judiciary systems vulnerable to corruption: experts

Iran financial, judiciary systems vulnerable to corruption: experts

The Iranian regime exercises control over the judiciary and key sectors of the economy, which leave them vulnerable to corruption.

Sanctioned Lebanon-based bank had ties to Hizbullah

Sanctioned Lebanon-based bank had ties to Hizbullah

The US Treasury Department designated Jammal Trust Bank for money laundering activities and providing financial services to Hizbullah.

Iran may be smuggling oil to Syria using Lebanese ships: report

Iran may be smuggling oil to Syria using Lebanese ships: report

The Lebanese government is following up on a report that two oil tankers may be violating US sanctions on Iran by smuggling oil to Syria.

Squeezed by sanctions, Iranians seek day jobs in Iraq's Kurdish region

Squeezed by sanctions, Iranians seek day jobs in Iraq's Kurdish region

Many young, university educated Iranians say they are forced into construction or menial labour in Iraq's Erbil due to the worsening economic situation in Iran.

Iran's supreme leader is a wealthy man: experts

Iran's supreme leader is a wealthy man: experts

Reports reveal that Iran's claim that the Islamic republic's supreme leader Ali Khamenei is a man of simple means is vastly exaggerated.

Iran Air services decline as sanctions take effect

Iran Air services decline as sanctions take effect

The national carrier's increasingly dilapidated fleet is facing a range of challenges, from maintenance issues to problems refueling.

Iran smuggling oil in violation of sanctions

Iran smuggling oil in violation of sanctions

With revenue from oil exports plummeting amid sanctions, the Iranian regime has been illegally exporting oil to countries like Syria.

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