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Iran’s economic crisis severely impacts the traditional holiday shopping ahead of Nowruz, with soaring inflation and currency depreciation limiting consumer spending. Vendors report drastic declines in sales, leading to widespread …
Economic Challenges Overshadow Iran’s Nowruz Celebrations Read More
Iran’s parliament impeached Finance Minister Abdolnaser Hemmati due to worsening economic conditions, particularly soaring inflation and currency devaluation. Despite defense from President Masoud Pezeshkian, lawmakers expressed discontent over the dire …
Iran Lawmakers Oust Finance Minister Amidst Economic Crisis Read More
Iran’s Parliament has voted to remove Finance Minister Abdolnaser Hemmati following a sharp decline in the rial and rising inflation. The dismissal takes immediate effect, and the rial is now …
Iran’s Parliament Dismisses Finance Minister Amid Currency Crisis Read More
Iran’s parliament has removed Finance Minister Abdolnaser Hemmati amid rising inflation and a falling currency. Hemmati lost a vote of confidence with 182 lawmakers voting for his impeachment. The rial …
Iran Parliament Dismisses Finance Minister Amid Economic Turmoil Read More
Iranian lawmakers impeached Finance Minister Abdolnaser Hemmati amid soaring inflation and a devaluing rial, now trading at over 920,000 to the US dollar. President Pezeshkian defended Hemmati, emphasizing collective responsibility. …
Iranian Parliament Dismisses Finance Minister Amid Economic Crisis Read More
Iran’s parliament has impeached Economy Minister Abdolnaser Hemmati, as reported by state media. This decision follows nearly eight months since President Masoud Pezeshkian formed his cabinet, underscoring ongoing political challenges …
Iranian Parliament Impeaches Economy Minister Abdolnaser Hemmati Read More