Photos of Daily Life in Tehran as Iran Braces for New US Sanctions
20 Articles
20 Articles
Daily Memo: US Sanctions on Iran, Pakistan-Iran Talks
Economic pressure. The U.S. announced that it will launch extensive new economic measures against Iran aimed at isolating the country even further from the global economy. Under Operation Economic Outcast, the U.S. will apply sanctions against any country or entity that continues to do business with Iran. Asked whether this would include China, which purchases […] The post Daily Memo: US Sanctions on Iran, Pakistan-Iran Talks appeared first on G…
Photos of daily life in Tehran as Iran braces for new US sanctions
TEHRAN, Iran (AP) — People in Iran are bracing for a new round of U.S. sanctions aimed at further isolating the country and increasing pressure on its battered economy. Washington also warned nations to cut financial ties with Tehran or face retaliation.
The Iranian economy is sinking deeper into crisis. Annual inflation reached 66% in July, while consumer prices jumped 87.9% year-on-year; for food, the increase reached 128%. Reporting by Siavosh Ghazi from Tehran.
The measures were designed to limit the capacity of the system to generate revenue and foreign currency, with even more pressure on the
Tehran, Aug 25 Iran's Minister of Economy and Finance Ali Madani Zadeh said today that the government is fully prepared to face the new economic sanctions announced by the U.S. The post Iran claims to be prepared to face new U.S. sanctions first appeared on News Prensa Latina.
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