War weighs on Iran's economy as US intensifies sanctions
DUBAI: Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader urging the government to address the hardship and the president saying foreign trade has shrunk by a third due to the American sanctions and blockade.Yet Tehran signalled no retreat on Saturday (Aug 29), vo
Iran's Pezeshkian admits US sanctions are hurting economy
Iran's Pezeshkian admits US sanctions are hurting economy
Iran’s President Masoud Pezeshkian has admitted that US sanctions on his country are hurting its economy, despite just days ago insisting they would achieve nothing.
Pezeshkian told state media that foreign trade had shrunk by nearly 35 percent because of
Iran-US conflict continues to weigh on global, domestic economies: CBE
The Central Bank of Egypt (CBE) has said the persistence of the Iran-US conflict continues to weigh on the global and domestic economies, with lingering effects on economic activity, foreign investment, and domestic inflation. The CBE added in its recently issued Monetary Policy Report (MPR) that recent favourable macr
War weighs on Iran's economy as US intensifies sanctions
By Eman Abouhassira and Yasmine Ghania
DUBAI/CAIRO, Aug 29 (Reuters) - Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader calling on the government to address the hardship while the president reported foreign trade has shrunk 35% due to the American sanctions and
War weighs on Iran's economy as US intensifies sanctions
DUBAI/CAIRO, Aug 29 - Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader calling on the government to address the hardship while the president reported foreign trade has shrunk 35% due to the American sanctions and blockade.
