Iran Last News

Iran: Protests to corrupt government-owned companies in Tehran Protests by customers of Azico vehicle manufacturer in Tehran Iran, September 3, 2019 Plundered creditors hold protests in Tehran On Monday, the customers of Caspian Credit Institute, a corrupt state-backed investment firm, gathered in front of the Iranian regime's judiciary and demanded the return of their plundered investments. Caspian, owned by the Revolutionary Guards (IRGC), is one of several state-backed credit firms that are involved in a multi-billion-dollar government-run embezzlement case. In the past few years, these credit institutions have absorbed billions of dollars' worth of investment from ordinary Iranians with false promises of quick returns. Those promises never materialized. Several of the credit institutions went out of business and others have refused to refund their customers. This has caused among the customers of these institutions and has triggered ongoing protests in many...

The people of Iran live in misery. How about their rulers? Poverty is literally institutionalized in Iran as over 80 percent of the population is desperately attempting to make ends meet Iran, Aug. 14, 2019  - Iran is a country where its people live in utter  poverty  while the lives of its rulers continue to become more luxurious every day. For example, a single mother starts at 7:00 am in a tailors’ workshop and finishes at 8:00 pm, a total of 13 hours of active working. Yet she is considered lucky, because contrary to millions of other Iranians, she has a “job” and could have a wage of 15 million rials. What happens to her income? She pays 3,000,000 rials in rent, 6,000,000 for the mortgages, 500,000 for water, gas, and electricity, 3,500,000 for a loan she took from the so-called public welfare fund, 4,000,000 for a loan she took for goods, 3,000,000 for a loan she took for the marriage of her daughter, 2,000,000 for basic foodstuff. It all sums up...