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Showing posts with the label ran inflation Iran economy

Michael Pompeo: Trump administration pressure is weakening Iran’s regime

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Michael Pompeo: Trump administration pressure is weakening Iran’s regime President Donald Trump and Secretary of State Mike Pompeo on July 16, 2019. Michael R. Pompeo   Opinion contributor Published 7:09 PM EDT Aug 6, 2019 The Trump administration has implemented an unprecedented pressure campaign on Iran’s leaders with two objectives: First, to deprive the Iranian regime of the money it needs to support its destabilizing activities. Second, to force Ayatollah Ali Khamenei to the negotiating table to conclude a comprehensive and enduring deal. The comprehensive deal we seek with the Iranian regime should address four key areas: its nuclear program, its ballistic missile development and proliferation, its support for terrorist groups and proxies, and its treatment and illegal detention of U.S. citizens. Before we reimposed sanctions and accelerated our pressure campaign, Iran was increasing its malign activity, even under the Joint Comprehensive Plan of Ac...

Iranian regime engulfed in economic and social crises

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Iranian regime engulfed in economic and social crises Written by  Mohammad Sadat Khansari  on  04 August 2019 . Iranian oil exports in July dropped to as low as 100,000 barrels per day, according to Reuters. This is about five percent of the regime’s pre-sanctions exports. The Iranian regime’s officials also confirm that Iran’s oil export has reached its lowest amount in the past 40 years. On July 25, Seyed Hamid Pour-Mohammadi, the deputy vice-president of the regime’s Management and Planning Organization (MPO) acknowledged that the budget for the Iranian fiscal year of 1398 (2019-2020) was calculated based on oil exports of 300,000 barrels per day. He also admitted that the 2018-19 budget was calculated based on oil sales of 1.5 million barrels per day, and the 2017-18 budget was calculated based on exports of 2.7 million barrels a day. This means that the regime's oil revenue has fallen by 85-95 percent. The concerns and repeated remarks of the senior off...

Iran: Who’s to blame for the foreign currency violations?

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Iran: Who’s to blame for the foreign currency violations? Cabinet meeting of Iranian regime president Hassan Rouhani (File Photo) Analysis by PMOI/MEK Iran, Aug. 2019  - In the wake of the revelations that the Iranian regime’s Health Ministry has been importing power cables instead of stent tubes for patients with heart diseases, infighting among the different factions of the ruling elite in Iran has mounted to the next level. On July 16, Sharghdaily wrote: “Using two million Euros of foreign currency bought at state prices, they’ve imported power cables instead of the stent. In some instances, expired medicament has been imported.” In Iran, U.S. dollars are bought and sold at two very different rates. The volatile and changing market rate stands at about 120,000 rials dollar, while the state-set fixed rate is 42,000 rials. The mullahs’ regime is supposed to sell the U.S. dollars at state-set prices for special purposes, such as importing essential goods, ...