Gulf Markets Suffer Heavier Losses April 06, 2025 Gulf Markets Suffer Heavier Losses Gulf Markets Incur Heavy Losses Following US Tariffs The markets in Kuwait, Qatar, Oman, and Bahrain ope...
Schools, government offices closed across Iran January 11, 2025 Severe natural gas shortages forced the closure of government offices and schools across nearly two-thirds of Iran ’s provinces on Saturday,...
Iran’s minimum wage covers just one Q of living costs December 30, 2024 Iranian workers face a deepening struggle as the minimum wage, which once covered half of basic living expenses, now meets just one-quarter ...
Protests break out in Iran over economic crisis December 29, 2024 Business owners in Tehran’s historic bazaar staged a strike on Sunday against runaway inflation and soaring currency exchange rates, spurri...
Iran struggles to curb consumption amid surging energy crisis December 17, 2024 Officials in Iran have announced widespread closures of schools, universities, and government offices on Tuesday as Tehran struggles to cur...
IMF reveals Iran's foreign reserve sharp drop November 04, 2024 The latest report from the International Monetary Fund (IMF) indicates that economic turmoil in Iran is expected to persist, with some indi...
Iran's currency crisis deepens with soaring inflation October 23, 2024 Amid a budget bill emphasizing heavy military spending and the looming threat of an Israeli attack, Iran's currency , the rial, matched ...
Iranian Rial plunges to historic low October 19, 2024 Iran ’s currency, the rial, has plunged near historic lows as the threat of direct confrontation with Israel looms, raising concerns about s...
Iran's currency loses value September 30, 2024 Iran's currency, the rial, has dropped 3.3% in value since last week. The rial was trading at 612,000 to the US dollar on Saturday, comp...
Iran's government robs future generations September 02, 2024 Iran ’s Supreme Leader has approved diverting over $5.8 billion from the National Development Fund (NDF)—initially reserved for the nation...
Houthi destructive practices against Yemen's economy August 01, 2024 The internationally recognized Yemeni government stated on Tuesday that the Central Bank’s measures have achieved their objectives. This co...
The Impact of Red Sea Escalation on Yemen's economy May 05, 2024 The International Monetary Fund (IMF) has warned of negative effects on Yemen due to escalation in the Red Sea, also affirming that the halt...
New Houthi coin triggers economic divide in Yemen April 01, 2024 Yemen ’s Houthi militia has issued a new 100-riyal coin for the first time in nearly a decade, a move that sparked the ire of the Aden-based...
Ankara, Istanbul rise up against deteriorating economic situation December 13, 2021 Thousands marched through Istanbul on Sunday after trade unions denounced the rise of poverty in the country and called for an increase of t...
Muslim Brotherhood, more and more treacherous July 25, 2021 The Grand Ethiopian Renaissance Dam has become one of the most important issues concerning the Egyptian people and, perhaps, Muslim Brotherh...
Paranoiac Erdogan indulges in conspiracy illusions July 10, 2021 Turkey's president Ragab Tayyeb Erdogan has blamed the nation's economic woes on attacks he says were plotted internationally by for...
Turkey at risk of a financial crisis June 14, 2021 Turkey's foreign currency reserves plunged by 75% last year, raising concerns about a possible balance of payments crisis. The central b...
Erdogan makes life harder for Turks April 15, 2021 For many people in Turkey, life is getting harder. The economy is down, and not just because of the pandemic but also the president's ir...
Turkey is paying the price of Erdogan's ambitions January 05, 2021 No one should be surprised by Turkey's recent economic and financial woes. The country's triple crisis (currency, banking, and sover...
Erdogan should leave office December 08, 2020 Given the state of Turkey’s economy today, it is easy to forget that it was once an attractive option for those interested in emerging mark...
