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...
Turkey's Crisis-hit Economy December 03, 2020 Scrambling to draw foreign investors to ease Turkey’s hard currency crunch, President Recep Tayyip Erdogan’s government has once again turne...
Qatar's migrant workers in death camps December 01, 2020 Despite Qatar passing laws aimed at safeguarding the rights of migrant workers – who make up about 90 per cent of the population on the smal...
Erdogan's Ploys to Ensnare Qatar November 30, 2020 Qatar has begun to view the unusual ties between their country and Ankara as unequal, and feel Turkey is exploiting Qatar for its wealth aft...
Turkey’s Long Suppressed Kurds November 21, 2020 Freedom of expression in Turkey is under sustained and increasing attack. Since the failed coup attempt in July 2016, academics, journalists...
Germany Threatens Turkey with EU Sanctions November 19, 2020 The EU has threatened to impose sanctions on Turkey next month over illegal exploration at sea. German Foreign Minister Heiko Maas said that...