Iran is gagging – on sanctions and deadly pollution. Finally, after months of denial, the country’s oil minister Rostam Qasemi acknowledged that petroleum sales are down by 40 percent after western sanctions that prohibit certain international transactions have stunted trade. In February, all energy, shipping and shipbuilding enterprises will be blacklisted as well, the New […]
Determined to stay its unpopular nuclear course, Iran is now turning to wind power and other renewable energy sources to blow past sanctions. Last year Karin reported that the current regime plans to produce 5,000 MW of solar energy by 2015, and in May this year, President Mahmoud Ahmadinejad put aside an additional $620 million […]
US sanctions are putting such a strain on Iran’s poor that the government wants to censor films depicting hearty chicken meals, The Telegraph reports. Worried that the image of their favorite dish (like this mouth-watering Maklubah) will be so incendiary that people who can’t afford to buy it will be inclined to attack the rich, Mr […]
During a recent trip to Iran, EuroNews correspondent Ali Sheikholeslami found that many Iranians are becoming unwitting vegetarians as they can no longer afford to buy meat. Following international sanctions against the country’s nuclear ambitions, inflation has soared, the Rial has crashed to about half its former value against western currencies, and locals are feeling the pinch. […]
A man identified as “A.M” made off with $1 million worth of saffron before Dubai authorities launched an undercover investigation to nab him! Who would have thought that stealing saffron would be such a lucrative venture? An expert, apparently. Formerly a spice trader in Iran, a man living in Dubai stole more than $1 million […]
Sanctions have backed fossil-rich Iran into a corner, which could bode well for the country’s renewable sector. The western-led sanctions against Iran have crippled the country’s ability to provide for its 74 million strong population, Reuters reports. Food prices have skyrocketed and many ships holding supplies are waiting for payment before allowing Iran to collect […]
A new round of sanctions that further isolate Iran financially and politically is likely to bolster nuclear ambitions and keep pollution levels high. Iran has been slapped with a new round of sanctions following a report from the United Nations International Atomic Energy Agency (IAEA), which concluded that the regime is developing nuclear weapons. This […]