IRAN: news on Economy in real time

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Mohammad Reza Farzin has made the stabilization of the exchange rate one of the two objectives of his mandate along with the control of inflation. He outlined the first steps taken to this end.

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The President of the Republic of Türkiye, Recep Tayyip Erdogan, said from Tehran: "We are determined to eradicate from Syria all the hotbeds of evil that threaten the national security of Türkiye."

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Despite natural endowments and a leading electricity fleet, Iran faces recurring shortages of electricity and gas, emphasizing the energy limits of a resistance economy struggling to hold together infrastructure modernization, domestic demand , energy exports and industrial development.