Iran protests broaden as U.S. sanctions takes toll on the economy

posted in: Middle East, News

The unrest signaled widespread unease after the U.S. decision to withdraw from Tehran’s nuclear deal and restore sanctions on the country. Protesters chant slogans at the old grand bazaar in Tehran, Iran, on Monday.Iranian Labor News Agency / AP DUBAI, … Read More

Iran Bans US Dollar in Trade Activities to Beat Sanctions

posted in: Middle East, News

Mehdi Kasraeipour, the Central Bank of Iran’s director of foreign exchange rules and policies, said the move is unlikely to meet with resistance. Iran has banned the use of the U.S. dollar in all trade transactions, prohibiting businesses from registering import orders using the currency. … Read More

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