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Dirty Iranian Money (3).. "Dirty money" share of liquidity in "Iran" 12%!
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 Saturday 11 May 2019
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Special: Translation – Ibrahim El Sayed Fathy:

The official and declared statistics and the proportion of "dirty money" within the Iranian economy are confirmed by about 81 thousand billion tomans. She has seen (writings), open a special dossier on the issue of dirty money laundering within the Iranian political process, and its manifold details.

The fifty-first strategic dialogue sessions, devoted to talking about ways to combat "money laundering" in Iran, began with the speech of Dr. "سید Jawad Kashmi", who holds a doctorate in electricity and computer from the University of California, and an expert in data extraction, to detect operations Fraud in U.S. banking, which started with the definition of "money laundering", said: "It is a complex process through which criminals and illegal money owners change the profile of their proceeds from criminal operations in order to conceal their criminal origin, and they believe that the money they spend is In fact, they are their own and they have acquired it legally, so that they can escape tracing, punishment, confiscation of funds and evasion of taxes. " According to the Iranian head of the Strategic Studies Center.

Sources of dirty money...

The "Kazemi Exam" section sources dirty money to:

1. Organized crime groups.

2-terrorism and financing of terrorism.

3-human smuggling.

4-drug trafficking.

5-smuggling of goods.

6-Sexual investment.

7. Arms smuggling.

8-smuggling of stolen items.

9-Corruption and bribery.              
"The instability of the economic system, the weakness of the government in controlling the economy, the diversion of investment from production to brokering, the damage to private sector activities, the prevention of healthy competition, the negative consequences in the banking sector, and the increase in inflation, are all the most important consequences Money laundering operations on the economy. "

Stages of dirty money laundering.

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Therefore, it is clear that the "money laundering" processes are in three stages: start with the bank's dirty money, followed by the establishment of a complex financial network, (meaning that the offender does not deposit all his returns in one account, but divides it on different accounts), up to the final stage, where all accounts are merged and return the money again. To the author of the criminal.

He reviewed the "Kazemi test", the statistics of dirty money around the world, and added: "According to the statistics, the amount of dirty money around the world ranges from $500 billion to $1.8 trillion, (equivalent to 2 – 5% of the world's gross national revenue).

According to some estimates, the amount of dirty money in the United States of America, 47%, and in Europe, is 30%, while the rest is at the other points of the world.

99% of the dirty money has passed through U.S. and European control systems, and 80% of this money continues to be in crime again.

The amount of dirty money in Iran, according to unofficial statistics, is equivalent to about 11.8% of the liquidity in the society.

Serious repercussions.

On the serious implications of "money laundering", Kazemi said: "The risks to the state, buyers and services must be measured. The factors that might make a state risky are: the inclusion of such a state with sanctions or similar actions by the United Nations and other international organizations and institutions, states that are classified by the Financial Action Group under a non-cooperative item, a state known by reliable sources as a patron Of terrorism, or of a high level of corruption and subversive activities. "

He reviewed the summary of the recommendations of the Working Group, saying: "Member States should abide by and apply international conventions and criminalize money-laundering operations so that officials can control the proceeds of money-laundering operations legally, apply the buyer's evaluation and Inspection System (CDD), and transaction reports Suspicious for financial institutions and some other private companies, launching a financial information unit for the purpose of obtaining suspicious transaction reports, and cooperating with other countries in the field of crime detection and inspection of money laundering... ".

Black list..

The Black Working Group list, for the first time, appeared in 2000. Any state that has not participated with this group will be part of this list. To get out of the blacklist, collaborate with this group and apply all of its recommendations.

The "Zionist entity", "Russia" and "Lebanon" were listed on the first of these black lists, while the name "Iranian Republic" was not received. It is an example of the contradiction of allegations about the behaviour of the malicious and politicized financial action group with Iran.

The aim of participation and cooperation with the Financial Action Group is to flee the "blacklist", similar to the coordination of state police administrations among them, such as cooperation in the control of the proceeds of "money laundering". Or, the Financial Action group expects States at least to share the offender's file if there is no possibility of recovering money because of the offender's nationality.

"The Financial Action Group website presents Iran and North Korea as high-risk countries (although Iran was removed from the blacklist after the signing of the nuclear deal)," said Dr. سید Jawad Kashmi, speaking on the status of the "Iranian Republic", which means cutting Full financial transactions.

An amendment to the Iranian situation, in 2016, after careful evaluation, has sent a message to the world that it is necessary to look deeper into the acceptance of any Iranian buyer, so that it is clear that the buyer is not a terrorist or close to political figures.

The objective of the "Iran" financial action Group is to bring the risk rates to the level of reasonable assessment. It seems at first glance that the ratification of the laws of the Financial Action Group is the only way to completely remove "Iran" from the "Black List".

So far, Iran has had more than a deadline to eliminate suspicions. But if the financial action group's demands are not met, Iran may return to the blacklist, a comeback that will be more difficult to get out of.

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https://kitabat.com/news/الأموال-الإيرانية-القذرة-3-حصة-المال-ا/

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Iranian dirty money (4) .. "Jawad Zarif" recognizes the spread of the phenomenon of money laundering in Iran!

 

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 Sunday, 12 May 2019

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Special: Translation - Islam Khamis Abdulbaset:

In view of the confirmed official stated statistics and identified the proportion of "dirty money" within the Iranian economy, about 81 thousand billion tomans .. it saw (writings); to open a special file on the issue of "money laundering" dirty inside the Iranian political process, and the details of the complex. .

Iranian Foreign Minister Mohammad Javad Zarif's remarks about the spread of money laundering in Iran have provoked anger and resentment from the media close to the Revolutionary Guard and some MPs. According to the site of the Iranian (Iran) opposition.

Statements made ..

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"The spread of money laundering operations in Iran is real," the foreign minister said in an interview with the news website. "They have been able to launder $ 30,000bn of Tuman once, and they have the financial ability to spend twice the budget of the State Department," he said, stressing the involvement of some individuals in the laundering of billions of trustees in Iran and the rebellion against anti-money laundering laws. To create the atmosphere. "

Zarif has repeatedly stressed that he does not accuse a specific organ. He added in another part of his remarks: "The budget of the Foreign Ministry is equivalent to 1100 billion Tuman. Which is less than the cultural budget of some cultural bodies closely related to some strong institutions. We are unable to fight the crowd. "

Secret meeting!

Muhsen Muhadian, the Revolutionary Guards' news agency, wrote: "A few weeks ago Zarif, in a secret meeting, brought the same accusations to media officials."

No reports of this meeting have yet been published, but MP Mahmoud Sadeghi, in an interview with the Al-Hayatah newspaper, attributed the reasons for some of the anti-money laundering regulations to the commissions they receive through financial transactions "According to the president's legal advisor, Iran's annual economic cycle is $ 150 billion, including $ 100 billion in revenue and 50 billion in imports. This financial cycle costs us 10% to deviate from the normal banking system approach in such transactions. Thus, 15 billion dollars are paid as commissions through illegal banks. Therefore, some opposition to the ratification of the anti-money laundering regulation stems from the concern of the decline of their commissions. "

Speculation and war statements ..

Badram Sultani, vice-president of the Chamber of Commerce, tried to point out the "money-laundering" speculations in a tweet on his personal account at the social networking site (Twitter): " Fuel, 5 billion Tuman in narcotics smuggling, 10 billion Tumen in commodity smuggling and 10 billion Tumen in illegal economy operations. "

The Foreign Minister did not clarify his intention of "strong institutions," but the news website (Mashreq News), which is close to the Revolutionary Guard, wrote: "The clear departure from his words and his continuing assertions about (some institutions) that he refers to the Revolutionary Guards."

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Fars News Agency, Mashreq News, Hossein Shariatmadari, editor of Iran's radical fundamentalist Kayhan newspaper and Ahmed Amir Abadi, a hard-line member of the presidential parliamentary body, also reacted angrily and sharply criticized the comments. Minister of Foreign Affairs, "Mohammed Jawad Zarif".

He described the location of "Mashreq News", the statements of "Zarif", stemming from "a desire to impose further sanctions on Iran."

"Why did Zarif not mention the names of those involved in money laundering?" Shariatmadari asked in an article in Kayhan newspaper. "Complicating with the money launderers is a betrayal of the nation and the regime." "What is this government, which in its banking system is laundering money for thousands of billions while the banking system is unable to detect them," he said.

Ahmed Amir Abadi described Zarif's remarks as "the big accusation" of the Iranian Republic. "These remarks are tantamount to playing in enemy territory," he said.

For his part, "Ali Reza Saleemi," a member of parliament, similar statements, and said: "Zarif's statements aimed at creating a psychological war to frighten the people."

In a more severe reaction, Jawad Karimi Qadusi, MP from Mashhad, called the "anti-revolutionary" and said: "The security services, especially the Supreme National Security Council, should be prosecuted for Mr. Zarif as a criminal in issuing statements Different against national security ".

The Tasnim News Agency, the Revolutionary Guard, has confirmed: "the participation of some MPs to collect signatures to question the Minister of Foreign Affairs on the grounds of allegations of the spread of money laundering in Iran."

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https://kitabat.com/news/الأموال-الإيرانية-القذرة-4-جواد-ظريف/

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Iranian dirty money (5) .. Revolutionary Guards and "transit drugs" Afghan!

 Monday, 13 May 2019
 
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Special: Translation - حسن عماد حسن:

In view of the confirmed official stated statistics and identified the proportion of "dirty money" within the Iranian economy, about 81 thousand billion tomans .. it saw (writings); to open a special file on the issue of "money laundering" dirty inside the Iranian political process, and the details of the complex. .

"Iran" is one of the routes of "drugs" manufactured in "Afghanistan." In the year 2017, Hishmatullah Falah Pasha, a member of the National Security Committee of the Iranian parliament, had entered the equivalent of 60 percent of the world's "drugs" across the eastern Iranian border. According to Iran Prevening.11-94-634x315-e1557706827471.jpg

Afghan drug transit!

He called on some political and judicial officials, as well as MPs, to provide safe routes within "Iran" for the "transit of drugs" Afghan. In 2006, Dre Najaf Abadi, the former Iranian attorney general, proposed signing agreements with neighboring countries to secure drug smugglers in the face of cutting off foreign aid.

The issue of the "secret harbor" and the traffic at the airports of Mehrabad and Piam continued beyond customs control until the end of Ahmadinejad's power. In the summer of 2011, after the differences between Ahmadinejad and the Revolutionary Guards, the President used the term "smuggled brothers" to tell the leaders of the Revolutionary Guards: "The Revolutionary Guard, like all institutions, controls a number of ports, But it benefits from these ports in the military and security objectives. "

In 2006, Iran's Ports and Navigation Authority announced that 55 ports out of 122 Iranian ports would be licensed and operated under customs control.

"Hishmatullah Fallah Pasha" and "Ahmad Pesh Bin", members of the National Security Committee in the eighth session of parliament, after cutting aid from international organizations to combat drug smuggling in Iran, called for a safe route to transfer drugs from Iran to the West .

"Two years ago, in an article on Iran's website, Syed Jalalullah Fayyad, a member of the media office of Ahmadinejad's government and a member of the city council of Mashhad, proposed that Iran provide" drug transit "solutions, The framework of dealing with the tears of the West crocodiles on human rights.

Parliamentary resignation reveals hidden ..880x495_cmsv2_56d902a6-5d79-5673-851f-8e

However, Iranian officials deny any involvement in the smuggling of goods and drugs, and the fact that the Revolutionary Guard controls the Iranian land and air borders; these crossings are the origin of the dirty, black, gray and bloody funds in Iran and the world!

In the text of his resignation, Mohsen Armin, the deputy of the city of Tehran in the Sixth Parliament, wrote a more precise headline for that private institution. "The annual IRGC smuggling revenues reached 12 billion dollars," he said. A figure that doubled six times in 2017, according to the head of the Anti-Money and Commodity Smuggling Organization, to $ 25 billion, or half of the imports of legal Iranian goods.

In 2005, Mohammed Ali Mushaf, a former political adviser, Mehdi Karroubi, revealed that there were 25 entry and exit ports at Mehrabad airport, which was out of customs control.

The Revolutionary Guard is responsible for controlling the Khomeini, Mehrabad and Piam international airports. According to the report of the newspaper (Iran), on September 29, 2007, the number of shipments of goods with a fake customs license issued from the airport, "Khomeini," in 2006 only, more than 500 shipments.

"Most of the smuggled goods entered the country from official ports," said Mustapha Afzali Far, a member of the National Security Committee of the parliament. The task of securing the land borders in eastern and western Iran, under Ahmadinejad, was assigned to the Revolutionary Guards.

81 thousand billion Tuman the size of dirty money ..

According to the International Monetary Fund (IMF), dirty money accounted for 11.8 percent of Iran's total liquidity in 1973- 2001. At least doubling this figure if we ignore growing corruption and smuggling compared to the previous decade, The size of the "dirty money" in Iran's economy is 81 billion Tuman.

Thus, the average size of "dirty money" in the Iranian economy is about 81,000 billion Tuman. According to the Interior Minister, this money, which is the result of the systematic and non-transparent military and doctrinal practices of the military institutions, as well as the corruption that afflicts the Iranian economy, plays a very important role in the elections and the political process, making it more difficult to combat economic corruption and making it almost impossible.n00165179-b-e1557706922179.jpg

Most "drug transit" operations are carried out at Iranian ports and international airports. It depends on the airlines operated by the IRGC intelligence to control and determine how the drugs are transported, but it should not be that easy because the IRGC does not put one of its members on the job, but when we run into an IRGC As head of Mahan, we know that the Revolutionary Guard controls this company.

Brigadier-General Karimi is the head of the Revolutionary Guard and the chief responsible for drug smuggling to Europe, the Gulf and East Asia, the board of directors of Mahan. For years, he was entrusted with the implementation of a number of intelligence tasks; his experience in directing and escorting troops outside the border to that position was entrusted to him.

Iran's increased need for money to complete its armament projects in the light of US sanctions, the implementation of criminal operations outside the border, and the targeting of a series of strikes to Western societies and countries opposed to the regime have led to the exploitation of all its political and diplomatic capabilities in the circulation and smuggling of drugs "He said.

The PRC has insisted on the implementation of this policy and the expansion of criminal operations in Southeast Asia, China, Japan, Latin America, and Africa. "" Europe "," America "and" Canada ", and to make billions of dollars annually by controlling the" drug "trade in the world.

The production and promotion of drugs as a lucrative business, as well as government "money-laundering", are linked to the economic interests of the Revolutionary Guards, and only the elimination of the "Iranian Republic" can secure this international network. According to Iran Brevening.

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Edited by Butifldrm
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  • yota691 changed the title to The Iranian Rial is recovering

The Iranian Rial is recovering

Political | 03:34 - 20/05/2019

 
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BAGHDAD ( 
Reuters) - Iran's currency on Monday recovered slightly on the black market as tensions in the Middle East between Tehran and Washington mounted. 
The transactions showed the decline of the Iranian currency to 138 thousand riyals to the dollar, after it had exceeded the level of 150 thousand riyals recently. 
Observers explain the recovery of the riyal by reducing the pace of the war of words between Iran and the United States, and the declaration of both sides not to go to war in the region.

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My simple (:facepalm3:   :facepalm3:   :facepalm3:) mental model indicates alternate financial system engagements created with the Insanians, to INCLUDE the Insanian IRGC, such as INSTEX with the Europeans or Bicraqi Iraqis/Syrial Thrillers/Insanians/Twerks would be !!!SUDDENLY!!! upended by the debut of the INTERNATIONAL Bicraqi Iraqi Dinar to prevent illicit value creation for corruption, terrorism, AND prevention of Bicraqi Iraqi reconstruction, construction, AND economic development.

 

My original opinion when entering THIS Speculative Bicraqi Iraqi Dinar Investment is THIS ALL has to do with ReEstablishing the Old, er, NEW Silk Road for PHENOMENAL ECONOMIC GENERATION DRIVEN BY MAJOR WORLD ECONOMIC POWERS. An easy thing to do is connect the dots BETWEEN China AND Europe AND back like the "good" "old" "times". THIS ALONE is a HUGE BOON for China AND Europe WITH ALL OTHERS INVOLVED. So, Pastakhan, Afghaniland, Iran, Iraq, Syria, AND Turkey ARE MINOR PLAYERS IN THE INTERNATIONAL TRADE SCHEME BUT ARE ESSENTIAL SAFE, SECURE, STABLE, AND SOVEREIGN STATES. The INTERNATIONAL TRADE HERE CAN NOT BE IGNORED when viewing the happenings on the ground OR INTERNATIONAL TRADE AGREEMENTS SUCH AS BETWEEN The United States Of America AND China.

 

The hemorrhaged historical trade imbalance BETWEEN The United States Of America AND China MUST STOP NOW PRONTO TONTO WHEN THE Old, er, NEW Silk Road IS ReEstablished OR ELSE The United States Of America WILL SUFFER CATASTROPHIC TRADE AND FINANCIAL OUTCOMES WITH China "opened" "up" AS Former President Tricky ANNOUNCED at the time around the meeting with Mousy Dung circa 1972.

 

The Old Silk Road Trade imbalance was such that the trade goods received by European AND Other Countries DRAINED THEIR GOLD THAT WENT TO China. SO...................................World War II acquiring and hoarding gold and other precious materials by the Japanese from China AND other countries were secreted away by the Japanese Golden Lilly also knows as Yamashita's Gold hidden in Countries like the Philippines AND maybe BABY Vietnam.

 

Fast forward to TODAY. HOW MUCH, pray tell, of the pre World War II gold HAS BEEN found AND repatriated to China???!!!

 

BRICS NOW???!!!

 

Well, OK, ALL THIS to say !!!SURPRISE!!! :lmao:   :lmao:   :lmao:

 

Nah.

 

Well, OK, YES!!! !!!SURPRISE!!! !!!BAM!!! !!!SUDDENLY!!! THIS ALL COMES TOGETHER AND ELI The ICE Man (:lmao:   :lmao:   :lmao:) APPEARS AND "induces", er, "powers" "up" AN ECONOMIC REVIVAL AND RENAISSANCE WITH AN INTERNATIONAL Bicraqi Iraqi Dinar!!!

 

YYYEEEAAAHHH BBBAAABBBYYY!!!!!!!!!!!!!!!!!!!!!

 

Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET 'ER BUCK!!!)!!!

:pirateship:

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  • 2 weeks later...

Iran's economy enters the cycle of death

Reports | 09:12 - 02/06/2019

 
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Mawazine News 
A report by the US Foreign Policy magazine said Sunday that Iran can no longer stand firm. US sanctions have put its faltering economy on the brink of a real disaster. 
The magazine says that Iran is no longer preparing for these developments, its plan was to pressure itself until the expiration of the custody of US President Donald Trump. 
But in the midst of accelerating developments on the ground and the United States moving its war fleet to curtail Iran, the US magazine says Tehran will not be able to wait until the end of the Trump period, because its economy is in a state of collapse. 
Because of the economic collapse, Iran has entered the most serious phase in its confrontation with the United States in four decades, and may lead to further fraud.
According to Foreign Policy, it seems that Iranian leaders have felt more than ever the danger they face, after their plan is pending the departure of Trump is useless. 
Iran's economy is expected to shrink by about 6 percent this year, at a time when the Iranian currency has lost about two-thirds of its value so far, according to the American magazine. 
The collapse is the scarcity of oil exports, which are the lifeblood of Iran's economy. 
 The failure of the European countries to comply with their commitments to continue normal trade with Tehran to compensate for the US sanctions increased this failure.

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  • yota691 changed the title to Iran's economy enters the cycle of death

I wish I would have waited. But I bought mine under the Obummer administration. Obummer was propping up Iran, so I thought it was a cant lose situation. Now that we have a President with gonads, I will be glad to take the loss if it makes America and Israel safer.

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Sky News Arabic:
Sunday, June 02
Foreign Policy: Tehran can not withstand the impact of sanctions

A report by Foreign Policy magazine said that the Iranian economy is entering the cycle of death and that Iran can no longer withstand it. The American sanctions have put its faltering economy on the verge of a real catastrophe.

The magazine says that Iran is no longer preparing for these developments, its plan was to pressure itself until the expiration of the custody of US President Donald Trump.

But in the midst of accelerating developments on the ground and the United States moving its war fleet to curtail Iran, the US magazine says Tehran will not be able to wait until the end of the Trump period, because its economy is in a state of collapse.

The collapse is the scarcity of oil exports, which are the lifeline of Iran's economy.

The failure of European countries to comply with their commitments to normal trade with Tehran to compensate for US sanctions has further exacerbated the collapse.

Because of the economic collapse, Iran has entered the most serious phase in its confrontation with the United States in four decades, and may lead to more fraud.

According to Foreign Policy, Iranian leaders seem to feel more threatened than ever before, with their plan awaiting Trump's departure futile.

The Iranian economy is expected to shrink by about 6 percent this year, while the Iranian currency has lost about two-thirds of its value so far, according to the American magazine.

It will only get worse after Washington pledges to end Iran's oil exports to zero, which means Tehran's economy is in a cycle of death that the Iranian regime has never seen before.

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  • yota691 changed the title to The Iranian Central Bank proposes three ways to cover the budget deficit

The Iranian Central Bank proposes three ways to cover the budget deficit

Political | 04:51 - 22/06/2019

 
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BAGHDAD (Reuters) - 
Iran's central bank governor Abdul-Nasser Humati al-Sabh has proposed three ways to cover the country's budget deficit. 
He stressed the need to communicate with citizens and economic activists and transparency in planning and implementation and to take responsibility towards citizens as the main parts of the good management of modern central banks. 
"He added that" in these difficult circumstances experienced by the country's economy and the temporary course I seek Because to make these things approach to the activities of the Central Bank. "
"The experience of improving the hard currency market and stabilizing the relative stability of the country's economy, which made planners to impose the maximum number of weaknesses felt as a result of this vision, is therefore natural to take this approach to how to cover the budget deficit and avoid measures that lead to a new shock to prices. A time period in which the impact of the currency shock is gradually emptied. " 
"Accordingly, the government's and the state's decision to cover the budget deficit is based on three main methods: seeking to take advantage of the different routes to export more oil, issuing government bonds, obtaining from the sources of the National Development Fund," he said.

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  • yota691 changed the title to With the intensification of sanctions on Iran .. Rising prices of food 300%
 
 
 2019/07/03 09:02:11
 

As US President Donald Trump's stifling sanctions on Iran, which have crippled Iran's economy, have almost completely paralleled, basic food prices have jumped nearly 300 percent. 
The price of potatoes was 296 percent, tomato paste 245.6 percent, onions 156 percent, tomatoes 143 percent, and sugar 119.4 percent, according to the ISNA news agency. 
The price hike was not confined to the above-mentioned foodstuffs, with sheep meat prices up 104 percent, beef 119 percent and chicken 57 percent, while the price of Iranian rice rose 65 percent.

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650 new Iranian products have joined the Iraqi consumption basket

Economy | 02:36 - 04/07/2019

 
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BAGHDAD - 
More than 650 new goods have been added to Iran's consumer basket over the past year, the Iranian trade attaché in Baghdad has announced. 
Speaking at a meeting with the head of Iraqi radio and television, Hamid Al-Husseini, Nasser Bahzad called for the importance of informing Iraqi consumers about the diversity and quality of Iranian products in light of the high energy exchange and trade cooperation between the two countries. 
Bahzad proposed the appointment of the first official agent to promote Iranian goods and products in the country

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  • yota691 changed the title to Central Bank of Iran: We can not provide hard currency
Central Bank of Iran: We can not provide hard currency

Central Bank of Iran: We can not provide hard currency

Written by: Yasser Hilali in:July 14, 2019

 

Nour News / Economic

The head of the Central Bank of Iran Abdul Nasser Hamati, said on Sunday that the bank is under intense pressure to target the local currency (riyal).

"The foreign exchange market is relatively stable as the introduction of the country's currency has been facilitated," he said at a meeting of the Central Bank's Central Economics Committee. "The central bank is not able to provide all foreign exchange needs easily," he said.

On Sunday, the Iranian currency witnessed a remarkable improvement after it suffered a severe collapse during the last period, where the value of one dollar 125 thousand riyals, after last week worth 132 thousand riyals.

"The enemy last year had a lot of planning to put pressure on the country's economy, destroying the value of the national currency and, as a result, the collapse of the Islamic Republic, but failed to achieve its evil goals," Hamati said at the meeting.

"Given the intensification of economic pressure, even our friendly countries have suffered from the difficult circumstances of working with our country, and we have tried to minimize the impact of sanctions," he said

 

"Although the central bank remains under maximum pressure as the guardian of currency and monetary union in the country, the foreign exchange market is concerned that: the shock to the Iranian currency has had effects and consequences must be controlled gradually, noting that The impression that the central bank is able to meet all foreign exchange needs easily in the current situation is "incorrect".

He stressed the importance of controlling the inflation and liquidity rate in the country, to maintain the value of the national currency, and continued: "We welcome the unified price of the currency" although that step will not bring positive results in light of the current economic crisis.

The Iranian government sets the foreign exchange rate at a lower rate than the free market, which usually controls the value of the exchange market because of the government's failure to meet Iran's hard currency needs such as the dollar and the euro.

 

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32 minutes ago, pokerplayer said:

 

Hi @screwball. What makes you think they are in secret talks ? While I agree they must do something, its just a matter of what and when, which happen to be 2 Huge items.

 

  pp

Well I read they were in secret talks I was told that the us under trump and launched missile strikes on Iran nuclear missile facility early on in his presidency. Apparently Iran had a secret facility in Syria avoiding inspectors! 

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Iran "disappeared" billion euros earmarked for import

Economy | 09:33 - 21/07/2019

 
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Reuters) - A billion euros ($ 1.12 billion) earmarked for imports of medicines and commodities has "disappeared," the head of the office of Iranian President Hassan Rowhani said in a speech to ministers of industry, agriculture and public health. 
Mahmoud Faisi, head of the office of the Iranian presidency, asked in the letter to explain what happened to the imports promised by those who received foreign currency at the government exchange rate, the Sunday Post reported on Sunday. 
Due to the sharp devaluation of the Iranian currency in recent years, the government now allocates foreign currencies at cheaper exchange rates for importers of medicines, foodstuffs, raw materials and other commodities that are already approved. 
These importers are obliged to purchase and transport goods previously approved to Iran.
The official exchange rate in Iran is 42,000 riyals against the dollar, but the market price is about 130,000 riyals against the dollar at the beginning of July, according to the Jerusalem Post. 
The official price is aimed at protecting Iranian consumers from sharp jumps in prices because of US sanctions on Iran. 
But Vaisy said about 849 million euros earmarked for the import of "commodities" and another $ 130 million earmarked for drugs, which were granted to companies, had "disappeared", according to the daily Al Sharq. 
He accused 20 companies of not importing the goods they promised to bring to the country legally. 
The head of the presidential office also sent the letter to the Central Bank of Iran and demanded legal action on the issue.
Health Minister Said Namaki has reportedly arrested a group of ministry officials for complicity in corruption plots involving the import of medicines and medical equipment, the Jerusalem Post said. 
Some importers had received 2 million euros to import heart pumps, but they instead imported electric cables and fled the country, he said. 
Earlier in July, Radio Farda reported that Iran had spent government funds earmarked for essential medical supplies on cigarette imports. 
$ 170 million has been allocated from the government-subsidized currency to import tobacco, while another $ 16 million has been allocated for the import of cigarette paper, according to Deputy Health Minister Alireza Reissi. 
The money was supposed to be spent on importing basic medical supplies, he said

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