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Report: Iran registers highest monthly inflation figure since 1979

By
IFP Editorial Staff
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Iran Economy

The figure announced by the Statistical Center of Iran is an 8.7 percent jump compared to the previous month and is the highest monthly inflation recorded in the country since the Islamic Revolution of 1979.

Iran’s former monthly inflation record was 7.24 percent that was registered in 1995.

Based on the center’s report, the monthly inflation figure has been worse for rural households. They saw their costs surge by 18.1 percent in the month of Khordad.

Iran’s annual inflation now stands at 52.5 percent.

The country has been struggling to curb two-digit inflation figures for the past couple of years.

But the recent jump in the prices are triggered by the widely-criticized decision of the government to end allocation of the preferable US dollar to imports of necessities that multiplied the prices of such products as frying oil and dairies.

Iran’s foreign trade hits $25.5bn in the first quarter

By
IFP Editorial Staff
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Iran Trade

The administration’s director says Iran also recorded a positive trade balance of 605 million dollars in the period.

“In the first quarter of the year, almost 36 million tons of goods worth 25.5 billion dollars were traded between Iran and other countries, which is a 19.5 percent rise in foreign trade in the spring,” Alireza Moghaddasi says.

“The share of Iran’s exports in the foreign trade is 27.7 million tons of goods worth 13.06 billion dollars, which is a 21 percent rise compared to the spring of the previous year.”

He further explained that China, Iraq and Turkey were the three top destinations for Iranian exports purchasing Iranian products worth 14.21, 1.82, and 1.73 billion dollars, respectively.

Moghaddasi added that the United Arab Emirates, China and Turkey were also the main suppliers of goods to Iran in the first quarter of the year.

The official also talked about Iran’s foreign transit during the period, saying 6.676 million tons of foreign products were transported through Iran in the spring, which is a 32 percent jump compared to the previous year.

He described the figure as a “key achievement”.

Iran Red Crescent ready to send aid to Afghanistan’s quake zone

By
IFP Editorial Staff
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Afghanistan’s quake

Pirhossein Koulivand said Iran’s Red Crescent Society can provide medical assistance for the quake-hit Afghans.

Iranian search and rescue teams and healthcare staff affiliated with the Red Crescent Society are on high alert in case they are ordered to be deployed to Afghanistan.

The 6.1 in eastern Paktika province has killed more than one thousand people and wounded hundreds more, while many are unaccounted for.

It has also destroyed or heavily damaged large numbers of houses and buildings.

Iran records 256 new Covid cases, 3 deaths

By
IFP Editorial Staff
-
COVID in Iran

The number of deaths from the coronavirus pandemic in Iran increased to 141,373 with three more Iranians killed by the deadly disease over the past 24 hours, Iran’s Health Ministry said on Wednesday.

265 new cases of infection with the COVID-19 were found over the past 24 hours, 67 of whom were hospitalized, it added.

The Iranian Health Ministry noted that 7,060,989 patients out of a total of 7,235,440 infected people have recovered or been discharged from hospitals.

251 COVID-19 patients are in critical conditions and in intensive care units, it added.

The health ministry also said 64,619,286 Iranians have received the first dose and 57,963,187 people have so far received the second dose of the COVID-19 vaccine.

Moreover, 27,690,678 people have also received the third shot as the booster jab.

Iranian VP says MPs withdraw support for minister of industries impeachment

By
IFP Editorial Staff
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Iran Parliament

Seyyed Mohammad Hosseini added that the letter of impeachment had been signed by 36 lawmakers but 20 of them have withdrawn their support for the motion as of yesterday (Tuesday).

The Iranian vice president underlined that it is no time for impeachment. Earlier, an MP said that parliament’s presiding board had agreed to the impeachment and that the motion had been referred to the relevant commission.

The minister, Reza Fatemi-Amin, has been under fire for his handling of industries in Iran, particularly the auto-industry.

Car prices have been soaring since last year despite many efforts by the ministry of industries mines, and commerce to bring them under control. This is while the Iranian auto makers have been criticized for the low quality of their products including by Leader of Iran’s Islamic Revolution Ayatollah Seyyed Ali Khamenei.

President Raisi hails healthcare staff for their efforts in fighting Covid

By
IFP Editorial Staff
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Iran President Ebrahim Raisi

Speaking at a cabinet session on Wednesday, Presi9dent Raisi said the efforts of the doctors and nurses to fight the disease served as an example of bringing hope to society.

The president noted that the reopening of businesses and creation of vitality in the country became possible only thanks to people’s cooperation and the efforts of the healthcare staff, especially those who were martyred.

Raisi referred to the decrease in the number of Covid deaths and infections and the zero daily death toll, saying the efforts of the healthcare workers must be appreciated.

Earlier, Raisi had quoted the president of Gilan University of Medical Science as saying Basij volunteer forces were reaching the healthcare staff how to pacify people during the fight against the virus.

The head of Iran’s Nursing Association criticized him over the matter, urging the president to apologize to defenders of people’s health who made many sacrifices during the Covid pandemic. Covid-19 reached Iran over two years ago.

The disease killed hundreds of people daily during its peak. Many of the deaths were healthcare staff who had braved the danger from the potentially deadly disease to help with the fight to contain the pandemic.

Covid has killed over 141,000 people in Iran.

Israeli Knesset votes to dissolve

By
IFP Media Wire
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Israeli Knesset

The Knesset voted to dissolve in a preliminary reading of a bill expected to be finalised next week, after which the centrist Foreign Minister Yair Lapid will take over from Prime Minister Naftali Bennett at the head of an interim government.

Lapid, who with Bennett ended Benjamin Netanyahu’s record reign a year ago by forming a rare political alliance of rightists, liberals and Arab parties, has cast the upcoming election as a battle between moderates and Netanyahu-embraced extremists.

Netanyahu, presently Israel’s opposition leader, was delighted by Bennett and Lapid’s move to disband what he has called the worst government in Israel’s history, hoping to break his own record and win a sixth term in office.

Four polls published on Tuesday found Netanyahu’s right-wing Likud party and its likely allied nationalist and ultra-religious parties as leading the polls, but still short of a governing majority in Israel’s 120-seat Knesset.

Their rivals, on the left, right and centre, have vowed to prevent a return to power by Netanyahu, who is on trial on corruption charges that he denies.

Iran’s Covid-19 vaccine cargo arrives in Nicaragua

By
IFP Editorial Staff
-
Iran’s Covid-19 vaccine

Nicaragua’s Vice President Rosario Murillo announced the first consignment containing 200 thousand doses of vaccine reached Nicaragua.

Iran’s Ambassador to Nicaragua Majid Salehi and Nicaraguan Health Minister Martha Reyes Alvarez were present at the ceremony to receive the jabs.

Over 90 percent of the population in Nicaragua has received the first dose of the Covid vaccine and nearly 85 percent are fully vaccinated.

Iranian Health Ministry officials say MCOVIran Barakat, one of the several Covid-19 vaccines produced in Iran, prevents coronavirus-related deaths up to 98 percent.

Advisor to Iran Leader: Diplomacy cannot resolve conflict with Israel

By
IFP Editorial Staff
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Ali Larijani

Ali Larijani made the remark in a ceremony to unveil a book titled “The Secret War With Iran; Half a Century of Failure” written by Iranian journalist Abbas Salimi Namin which sheds light on the claims made by Israeli military affairs analyst Ronen Bergman.

As highlighted by Bergman, the conflict between Iran and Israel stems from the strategic depths of both sides, Larijani noted.

He added Ronen Bergman’s book and the claims made on the 1979 Islamic Revolution in Iran are not based on evidence, so the book is reduced to a fiction.

Larijani said the late Founder of Iran’s Islamic Republic Imam Khomeini and the Revolution changed the map in the Middle East and what Bergman is driving at is the fact that the Islamic Revolution has been a major block for Israel and the US to achieve their goals in the region.

Analyst: Biden using Saudi trip as platform to win 2nd term

By
IFP Editorial Staff
-
US President Joe Biden

During his trip next month, Biden is expected to demand support from Riyadh to improve the energy market in the US in order to bolster his much-needed popularity rate for the next presidential election, Amir Ali Abolfath told the Iranian Students News Agency (ISNA).

As American consumers feel the pinch of rising energy prices, Biden has called on US allies including Saudi Arabia to increase production.

Iran’s influence in the region and wooing the Saudi kingdom to normalize ties with Israel under the so-called Abraham Accord are the other goals Biden is expected to push, according to Abolfath.

Although Biden is under heavy criticism for ignoring the bleak human rights record in Saudi Arabia, with the brutal assassination of dissident Saudi journalist Jamal Khashoggi, and the Saudi-led devastating war on Yemen, the prospects for completely reaching the goals are dim, the analyst said.

As a presidential candidate, Biden vowed to punish the kingdom for the murder of Khashoggi.

Abolfath stressed Riyadh and Washington have always been so dependent on each other that regardless of the political developments in the world, their relationship has remained unaffected, explaining the US supports Saudi Arabia with military equipment and Riyadh in return manages the energy markets.

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