The economic distress is in part the result of the economic sanctions, especially on the sale of Iranian oil, imposed by the United States since May 2018. Jobs are scarce. Iran Economy in Collapse Details Published: Wednesday, 08 July 2020 Twitter. Prices for food and other necessities are skyrocketing. Real Economy Target World ... Hossein Dehghani: The collapse of the Iran Nuclear Deal 5 years on would be a failure of EU values.

October 15, 2019 Iran’s economy is on the verge of a complete collapse due to a combination of US sanctions and the rampant corruption of regime officials. The belief found among non-professionals that Iran, having been subjected to US sanctions repeatedly since the Islamic Revolution, is now accustomed to isolation and immune to further sanctions, is, of course, false. The Iranian national currency is declining in value rapidly against the US dollar, with $1 worth 21,700 tomans on the Iranian market at the time of writing, compared with 18,800 tomans on June 19. News: Economy Mahmoud Hakamian-9th May 2020. 05 (MNA) – Underling the ability of the CBI in controlling forex rates and in the fight against enemies' psychological warfare, the Iranian President assured on Sunday that the country's economy will not collapse. Iran Economy in Collapse Details Published: Wednesday, 08 July 2020 Twitter. „Iran is one of the hardest hit countries from COVID-19, with more than 80,000 confirmed cases and more than 5,000 fatalities. Iranian regime is currently in the process of re-opening business activities despite still being amid the worst coronavirus outbreak in the Middle East. Real Economy Target World ... Hossein Dehghani: The collapse of the Iran Nuclear Deal 5 years on would be a failure of EU values. Iran has also concluded that escalating tensions with the United States could provoke armed conflict which, aside from being painful for Iran, could benefit Mr. … Six months after the US sanctions came into effect, Iran's economy appears to be struggling. From the income of the workers to the small incomes of the deprived classes, they are all part of the looting by the ruling class. Iran not to witness economic collapse: Rouhani TEHRAN, Jul. Still, economic resiliency is an enabling factor for diplomacy. Iran’s Economy Is Crumbling, but Collapse Is a Long Way Off Things will only get worse under Trump’s sanctions, but China, India, and other countries are still defiantly buying oil. Iran not to witness economic collapse: Rouhani TEHRAN, Jul.