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آبان

Is Iran’s Ahmadinejad losing chance for vote win

Hardline President Mahmoud Ahmadinejad’s failure to share out Iran’s oil income more fairly has raised doubts over his chance of securing a second-term in next year’s election.

Instead of ushering in the era of “economic prosperity” he promised in 2005, Ahmadinejad presides over an Iran which may struggle to balance its books despite enjoying windfall oil earnings for much of his first term, analysts say.

Political setbacks, including parliament’s sacking of the interior minister, a close ally to Ahmadinejad, over a forged degree have further dented the popularity of a president who has championed the poor and pledged to clean up government.

But, with most Iranians grumbling about inflation of more than 29 percent and unemployment, ادامه مطلب …

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مهر

Iran’s foreign assets reach $129bn

Foreign assets held by Iran’s banking system have surged to $129bn on the back of high oil prices according to the Central Bank of Iran.

According to the latest report by the Central Bank of Iran (CBI), the figure marked a 29 percent growth compared to the corresponding figure, 972,850 billion rials ($100 billion), for last year.

An earlier CBI report said that Iran’s income from oil and gas exports topped $81 billion ادامه مطلب …

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