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Reviewing Steve Hanke's claim about Iran's inflation rate
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Reviewing Steve Hanke's claim about Iran's inflation rate

Steve Hanke, an economics professor in Johns Hopkins University, believes that the annual inflation rate in Iran is currently at 151 percent. Meanwhile, the Statistical Center of Iran announced the inflation rate at 8.7% for the 12-month period until July, and the Central Bank of Iran reported the inflation rate to be at 10.2% for the same period. There is a great difference between the inflation rate announced by the Iranian authorities and that of Hanke's.

Iran exports increase by 16 percent
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Iran exports increase by 16 percent

The Head of the Iran Export Confederation, Mohammad Lahouti, has announced a 16 percent increase in Iranian exports for the current year, saying: “Exports to the UAE have increased by 43 percent, which is rather significant. Iran’s least exports have been to South Korea and more attention must be given to this area.”  

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Tesla and Volvo seek out 10-year old Iranian inventor


The young 10-year old Iranian boy, Hossein Atayi Sangrudi from Karaj has already 16 inventions in his portfolio. Six of these are in the process of being registered. His inventions include the VTOL three-modality drones, gunboats, office furniture, miniature sprayer, multipurpose control for smart TVs, and so on.

Iran, US should opt long term relations


In an interview with Persia Digest, Adib-Moghaddam said: It is imperative that Iran gets even closer to the EU, not least to keep the communication with Washington going, and to minimize misperceptions.

German Schiller Group Concert in Tehran


The German Schiller Group Concert is taking place in Tehran for the first time. Christopher von Deylen, will be traveling to Tehran with his Group for the first time in mid-December to stage a concert at the Hall of the Ministry of the Interior over two nights on 11-12 December, at 21h30.  

Imran Khan comes to Iran on first trip in office


Pakistan’s Prime Minister elect , Imran Khan, is planning to travel to Iran on his first official trip in office. This will take place after his inaugural ceremony on 18 August.

No need for embassies for a trip to Iran


The Head of Iran’s Cultural Heritage and Tourism Organization announced: “Tourists are no longer required to go to Iranian embassies for visas. They can apply online and travel to Iran once their application has been reviewed.”

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Iranian artist painted the Berlin wall


The Berlin Wall was erected in 1961, dividing the city in two eastern and western sides for 28 years. At the end of the Cold War, when the wall fell in 1989, artist of Iranian origin, Kani Alavi, took on the managing of 118 artists from 21 countries, transforming the wall into one of the world’s largest galleries with paintings and graffiti. The main theme here is freedom, solidarity, equality, and peace.

Quercus pulls plug on Iran's solar plant


Reuters reports that British renewable energy investor Quercus said it will stop building a 500 million euro (445.8 million pounds) solar power project in Iran due to recently imposed U.S. sanctions on Tehran.

Iran-Austria enhance renewable energy projects


Sputnik writes that Austrian Ambassador to Tehran Stefan Schulz said on Tuesday that Austria was planning to foster its ties with Iran in water resources, renewable energy, and sustainable tourism.

Oil price war is reignited


Tsvetana AParaskova writes in Oil Price that the rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil.

A night to remember with ADS DS musicians


On 13 August 2018, at 21h30, the concert titled “A song from another world” began playing in Vahdat Hall in Tehran with a band of musicians with autism and down syndrome, for an audience that included figures such as Loris Tjeknavorian and Kambiz Derambakhsh.