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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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Run Rostam Run in Italy and Australia


The short animation “Run Rostam Run” by Hossein Molayemi, has been screened at two international festivals in Italy and Australia.

Zangeneh pressing OPEC for quotas


Irina Slav writes in Oil Price that Iran’s Oil Minister Bijan Zanganeh will attend the September meeting of the Joint Ministerial Monitoring Committee of OPEC and Russia and will probably press his OPEC partners to preserve original member production quotas, S&P Global Platts reports, quoting an Iranian oil ministry official.

America not safer for Iran sanctions


David Andelman writes in CNN don't count on sanctions to drive Iran to Donald Trump's bargaining table. Bill Clinton tried that gambit 20 years go. It led to a decade of grief and misery for the Iranian people and set the world even closer to a nuclear-armed Iran.

Iran will make a deal


Dennis Ross writes in Foreign Policy that even in its afterlife, the Iran nuclear deal continues to polarize. Those who supported the agreement proclaim loudly that Iran will never negotiate any adjustment to it, while its opponents argue U.S. President Donald Trump’s decision to pull out of it will produce a better deal.

Zarif explains Iran’s share of the Caspian


The Iranian Foreign Minister has reiterated: “The Caspian Sea Convention not only protects our territorial integrity, it also expands friendly ties with our northern neighbors.”