mehrnews.com
foxbusiness: Iran’s currency fell to a new record low on Sunday, plummeting to 600,000 rials to the dollar for the first time in history as the country’s economy continues to be roiled by nationwide anti-government protests and international sanctions.
Iranians’ purchasing power has been decimated by inflation, which reached an annual rate of 53.4% in January – up from 41.4% two years according to the country’s statistics center. The dire economic circumstances have wiped out the life savings of many and caused Iranians to form long lines at currency exchange offices in recent days in an effort to acquire increasingly scarce dollars.
In World
-
A new Gallup poll reveals a growing desire among Americans for a swift resolution to the Russia-Ukraine war, which has now exceeded two years in duration. Half of the respondents expressed support for ending the conflict quickly, even if it means Ukraine does not regain all its lost territories—a 7-point increase from March 2024. Support for rapid resolution had previously held steady at 43% since October 2023.
-
Senior U.S. diplomats met on Friday with Syria's new de facto ruler, Ahmad al-Sharaa, in Damascus, holding what was described as a "good" and "very productive" meeting to discuss the country’s political transition. The U.S. delegation also announced the withdrawal of a $10 million bounty previously placed on al-Sharaa’s head.
-
Russian President Vladimir Putin on Thursday suggested a missile 'duel' with the United States that would show how Russia's new Oreshnik hypersonic ballistic missile could defeat any U.S. missile defence system.
-
The United States said on Wednesday it was imposing new sanctions related to nuclear-armed Pakistan's long-range ballistic-missile program, including on the state-owned defense agency that oversees the program.
Leave a review