#iran-economy

#iran-economy

The state-imposed blackout has disconnected Iranians from the world and choked off businesses. Tehran, Iran Iran's economic outlook appears increasingly grim more than three weeks after the start of what became one of the most comprehensive and prolonged state-imposed internet blackouts in history, impacting a population of more than 90 million people. Iranian authorities abruptly cut off all communications across the country on the night of January 8,

As demonstrators flood Iranian streets in ongoing protests which started late last month, United States President Donald Trump has threatened military intervention, arguing that he wants to help protesters. He wrote in a post on his Truth Social platform on Saturday: Iran is looking at FREEDOM, perhaps like never before. The USA stands ready to help!!! He has since echoed those sentiments in other public statements.

Iranians are further squeezed every day amid a tanking economy, an energy crisis, water bankruptcy and lethal pollution. Several protests have erupted in downtown Tehran after business owners closed down their shops in reaction to a free-falling national currency, and no improvement appears in sight amid multiple ongoing crises. Shopkeepers near two major tech and mobile phone shopping centres in the capital's Jomhouri area closed their businesses and chanted slogans on Sunday,

They include an arms embargo, asset freezes and travel bans, and nuclear, missile and banking sanctions that are expected to impact all sectors of the beleaguered Iranian economy, as most of over 90 million people pay the price over the coming months. The sanctions are binding for all member states, to be enforced using nonmilitary measures. Iran's turbulent regional situation has some fearing more military strikes by Israel and the United States,