{"id":2490,"date":"2018-06-13T10:13:48","date_gmt":"2018-06-13T10:13:48","guid":{"rendered":"https:\/\/iranfreedom.org\/en\/?p=2490"},"modified":"2018-06-13T17:26:38","modified_gmt":"2018-06-13T17:26:38","slug":"economic-crises","status":"publish","type":"post","link":"https:\/\/iranfreedom.org\/en\/reports\/2018\/06\/economic-crises\/2490\/","title":{"rendered":"Dire economic conditions take the people into the streets of Iran"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<!--?xml encoding=\"UTF-8\"--><html><body><p>As <a class=\"twitter-hashtag pretty-link js-nav\" dir=\"ltr\" href=\"https:\/\/twitter.com\/hashtag\/Iran?src=hash\" data-query-source=\"hashtag_click\"><b>Iran<\/b><\/a>\u2018s economic <a href=\"https:\/\/iranfreedom.org\/en\/2018\/06\/12\/crisis-iran\/\">crises<\/a> increase, reports indicate the prices of vehicles are skyrocketing with each passing day. Some are saying auto prices are \u201cexploding.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">As <a href=\"https:\/\/twitter.com\/hashtag\/Iran?src=hash&amp;ref_src=twsrc%5Etfw\">#Iran<\/a>'s economic crises increase, reports indicate the prices of vehicles are skyrocketing with each passing day.<br>Some are saying auto prices are \"exploding.\" <a href=\"https:\/\/t.co\/4cxJQLZpnL\">pic.twitter.com\/4cxJQLZpnL<\/a><\/p>\n<p>\u2014 People's Mojahedin Organization of Iran (PMOI\/MEK) (@Mojahedineng) <a href=\"https:\/\/twitter.com\/Mojahedineng\/status\/1006512597678678022?ref_src=twsrc%5Etfw\">June 12, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><a href=\"https:\/\/english.mojahedin.org\/i\/iran-prices-dollar-gold-cones-cars-the-rise\"><strong>Iran: Prices of U.S. dollar, gold cones &amp; cars on the rise<\/strong><\/a><\/p>\n<p>Several weeks before the first round of U.S. sanctions kick in, reports from inside Iran indicate the prices of the U.S. dollar, gold \u201cBahar Azadi\u201d coins and cars are on the rise significantly.<\/p>\n<p>On Monday in Tehran\u2019s currency market the U.S. dollar price witnessed another surge, reaching 69,000 rials.<\/p>\n<p>The price of Iran\u2019s \u201cBahar Azadi\u201d gold coins has recently surpassed the 25 million rial mark ($5,950), showing a 4 million rial (19 percent) increase in comparison to the week before.<\/p>\n<p>Car prices have also increased in the past ten days. Reports indicate these hikes range from 20 million to a whopping 400 million rials ($475 \u2013 $9,525).<\/p>\n<p>The state-run Asre Iran website said these price hikes are in response to a number of foreign car companies, including Peugeot, Citroen and Hyundai exited Iran\u2019s market.<\/p>\n<p>Peugeot 2008, the first vehicle manufactured in a joint effort between this company and the Iranian regime under a recent agreement, witnessed a price increase of 250 million rials ($5,950). The limited production of these vehicles are the reasons behind this price hike, the Asre Iran website claimed.<\/p>\n<p>Some economic analyst also believe the increase in the exchange rate and the prices of some goods should be associated to rising inflation in Iran, which is due to the regime\u2019s inefficiency and irregularities in its budget.<\/p>\n<p>Many Iranians are now investing in gold following the failure of several financial institutions to deliver the interest they promised their customers.<\/p>\n<p>As <a class=\"twitter-hashtag pretty-link js-nav\" dir=\"ltr\" href=\"https:\/\/twitter.com\/hashtag\/Iran?src=hash\" data-query-source=\"hashtag_click\"><b>Iran<\/b><\/a>\u2018s economic crises increase, reports indicate the prices of vehicles are skyrocketing with each passing day. Some are saying auto prices are \u201cexploding.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-2493\" src=\"https:\/\/iranfreedom.org\/en\/wp-content\/uploads\/2018\/06\/download-min-300x188.jpg\" alt=\"\" width=\"300\" height=\"188\" onerror=\"this.src='https:\/\/iranfreedom.org\/en\/wp-content\/themes\/hello-elementor\/images\/broken-image-placeholder.gif';this.srcset='https:\/\/iranfreedom.org\/en\/wp-content\/themes\/hello-elementor\/images\/broken-image-placeholder.gif';\" srcset=\"https:\/\/iranfreedom.org\/en\/wp-content\/uploads\/2018\/06\/download-min-300x188.jpg 300w, https:\/\/iranfreedom.org\/en\/wp-content\/uploads\/2018\/06\/download-min-768x480.jpg 768w, https:\/\/iranfreedom.org\/en\/wp-content\/uploads\/2018\/06\/download-min.jpg 800w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p class=\"uk-article-title\"><a href=\"https:\/\/www.ncr-iran.org\/en\/news\/iran-protests\/24882-iran-hundreds-of-steel-workers-in-ahvaz-chant-detained-workers-must-be-freed\"><strong>IRAN: Hundreds of Steel Workers in Ahvaz Chant \u201cDetained Workers Must Be Freed\u201d<\/strong><\/a><\/p>\n<p>After at least 36 steel workers were arrested last night (Monday, June 11) in Ahvaz, south-west Iran, on Tuesday hundreds of workers protested outside the Governor\u2019s Office chanting \u201cDetained workers must be freed.\u201d<\/p>\n<p>Despite the mass arrests of Monday night and the heavy presence of the regime\u2019s suppressive security forces, the workers rallied on the street outside the governorate of Khuzestan Province.<\/p>\n<p>According to reports received today, the regime\u2019s suppressive security agents attacked today\u2019s protest and arrested at least 10 more workers.<\/p>\n<p>Also, on Monday steel workers of Ahvaz demonstrated in the city center with chants against the mullahs\u2019 regime.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-medium wp-image-2495\" src=\"https:\/\/iranfreedom.org\/en\/wp-content\/uploads\/2018\/06\/steel-workers-in-Ahvaz--300x188.jpg\" alt=\"\" width=\"300\" height=\"188\" onerror=\"this.src='https:\/\/iranfreedom.org\/en\/wp-content\/themes\/hello-elementor\/images\/broken-image-placeholder.gif';this.srcset='https:\/\/iranfreedom.org\/en\/wp-content\/themes\/hello-elementor\/images\/broken-image-placeholder.gif';\" srcset=\"https:\/\/iranfreedom.org\/en\/wp-content\/uploads\/2018\/06\/steel-workers-in-Ahvaz--300x188.jpg 300w, https:\/\/iranfreedom.org\/en\/wp-content\/uploads\/2018\/06\/steel-workers-in-Ahvaz--768x480.jpg 768w, https:\/\/iranfreedom.org\/en\/wp-content\/uploads\/2018\/06\/steel-workers-in-Ahvaz-.jpg 800w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p class=\"uk-article-title\"><a href=\"https:\/\/www.ncr-iran.org\/en\/news\/economy\/24883-why-foreign-investors-avoid-iran-s-market\"><strong>Why Foreign Investors Avoid Iran\u2019s Market?<\/strong><\/a><\/p>\n<p>While Iran\u2019s economy desperately needs macro investments, the official figures show that even the 2015 nuclear deal, aka JCPOA, has failed to pump necessary capital into the country\u2019s economic arteries.<\/p>\n<p>Meanwhile, the consequences of the US withdrawal from the deal will make it even more difficult for the Iranian regime to absorb foreign investors.<\/p>\n<p>the United States has threatened to punish companies and banks that keep trading or cooperating with the Iranian regime, a punishment that would involve heavy financial fines and cutting access to the United States\u2019 financial system as well.<\/p>\n<p>Under such circumstances, it\u2019s not conceivable that European banks are willing to take the risk of doing financial transactions with the Iranian regime.<\/p>\n<p>So, it\u2019s quite predictable that it would be more difficult than ever for the Iranian regime to absorb foreign capital with the sanctions re-imposed and regime\u2019s banks once again disconnected from the international financial network.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-medium wp-image-2497\" src=\"https:\/\/iranfreedom.org\/en\/wp-content\/uploads\/2018\/06\/Irans-economy.-300x188.jpg\" alt=\"\" width=\"300\" height=\"188\" onerror=\"this.src='https:\/\/iranfreedom.org\/en\/wp-content\/themes\/hello-elementor\/images\/broken-image-placeholder.gif';this.srcset='https:\/\/iranfreedom.org\/en\/wp-content\/themes\/hello-elementor\/images\/broken-image-placeholder.gif';\" srcset=\"https:\/\/iranfreedom.org\/en\/wp-content\/uploads\/2018\/06\/Irans-economy.-300x188.jpg 300w, https:\/\/iranfreedom.org\/en\/wp-content\/uploads\/2018\/06\/Irans-economy.-768x480.jpg 768w, https:\/\/iranfreedom.org\/en\/wp-content\/uploads\/2018\/06\/Irans-economy..jpg 800w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>As Iran\u2018s economic crises increase, reports indicate the prices of vehicles are skyrocketing with each passing day. Some are saying auto prices are \u201cexploding. As #Iran&#8217;s economic crises increase, reports indicate the prices of vehicles are skyrocketing with each passing day.Some are saying auto prices are &#8220;exploding.&#8221; pic.twitter.com\/4cxJQLZpnL \u2014 People&#8217;s Mojahedin Organization of Iran (PMOI\/MEK) [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":2499,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pgc_sgb_lightbox_settings":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-2490","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reports"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dire economic conditions take the people into the streets of Iran - Iran Freedom<\/title>\n<meta name=\"description\" content=\"As Iran&#039;s economic crises increase, reports indicate the prices of vehicles are skyrocketing with each passing day. 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