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Federal Bank forced to hike rates as inflation worsens over US war on Iran
Washington’s war on Iran continues to backfire disastrously on its own economy, creating massive pain for the average American.
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Kazakhstan government resigns amid mass protests over fuel price hike
Kazakh President Kassym-Jomart Tokayev has accepted the government's resignation after a wave of unprecedented protests that swept the oil-rich Central Asian country over fuel price hikes.
ENERGY
Iran raises electricity prices for heavy consumers
Iran’s energy minister says biggest users will pay 14,000 RLS ($0.046) per kwh of electricity.
ECONOMY
Iran orders fresh 50% wage hike for nurses
Iranian government raises wages for nurses by 50% for a second time during the pandemic.
ECONOMY
CBI raises deposit rate to ease pressure on rial
Iran’s central bank raises its key interest rate amid efforts to bolster national currency rial.
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