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Tag: Iran economy

Iran loosens import restrictions on foreign cars and iPhones, trying to mask its economic woes

Posted on February 12, 2025 By admin
Iran loosens import restrictions on foreign cars and iPhones, trying to mask its economic woes

The curbs had forced Iranians to go for locally-produced vehicles long derided as ‘death wagons’. | Photo Credit: AP All architecture student Amirhossein Azizi wanted for his 19th birthday was the latest iPhone — and for Iran’s cash-strapped theocracy, it was just the gift they needed as well. Just buying a top-of-the-line iPhone 16 Pro…

Read More “Iran loosens import restrictions on foreign cars and iPhones, trying to mask its economic woes” »

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