• $
  • €
  • ₽
  • ₺
  • £

ISW: Iran' failure to address workers’ demands will likely fuel further economically motivated strikes and protests

ISW: Iran' failure to address workers’ demands will likely fuel further economically motivated strikes and protests
02.05.2023 11:00
Increasingly dire economic conditions in Iran require fundamental economic reform, not symbolic and superficial solutions, said the US Institute for the Study of War (ISW)

The Iranian rial depreciated to 556,500 rials to one US dollar on May 1, marking a nearly 10-percent reduction in the value of the rial in the past month. The Financial Times separately reported on May 1 that the Statistical Center of Iran has withheld publishing national inflation data for two months, possibly to conceal evidence of increasing prices. The Financial Times added that Iran’s inflation rate may have surpassed 49 percent, the highest ever recorded inflation rate in Iran, within the past two months.

According to ISW, the regime’s failure to address workers’ demands will likely fuel further economically motivated strikes and protests, which may in turn exacerbate Iran’s economic situation by disrupting production and economic transactions. Regime officials and employers have responded to workers’ demands for better living conditions with repression instead of empathy.

www.anews.az
Instagram
Go
Similar news
Similar news
Azerbaijan expresses condolences to UAE over road crash that killed 14
World 17:00
Azerbaijan expresses condolences to UAE over road crash that killed 14
Southern Iranian city of Sirik hit by attack, state media says
World 10:00
Southern Iranian city of Sirik hit by attack, state media says
Russia warns Armenia of heavy losses if it exits CSTO bloc
World 16:00
Russia warns Armenia of heavy losses if it exits CSTO bloc
Iran parliament speaker says US blockade disrupts food and medical supplies
World 11:01
Iran parliament speaker says US blockade disrupts food and medical supplies
Belarus urges restricting Armenia's access to classified CSTO documents
World 10:30
Belarus urges restricting Armenia's access to classified CSTO documents
U.S. moves to block Iran's military transit routes in Caspian Sea
World 09:30
U.S. moves to block Iran's military transit routes in Caspian Sea
Ukraine and Russia weigh major prisoner swap in Abu Dhabi
World 14:30
Ukraine and Russia weigh major prisoner swap in Abu Dhabi
Vance dismisses Hegseth impeachment bid as ridiculous show
World 12:00
Vance dismisses Hegseth impeachment bid as ridiculous show
Israel demands immediate disarmament of Hamas in Gaza
World 11:34
Israel demands immediate disarmament of Hamas in Gaza
Anews TV

Our official Youtube channel

Subscribe