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Damage

  • EghtesadOnline: Rescue packages introduced in the US and European countries following the coronavirus outbreak are designed to make compliance with social-distancing order possible for people and business-owners instead of providing compensation for those hit by the pandemic, a former senior aide to President Hassan Rouhani says.

  • EghtesadOnline: Heavy rains that began Monday have led to flash floods in the west and southwest of Iran, causing damage to infrastructure in some provinces.

  • EghtesadOnline: Chronic inflation, which stems from economic imbalances, ruins economic growth, Masoud Nili, a prominent economist and professor of economics at Sharif University of Technology, says.

  • EghtesadOnline: A blaze at the historic Tabriz Bazaar, northwest Iran, on Thursday is estimated to have caused losses worth 200 billion rials ($1.28 million) to the centuries-old site.

  • EghtesadOnline: Heavy raining and floods sweeping across much of Iranian provinces during Nowruz holidays are estimated to have caused about $470 million to the country’s agriculture and roads infrastructures ($350 million and around $120 million respectively).

  • EghtesadOnline: Iranian poultry farms have been dealing with the deadly avian flu, especially the H5N8 strain of the virus, for several years now. The virus has done a number on Iran’s poultry industry.