EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei described the United States' peace plan for Palestine as "a dangerous plot", saying it aims to obliterate the identity of Palestinian people "using money".
EghtesadOnline: So long as gasoline is not rationed, the plan to use bank debit cards as fuel cards is pointless and will not be implemented for now, the National Iranian Oil Products Distribution Company announced in a new directive.
EghtesadOnline: The United States has decided not to impose sanctions on Iranian Foreign Minister Mohammad Javad Zarif for now, sources familiar with the matter told Reuters on Thursday, in a sign Washington may be holding a door open for diplomacy.
EghtesadOnline: The Iranian government plans to sell off its share in the two major automotive companies: Iran Khodro (IKCO) and SAIPA.
EghtesadOnline: Many say that in the current economic conditions resuming the gasoline rationing system to better manage (curb) fuel consumption is inevitable, but may not help much in preventing smuggling.
EghtesadOnline: Transferring water from the Caspian Sea in the north to the drought-hit central plateau will have severe negative environmental effects, a former member of the World Water Council said.
EghtesadOnline: The Tehran Transportation Council has proposed a new plan for curbing traffic and air pollution in central parts of the metropolis, after an arduous debate among environmentalists and urban planners about one traffic scheme in place for more than a decade that simply failed to deliver.