All tagged Elias Hazrati

Iran Lawmakers Reject Rouhani Answers on Economic Woes

◢ Iran's parliament voted its dissatisfaction with President Hassan Rouhani on Tuesday after grilling him over the deteriorating economy.  It was the first time Rouhani had been summoned by parliament in his five years in power, and MPs demanded answers on unemployment, rising prices and the sharp depreciation of the rial, which has lost more than half of its value since April.

Rouhani's Woes Mount as Iran Economy Minister Impeached

◢ Iran's parliament impeached Economy Minister Masoud Karbasian on Sunday in the latest blow to embattled President Hassan Rouhani as he struggles to face down a mounting economic crisis. Karbasian is the second cabinet minister to be sacked this month, following the impeachment of Labour Minister Ali Rabiei on August 8. Critics say the government squandered the opportunities presented by the 2015 nuclear deal and have failed to tackle high rates of inflation and joblessness.