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All tagged Shariatmadari
◢ Iran's President Hassan Rouhani has accepted the resignation of the embattled ministers of industry and roads, a statement on the presidential website said Saturday. The president thanked industry minister Mohammad Shariatmadari and roads minister Abbas Akhoundi's "selfless service" and "sincere efforts" during their tenures and appointed two acting ministers.
◢ With its currency plummeting ahead of the reimposition of US sanctions, Iran has responded with dozens of arrests and claims of an enemy conspiracy, but also signs of a push to confront corruption. The Iranian rial has lost almost two-thirds of its value since the start of the year, and 20 percent in just two days since the weekend, hitting a record-low of 119,000 to the dollar.
◢ Tehran on Saturday urged foreign firms working in Iran to resist US "threats" of sanctions, adding it was in talks with French car makers about staying on in the country. "All (foreign) companies working in Iran should not be intimidated by US threats and should continue their activities in Iran," Industry Minister Mohammad Shariatmadari told a news conference in Tehran.
