Senior Ayatollah Insists Iran Cannot Avoid Dealing With Others

In Iranian currency the prices seem even more outrageous, ranging from 2-4 trillion rials. The average monthly income of an employee is less than $150 in Iran. An ordinary 1,000sqf apartment can be fetched for well under $100,000 but the great majority of Iranians cannot afford that.

Fararu news website in Tehran wrote that these super-expensive properties are rarely sold, but the owners seem not to mind very much. The reason could be that in an unstable economy, with a falling national currency that has lost its value tenfold in four years, real estate is a sure way of protecting wealth.

Rumors have it that a penthouse apartment was recently sold for $10 million, and Fararu says similar properties are cheaper in Beverly Hills, California than in Tehran’s exclusive neighborhoods. It has compared a 9,000sqf penthouse apartment in Tehran which is priced at $15 million with a much larger property in Beverly Hills offered for $7.5 million.

Properties ranging around 10,000sqf of living space typically feature a roof garden, fitness, jacuzzi, 5-6 bedrooms. a luxurious and large living room and sometimes a swimming pool.

The head of a government chamber of commerce, Gholam-Hossein Shafei speaking at a ceremony in Mashhad said that the private sector in Iran has been dealt a bad hand by politically well-connected elites who took advantage of privatization to enrich themselves.

Shafei, who is the chairman of trade ministry’s chamber of commerce for industry, mines and agriculture, pointed out that depreciation of assets is taking place faster than investments in the economy. In the meantime, the world economy has made great progress and Iran has remained behind., he argued.

With economic crisis gripping Iran since 2018, and lack of progress in nuclear talks with the United States, there are increasing calls for rational thinking to resolve international disputes, remove sanctions and rescue the economy.

Shafei, in an implicit reference to Iran’s isolation, stressed that the world economy is intertwined and interdependent and implied that Iran has remained behind in globalization. He added that Iran has the potential to rescue its economy but it cannot be done “with traditional steps”.

Based on 24 food items in the past 12 months, the report divided price increases into three categories of acceptable, alarming, and critical. The last it defined as a monthly increase of 2 percent, or an annual rate of 27 percent.

But the report claimed prices for the 24 items had risen 83.3 percent in the past 12 months. It said that “essential food items” – including the ones surveyed in October, were up more than 60 percent in October year on year.

The 24 food items included rice, chicken, dairy products (milk, yoghurt, cheese, butter), eggs, cooking oil, tea, sugar, beans, lentils, vegetables (cucumbers, tomatoes, potatoes), and fruit (oranges, apples, bananas).

The prices of three of the 24 items, including potatoes, increased by over 10 percent in October alone, while five other items – including cooking oil and red meat – dropped around 1 percent.

The report was released a day after President Ebrahim Raisi's (Raeesi) live televised interview Sunday in which he said curbing inflation would be a priority target of his government.

Quoting the ministry's report, the reformist Arman-e Melli newspaper Tuesday warned "food poverty” would have “irreparable consequences.

The paper quoted Morteza Afghah, an economist at the Shahid Chamran University of Ahvaz, that “the income of a group of the society is no longer sufficient even for…their minimum food requirements. Afhgah said that “in Iran people become rich when they are close to politically powerful groups and this amplifies the dissatisfaction of people.”

Those conservatives who follow Supreme Leader Ali Khamenei’s political guidance claim that a "resistance economy" based on self-reliance is the only way to recover from the damage inflicted by United States ‘maximum pressure’ sanctions introduced in 2018 when the US left the 2015 nuclear deal. After economic growth of 13.4 percent in 2017, the Iranian economy went into recession from which it has not really recovered.

The government, including the Central Bank, have stopped publishing critical economic data, which makes it hard to judge how bad the situation is. But the annual rate of inflation is around 45 percent and the national currency has dropped close to an all-time low.

The Iranian Labour News Agency (ILNA) warned Wednesday that those on low incomes could no longer cut down on food consumption without serious health consequences, even as they faced rising costs for housing, education, healthcare, and transport.

"Workers have already curbed their monthly spending,” ILNA wrote. “Leisure, clothing, furniture and appliances were given up long ago. When it comes to food, they have to be content with only one warm meal, often of poor nutritional value. But can they give up what is necessary for remaining alive?"

"There were no casualties and rescue and operations forces are at the scene of the accident and have cut off the line," state broadcaster IRIB quoted the Parsian refinery's head as saying. The pipeline was shut off.

There is no independent report about the incident given Iran's strict control of information.

The pipeline carries 32,000 barrels of gas condensate daily(12 million annually) worth approximately $900 million, to the Persian Gulf cost.

Before US sanctions, Japan and Korea were the biggest customers of Parsian’s gas condensate. Now only China is a customer.

The semi-official Fars news agency carried a similar report.

Mohammad Asgari, a spokesman for the National Iranian Gas Company (NIGC), said gas production was not affected by the accident, the semi-official YJC news agency reported.

Iran has the world's second largest natural gas reserves but production has not kept pace with galloping demand for heavily subsidized gas, because of lack of investment and foreign partners as the economy faces US sanctions.

With reporting by Reuters

On Tuesday, several students lashed out at Raisi for his economic policies and his administration's approach to human rights, when he met them to mark Iran’s Student Day. An Islamist student harshly attacked him and the ruling elite during a public meeting in Tehran’s Sharif University of Technology.

Mohammad Hossein Bayat, the student who addressed Raisi as the leader of the Islamic Association, told him in all frankness:“You got elected in the least competitive election in the history of the Islamic Republic, with the lowest rate of voter participation.” He added, “We are speaking to you not as a president elected with the free vote of the people in a free election. We are speaking to you as a representative of the ruling system.”

Nonetheless, the press, particularly those such as the Iran Daily, owned by the Raisi administration, pretended in glamorous reports that the meeting was an opportunity for Raisi to present a report to students on his performance during the past four months.

Sara Shabani, a student whose picture appeared on the front-page of the daily while making a point during the meeting with Raisi, wrote in a December 9 tweet: "Presenting a report to students? As the person standing next to Raisi in this picture, I wish to say that he put some security-laden labels on the students in the auditorium and told them 'To repent for what they said.' Outside the auditorium, his answers to the students' questions were nothing but insults and humiliation. Do not try to fabricate beautiful pictures and headlines."

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Another student tweeted about the body language in the front-page picture: "The body language is interesting, both Raisi and the chancellor of the university are looking the other way while you are talking to him. Yet another student, Meysam, said that the entire meeting was a show for the media, otherwise individuals such as Raisi never care about the students and what they say.

The Raisi administration has already proven its naivety in the area of putting up "shows" for the media. In a video circulating on social media, his media team filmed the people in overcrowded Iranian taxis reacting to a mock radio news program that says Raisi has been killed in a helicopter crash during a provincial visit.Many of those who posted this video and those who commented on it pointed out that the video has been carefully "directed" and "edited" in a way to prove that young Iranians love Raisi.

While most of what appears to be criticism of Raisi and his administration by young people are about hypocrisy and lies, some media and politicians criticize him for his inaction in foreign and economic policies, co-opting unpopular pro-Ahmadinejad politicians in his cabinet and selecting the members of his team and lower layers of government managers from among his or his aides' relatives.

In one of the latest examples of such critiques, reformist political activist Majid Mohtashami pointed out in an interview with Arman daily on Thursday that the Raisi administration is an example of a populist governmentthat promises to build four million homes in four years.

Mohtashami said that meanwhile, the national currency has fallen 25 percent during Raisi’s first 100 days in office. He added that the president had promised a non-factional administration, but most of his men come from one hardliner group, while new faces in his government were chosen based on kinship rather than merits. This has made Raisi hostage to two oligarchies one made up of relatives and another one formed by the members of pro-Ahmadinejad Paydari Party.