Iran’s currency the rial has fallen 20% in value over the last two weeks in trade against the US dollar. The devaluation indicates the Islamic Republic of Iran is increasingly struggling against international sanctions that have limited its ability to obtain foreign currency. The sanctions placed on Iran are intended to reduce its [...]
Tag Archive | "Iran"
Iran’s Nuclear Ambitions Huge Issue in Upcoming Presidential Elections
Posted on 28 January 2013.
The election to succeed outgoing President Mahmoud Ahmadinejad is less than six months away but already speculation is heating up about who will succeed the controversial leader who has staked his legacy on Iran’s pursuit of a nuclear program. Many of the potential contenders have one thing overwhelmingly in common – they are all [...]
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South Korea Has Detained a Korean-American Man Charged with Massive Billion-Dollar Iran Wire Fraud
Posted on 27 January 2013.
A Korean-American man was detained by Republic of Korea authorities on charges that he had transferred more than $1 billion to Iran, a staggering sum in one of the world’s largest cases of wire fraud. The Seoul Central Prosecutor’s Office would only identify the 73-year old man by his surname, Chung. Chung is suspected [...]
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Pentagon’s Massive Ordnance Penetrator (MOP) Bunker-Buster Bomb Ready for Deployment in Iran
Posted on 22 January 2013.
The Pentagon’s latest weapon, the massive ordnance penetrator, could be deployed in theaters like Iran where it would destroy underground nuclear research facilities and bunkers. The US Defense Department’s Operational Test and Evaluation office stated that the 15-ton MOP bomb is now ready for field use after a series of successful tests at Holloman Air [...]
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Iran’s Guardian Council Approves Laws Limiting the President’s Powers
Posted on 13 January 2013.
Ahead of upcoming presidential elections Iran’s ruling Guardian Council passed new laws that limit the power of president. Supporters claim the new legislation is aimed at making the voting procedure more transparent. [Al Jazeera]
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Iranian Sanctions Hurt Medical Imports
Posted on 10 November 2012.
Medicines used for chemotherapy and the treatment of cancer are in increasingly short supply in Iran as the sanctions leveled against it by the international community begin to have collateral effects perhaps unforeseen by those seeking to stop Iran’s march to a nuclear weapon. [New York Times]
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Iranians Discover Monitoring Device Near Fordow Nuclear Site
Posted on 26 September 2012.
Iranian Revolutionary Guards reportedly discovered a listening device at the Fordow Nuclear Site disguised as a rock. When the soldiers attempted to move the rock it exploded. The transmitting device within was capable of intercepting computer transmissions.
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Iran to Create Nationwide Intranet to Combat Un-Islamic Web Activity
Posted on 24 September 2012.
The Islamic Republic of Iran announced the creation of a nationwide intranet to supplant the majority of the functions of the internet so that citizens of Iran can enjoy a web free of un-Islamic activity and materials. Currently Iran labors under some of the toughest international sanctions that can be levied against a country because [...]
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Iranian Human Rights Lawyer Abdolfattah Soltani Sentenced to 18 Years in Prison
Posted on 12 March 2012.
A Tehran revolutionary court has sentenced prominent Iranian human rights lawyer Abdolfattah Soltani to prison and banned him from practicing law for 20 years. Soltani co-founded a human rights group with Iranian Nobel Peace Prize winner Shirin Ebadi and is being held in Evin prison. Soltani’s daughter Maede hopes that the sentence will be overturned, [...]
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Is North Korea Secretly Testing Nuclear Weapons for Iran?
Posted on 11 March 2012.
Reports emerge that link the reclusive communist dictatorship in East Asia to the Islamic Republic of Iran and they conclude that not only is North Korea helping Iran develop nuclear weapons but also secretly testing those weapons for them. A security briefing in the Congressional Quarterly asserts that the D.P.R.K. may have tested two nuclear devices [...]
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