The Latest from Iran (19 October): "The Sanctions Will Hurt Europe"

See also Iran Feature: Students Suffer as Currency Falls
The Latest from Iran (18 October): The Mysterious Sliding Currency

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2130 GMT: CyberWatch. Golnaz Esfandiari of Radio Free Europe/Radio Liberty summarises the story --- covered in EA earlier this month --- of the Ministry of Intelligence's launch of the website vaja.ir.

She observes, "Somewhat ironically for an agency that has admitted hacking into the email accounts of opposition members, it also offers tips on how to protect online data."

1800 GMT: Economy Watch. Prominent businessman Asadollah Asgarouladi has has continued his criticism of the Government's management of the economy, claiming that annual oil revenue has fallen from $100 billion to $30 billion.

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The Latest from Iran (26 February): Bashing the BBC, Jailing the Journalists

See also Iran Opinion: Myth and Reality About Nuclear Ambitions
Iran Snapshot: When the Revolutionary Guards Confuse Computer Viruses with Condoms
Iran Snapshot: Kentucky Fried Chicken or No Kentucky Fried Chicken? That is the Question
The Latest from Iran (25 February): A Far-from-Simple Election

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Journalist Marzieh Rassouli (see 0550 GMT)2028 GMT: CyberWatch. The "Hezbollah Cyber Army" hacked the website of the reformist Assembly of Combatant Clerics today to post the message: "I participate in elections. With God's wisdom, the great Iran nation will put supporters of the US line of an election boycott in their place."

The Assembly has already replaced the text with a quote from former President Mohammad Khatami, "Nothing will appease people but ruling their fate themselves."

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The Latest from Iran (19 February): "The Islamic Republic Does Not Need a Supreme Leader"

See also Iran Special: And This Week's Medals for Worst News Coverage Go To....
The Latest from Iran (18 February): The Issue is the Economy

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2042 GMT: All-Is-Well Alert. Minister of Economy Shamseddin Hosseini announced today that the economy grew 5.8% in the Iranian year ending 20 March 2011.

Hosseini said growth was 6.1% excluding the oil sector.

The Central Bank of Iran had previously announced that economic growth for 2010/11 was 3.5% including the oil sector, and 4.3% excluding the oil sector.

No explanation is given as to why Hosseini was putting out figures almost a year old, rather than more recent data on the economy.

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The Latest from Iran (25 January): A Government Committing Economic Treason?

Cartoon: Nikahang Kowsar1755 GMT: Elections Watch. Guardian Council spokesman Abbas Ali Kadkhodaei says about 80% of the 5400 applicants to stand in March's Parliamentary elections have been approved.

1750 GMT: Oil Watch. French oil refiner Total has stopped buying oil from Iran in line with new European Union sanctions, according to Chief Executive Christophe de Margerie.

De Margerie said Total had been buying about 80,000 barrels a day of Iranian oil.

1740 GMT: The Government Moves --- But Will It Make a Difference? The currency website Mesghal is claiming that the Government's steps (see 1730 GMT) have made a difference to exchange rates and gold prices. Old gold coin has plummeted almost 20% in price to 820,000 Toman (about $400) while the Iranian Rial has supposedly recovered 20% of its value to stand at 19000:1 vs. the US dollar.

There are other claims, however, that the effect has not been so marked. Hamshahri reports that the open market was actually trading Rials for dollars at 21700:1, with vendors on the streets and foreign exchange offices displaying official rate but selling the dollar at a higher rate.

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The Latest from Iran (19 January): Worried Yet?

2039 GMT: Sanctions Watch. Industry sources say Turkish refiner Tupras, planning to cut imports of Iranian oil, will meet Saudi Arabian officials this month.

Turkey imports more than 30 percent of its daily oil consumption from Iran crude.

A source estimated that Saudi Arabia could cover up to half of the Iranian imports, adding that the Turks also planning to meet with oil suppliers from Russia, Azerbaijan, and West Africa.

2003 GMT: Currency Watch. The Central Bank has issued a new warning: dollar holders without documents must deposit the money until 15 Bahman (4 February), or they will be prosecuted for money laundering.

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