Iran: profit and loss

Islamic Republic of Iran Shipping Lines (IRISL) has signed a $500 million contract with Iranian shipbuilers for 16 cargovessels.
IRISL is waiting for financing from Iranian banks for the new fleet of 16 panamax and handymax bulk carriers.




Russian automaker GAZ signed a $250 million contractwith Iranian truck manufacturer Iran Khodro Diesel Co.to produce the new version of Gazelle vans.



Iran goverment has come under fire for her sudden decision last week to extend the Eid al-Fitr holiday. Instead of one, it lasted three days.

Beginning the three-day-holiday on Tuesday, and Friday being a weekend-holiday, banks, governmental buildings and businesses suddenly were closed for four days.
No reason was given for the move but some critics said the government may seek to increase the number of Islamic holidays at the expense of non-religious days off.
Mohammad Ali Moghanian, spokesman for parliament's social affair's committee said that the extended holiday had cost the economy hundreds of billions of rials.




In Iran deathpenalty is in use. Also for child offenders.

Children are being hanged to death.
A child will be hanged to death.
Poster amnesty.nl