Iranians Struggle to Afford Groceries as Trump Squeezes Economy

조선일보

Lean Right

Factuality

Ownership

In Iran, where prices have skyrocketed due to a combination of U.S. economic sanctions and the war, companies are encouraging so-called "credit" consumption, where goods are purchased first and paid for later. According to the UK's Financial Times (FT) and local Iranian media on the 15th (local time), Iranian companies have recently been inducing consumption by deferring payment dates for not only retail goods but also travel packages. According…

El Financiero

Lean Right

Factuality

Ownership

In just over a decade since he started his business in Tehran, Nazanine faced U.S. sanctions, successive currency collapses and two wars.This is the first time he needs to use credit to buy food.Since the U.S. and Israel began bombing Iran in late February, the 56-year-old woman had to lay off staff and dispense with non-essential expenses to cope with rising prices. Living alone facilitates the situation, but sometimes money is still insufficie…