Iran loosens import restrictions on foreign cars and iPhones, trying to mask its economic woes
- Iran lifted import bans on foreign cars and new iPhones to meet public demand and improve tax revenues amid economic struggles.
- Buying an iPhone 16 Pro Max in Iran costs 1.6 billion rials plus import fees of 450 million rials .
- The Iranian rial has devalued significantly, trading at 928,500 rials to $1, compared to 32,000 rials to $1 a decade ago.
- Despite lifting some restrictions, the government faces long-term economic challenges and potential public unrest amid ongoing sanctions.
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11 Articles
11 Articles
All
Left
4
Center
1
Right
2
Coverage Details
Total News Sources11
Leaning Left4Leaning Right2Center1Last UpdatedBias Distribution57% Left
Bias Distribution
- 57% of the sources lean Left
57% Left
L 57%
14%
R 29%
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