Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. Keeping it Real Message Board

Iran May Start Rationing Food to Insulate Effect o

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 51889
(Total Views: 315)
Posted On: 09/08/2018 12:12:29 PM
Avatar
Posted By: PoemStone
Re: Zadie #32417
Iran May Start Rationing Food to Insulate Effect of U.S. Sanctions

< >

shop-food-Tehran-Iran-718-getty-640x480.jpg

Iranian lawmakers are urging the country’s regime to consider rationing food and using food coupons as the pressure of U.S. sanctions begin to take their toll, Radio Farda reported this week.

On Tuesday, the parliament approved a bill calling on the regime to begin importing food items such as meat, rice, sugar, bread, and other essential commodities and start selling them at subsidized prices at cooperatives and state-owned shops that would allow more people to access and afford them.

The bill asks the regime “to organize a network for the distribution of essential commodities via cooperatives, state-owned shops, as well as labor organizations and work-places in order to distribute families’ requirements at a subsidized rate.”

Rationing coupons were last used in the 1980s during the war with neighboring Iraq when the country experienced a chronic shortage of resources. However, Iran is now experiencing another major economic crisis as President Donald Trump reimposed economic sanctions after annulling the Iran nuclear deal signed under Barack Obama.

Since January, the Iranian rial has lost 80 percent of its value against the dollar, while the prices of food and other basic goods continue to rise. Over 40 percent of Iranians are also unemployed. The situation has caused considerable anger among Iranians and anti-government demonstrations have now become a common occurrence. Last month, it was reported that nearly half a million Afghan migrants have left Iran because of its weakened economy, with many of them unable to find worthwhile employment due to high rates of inflation.

It is not the first time that Iranian lawmakers and economists have proposed the introduction of rationing amid the ongoing crisis, although President Rouhani has opposed the measure for fear of its “psychological impact.” Before his resignation in August, former Labor Minister Ali Rabiei suggested “controlling food prices, providing food and medicine for the underprivileged strata of the society, and supporting small businesses” as a way of helping the wider population.

On November 4, the United States will impose a number of additional sanctions against countries that continue to import Iranian oil, which is only likely to worsen the crisis. As such, Iranian politicians blame their woes as a consequence of an “economic war” led by America, although many citizens instead blame the country’s theocratic leadership under Supreme Leader Ali Khamenei and are demanding regime change.


(0)
(0)




Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP





Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us