This behavioural shift is critical. Once a population abandons its own currency in practice, monetary stabilisation becomes vastly harder. The rial is no longer merely weak — it is losing its role as ...

Protests began last Sunday as merchants in major commercial and electronics centers in Tehran—including the Alaeddin and Charsou complexes downtown—closed their shops and took to the streets ...

In a small shop in Tehran's Grand Bazaar, Mohammed Rafi sells coloured pencils. He has no less than 50,000 of them crammed into a tiny space. Arne Immanuel Bänsch/dpa In the middle of the winding ...

TEHRAN, Iran (AP) — Iranian state media says a gas canister explosion in Tehran’s Grand Bazaar has wounded 39 people. The official IRNA news agency said Wednesday’s blast happened in the basement of a ...

A large fire broke out at the grand bazaar in Iran's capital of Tehran, though it did not cause any casualties, the semiofficial Tasnim news agency reported on August 15. "A fire broke out in ...

(AP) Tehran’s main bazaar has been closed as authorities tighten controls trying to halt the fall of Iran’s currency after it hit a record low. The semiofficial Mehr news agency says the bazaar the ...

DUBAI, Aug 15 (Reuters) - A large fire broke out at the grand bazaar in Iran's capital of Tehran, though it did not cause any casualties, the semi-official Tasnim news agency reported on Tuesday. "A ...

DUBAI (Reuters) - Shops in Tehran's Grand Bazaar stayed shut and police patrolled the area on Thursday as authorities struggled to restore normalcy a day after security forces clashed with ...

The Grand Bazaar of Tehran was in limbo on Wednesday as the merchants who make it the “beating heart” of Iran’s economy — as it is popularly described — shouted “Allahu akbar” (God is great) and shut ...