No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, August 22, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

A hungrier, poorer and more anxious Iran awaits ‘snapback’ of UN sanctions over its nuclear program

by TheAdviserMagazine
11 months ago
in Business
Reading Time: 4 mins read
A A
A hungrier, poorer and more anxious Iran awaits ‘snapback’ of UN sanctions over its nuclear program
Share on FacebookShare on TwitterShare on LInkedIn


As Iran’s ailing economy braced Saturday for the reimposition of United Nations sanctions over its nuclear program, it is ordinary people who increasingly find themselves priced out of the food they need to survive and worried about their futures.

Iran’s rial currency already sits at a record low, increasing pressure on food prices and making daily life that much more challenging. That includes meat, rice and other staples of the Iranian dinner table.

Meanwhile, people worry about a new round of fighting between Iran and Israel – as well as potentially the United States – as missile sites struck during the 12-day war in June now appear to be being rebuilt. Activists fear a rising wave of repression within the Islamic Republic, which already has reportedly executed more people this year than over the past three decades.

Sina, the father of a 12-year-old boy who spoke on condition that only his first name be used for fear of repercussions, said the country has never faced such a challenging time, even during the deprivations of the 1980s Iran-Iraq war and the decades of sanctions that came later.

Live Events

“For as long as I can remember, we’ve been struggling with economic hardship, and every year it’s worse than the last,” Sina told The Associated Press. “For my generation, it’s always either too late or too early – our dreams are slipping away.” Iran sanctions set to ‘snapback’ Early Sunday at 0000 GMT (8 p.m. Eastern), barring any last-minute diplomatic breakthrough, U.N. sanctions on Iran will be reimposed through “snapback,” as the mechanism is called by the diplomats who negotiated it into Iran’s 2015 nuclear deal with world powers. Snapback was designed to be veto-proof at the U.N. Security Council, meaning China and Russia cannot stop it alone, as they have other proposed actions against Tehran in the past. The measure will again freeze Iranian assets abroad, halt arms deals with Tehran, and penalize any development of Iran’s ballistic missile program, among other measures.

France, Germany and the United Kingdom triggered snapback over Iran further restricting monitoring of its nuclear program and the deadlock over its negotiations with the U.S.

Iran further withdrew from the International Atomic Energy Agency monitoring after Israel’s war on the country in June, which also saw the U.S. strike nuclear sites in the Islamic Republic. Meanwhile, the country still maintains a stockpile of uranium enriched up to 60% purity – a short, technical step away from weapons-grade levels of 90% – that is largely enough to make several atomic bombs, should Tehran choose to rush toward weaponization.

Iran has long insisted its nuclear program is peaceful, though the West and IAEA say Tehran had an organized weapons program up until 2003.

Tehran has further argued that the three European nations shouldn’t be allowed to implement snapback, pointing in part to America’s unilateral withdrawal from the accord in 2018, during the first term of President Donald Trump’s administration.

“The Trump administration appears to think it has a stronger hand post-strikes, and it can wait for Iran to come back to the table,” said Kelsey Davenport, a nuclear expert at the Washington-based Arms Control Association. “Given the knowledge Iran has, given the materials that remain in Iran, that’s a very dangerous assumption.”

Risks also remain for Iran as well, she added: “In the short term, kicking out the IAEA increases the risk of miscalculation. The U.S. or Israel could use the lack of inspections as a pretext for further strikes.”

Iran on Saturday recalled its ambassadors to France, Germany and the U.K. for consultations ahead of the sanctions being reimposed, the state-run IRNA news agency reported.

Hunger and anxiety grow in Iran The aftermath of the June war drove up food prices in Iran, putting already expensive meat out of reach for poorer families.

Iran’s government put overall annual inflation at 34.5% in June, and its Statistical Center reported that the cost of essential food items rose over 50% over the same period. But even that doesn’t reflect what people see at shops. Pinto beans tripled in price in a year, while butter nearly doubled. Rice, a staple, rose more than 80% on average, hitting 100% for premium varieties. Whole chicken is up 26%, while beer and lamb are up 9%.

“Every day I see new higher prices for cheese, milk and butter,” said Sima Taghavi, a mother of two, at a Tehran grocery. “I cannot omit them like fruits and meat from my grocery list because my kids are too young to be deprived.”

The pressure over food and fears about the war resuming have seen more patients heading to psychologists since June, local media in Iran have reported.

“The psychological pressure from the 12-day war on the one hand, and runaway inflation and price hikes on the other, has left society exhausted and unmotivated,” Dr. Sima Ferdowsi, a clinical psychologist and professor at Shahid Beheshti University, told the Hamshahri newspaper in an interview published in July.

“If the economic situation continues like this, it will have serious social and moral consequences,” she warned, with the newspaper noting “people may do things they would never think of doing in normal circumstances to survive.”

Executions surge in 2025 Iran has faced multiple nationwide protests in recent years, fueled by anger over the economy, demands for women’s rights and calls for the country’s theocracy to change. The most recent came in 2022 over the death of Mahsa Amini, a young woman who died after being detained by police allegedly for not wearing her hijab, or headscarf, to their liking.

In response to those protests and the June war, Iran has been putting prisoners to death at a pace unseen since 1988, when it executed thousands at the end of the Iran-Iraq war. The Oslo-based group Iran Human Rights and the Washington-based Abdorrahman Boroumand Center for Human Rights in Iran put the number of people executed in 2025 at over 1,000, noting the number could be higher as Iran does not report on each execution.

“Political and civic space in Iran has shrunk to nothing, and outside Iran, civil society activists and dissidents face transnational repression,” the center warned. “The Iranian people, millions of whom aspire to more than a closed and brutal theocracy, have tried every option within their reach. Their leaders have not.”

Add ET Logo as a Reliable and Trusted News Source



Source link

Tags: anxiousawaitshungrierIrannuclearPoorerProgramsanctionssnapback
ShareTweetShare
Previous Post

Spectacular AI growth to spark serious jobs issue for Fed: Zervos

Next Post

What Will the Slowing Growth of Bitcoin, Ethereum Treasury Buys Mean for Markets?

Related Posts

edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

by TheAdviserMagazine
August 8, 2026
0

Staying at one company for decades was once a badge of honor. But as layoffs have become more common and...

edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

by TheAdviserMagazine
August 8, 2026
0

First, they won in New York. Then they took Maine, Colorado, and Michigan. And now, the next battleground for the...

edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

by TheAdviserMagazine
August 8, 2026
0

Asia's oldest exchange, BSE, traded far fewer derivatives contracts in the first week following the implementation of the Closing Auction...

edit post
F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

by TheAdviserMagazine
August 8, 2026
0

The Indian stock markets closed in the red, with the newly-launched closing auction session continuing to create a divergence among...

edit post
Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

by TheAdviserMagazine
August 7, 2026
0

The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the...

edit post
Meet the 82-year-old Kentucky grandma who turned down M to turn her farm into a data center

Meet the 82-year-old Kentucky grandma who turned down $26M to turn her farm into a data center

by TheAdviserMagazine
August 7, 2026
0

Ida Huddleston has lived on the same stretch of farmland outside Maysville, Ky., since she was 16. She and her...

Next Post
edit post
What Will the Slowing Growth of Bitcoin, Ethereum Treasury Buys Mean for Markets?

What Will the Slowing Growth of Bitcoin, Ethereum Treasury Buys Mean for Markets?

edit post
SEC’s Hester Peirce Apologizes For Agency’s Past Moves, Unveils Personal NFT Plans

SEC’s Hester Peirce Apologizes For Agency’s Past Moves, Unveils Personal NFT Plans

  • Trending
  • Comments
  • Latest
edit post
Georgia Senior SNAP and Meal Resources Older Adults Can Use

Georgia Senior SNAP and Meal Resources Older Adults Can Use

July 24, 2026
edit post
Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

July 31, 2026
edit post
Driving the Noncitizen Voting Scandal: Registration With License

Driving the Noncitizen Voting Scandal: Registration With License

July 26, 2026
edit post
Garbage Trucks Surveillance Florida Neighborhoods

Garbage Trucks Surveillance Florida Neighborhoods

July 29, 2026
edit post
Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

August 7, 2026
edit post
Montana Puts Democrats in a Bind as Senate Hopes Fade

Montana Puts Democrats in a Bind as Senate Hopes Fade

August 2, 2026
edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

0
edit post
E.W. Scripps Q2 2026 Loss Widens to -.68/Share, Revenue Down 9%

E.W. Scripps Q2 2026 Loss Widens to -$12.68/Share, Revenue Down 9%

0
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

0
edit post
Four AI Escapes Just Redefined “Responsible AI”

Four AI Escapes Just Redefined “Responsible AI”

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

0
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

August 8, 2026
edit post
Links 8/8/2026 | naked capitalism

Links 8/8/2026 | naked capitalism

August 8, 2026
edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

August 8, 2026
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

August 8, 2026
edit post
Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

August 8, 2026
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

August 8, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together
  • Links 8/8/2026 | naked capitalism
  • Wisconsin: The Next Frontier for Socialists
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.