Former World Bank chief says Iran economy collapsing into ‘barter system’ amid conflict

Former World Bank President David Malpass predicted Sunday that Iran’s economy could collapse into a “barter system” as the country’s financial crisis worsens amid the conflict with the U.S. and ...

US economic chokehold on Iran reaches peak leverage as collapse risks emerge

U.S. economic pressure on Iran has reached historic levels, but inconsistent enforcement limits full impact of sanctions, a ...

Putin’s wartime economy is contracting, even with high oil prices

Russia’s economy has managed to avoid collapse despite punishing Western sanctions after the full-scale invasion of Ukraine.

Iran's shattered economy means any success in war may be fleeting

By Parisa Hafezi and Angus McDowall DUBAI, April 8 (Reuters) - Iranian authorities see the truce with the United States and Israel as a strategic victory, but they emerge battered and isolated with an ...