Top Headlines:
The front pages of today's newspapers, November 6, are dedicated to various topics.
Some newspapers have focused on the tension between Tehran's Mayor, Alireza Zakani, and the City Council, highlighting it on their front pages as follows:
Arman-e Melli: "Tense relationship between the Council and the Mayor"
Sharq: "Final station of the tour"
Ham Mihan: "Zakani failed to convince his opponents"
Hamshahri: "Happy ending in favor of the city"
Some newspapers have dedicated their front pages to the US elections, specifically the rivalry between Trump and Harris. Three newspapers, Etemad, Sazandegi, and Shahrvand, have highlighted this topic with the following headlines:
Etemad: "Trump and Harris neck and neck"
Sazandegi: "The world's worried gaze"
Shahrvand: "The season of decline"
A few newspapers have chosen to highlight Abbas Araqchi's trip to Pakistan as their top headline, with the following titles:
Iran: "A trip to strengthen security on the eastern borders"
Donya-e Eghtesad: "New border agreements between Iran and Pakistan"
Javan: "We will respond precisely to the Zionists"
Today, three newspapers have dedicated their front pages to the 40th day of mourning for the martyrdom of Hezbollah's leader, Sayyed Hassan Nasrallah, with the following headlines:
Kayhan: "Hezbollah's power today is the result of Sayyed Hassan Nasrallah's leadership"
Resalat: "Nasrallah lives on in the veins of the resistance"
Farhikhtegan: "You showed the way"
2- Pulse of Society
Arman-e Melli newspaper has addressed the issue of particulate matter with the headline "Dusty Breathing". These particulates are so fine that they can't be seen, smaller than any visible particle, and are measured in microns. However, they are scattered in the air and with every breath, they settle in our respiratory system.
According to part of the report: "There are approximately 35 million hectares of dusty regions in the country, spread across 23 provinces. Meanwhile, 2.5 million hectares of the country's lands and areas have been stabilized over the past 6 years with the cooperation of various agencies, including the Natural Resources Organization."
3- Commentary
Sazandegi newspaper has published an article with the title "Blocking Cryptocurrency Exchanges: A Blow to Innovation or a Step towards Transparency?" which critiques the Central Bank's recent decision to block the bank accounts of payment service providers and cryptocurrency exchanges, aimed at managing the foreign exchange market and controlling currency fluctuations, from economic, legal, technical, and social perspectives.
In part of the article, which discusses the economic aspect, it is stated:
"The blocking of payment service providers' and cryptocurrency exchanges' accounts can cause disruptions in commercial activities and domestic financial transactions. Payment service providers and cryptocurrency exchanges are part of the country's financial network, and the activities of many businesses and individuals depend on them. Cutting off these services means a temporary or even permanent shutdown of some businesses, loss of economic opportunities, and increased economic pressure on production and trade sectors. Specifically, this blocking can lead to the exit of small and large capital and users from the domestic ecosystem and direct their attention to foreign markets, which ultimately results in reduced capital flow and decreased economic competitiveness..."
4- Market Pulse
The Donya-e Eghtesad newspaper has published an article with the title "A New Option in the Forex Market" featuring an interview with the CEO of the Iran Gold and Currency Exchange Center about the new mechanism in the foreign exchange market.
The OTC Forex Market is a new tool that the Central Bank aims to use to execute its mission in the foreign exchange market through the Exchange Center.
In part of the interview, Ali Saeidi is quoted as saying: "The mechanism works as follows: in the first step, exporters and importers who are not subject to the Nima market submit their orders to the bank, and in the next steps, exporters and importers directly upload their orders to the system.
"In the first step, the exporter submits their order to the bank, and the bank confirms the availability of the required currency. Therefore, if an exporter exports currency, the system verifies the existence of that amount of currency, and in return, the importer, after registering their order, deposits the equivalent rials into their transaction account at the Exchange Center; therefore, the rials are also available..."
NOURNEWS