Iran: Signs of New Protests Against Rise in Prices

A display featuring missiles and a portrait of Iran's Leader Ayatollah Ali Khamenei is seen at Baharestan Square in Tehran, Iran September 27, 2017. Nazanin Tabatabaee Yazdi/TIMA via REUTERS
A display featuring missiles and a portrait of Iran's Leader Ayatollah Ali Khamenei is seen at Baharestan Square in Tehran, Iran September 27, 2017. Nazanin Tabatabaee Yazdi/TIMA via REUTERS
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Iran: Signs of New Protests Against Rise in Prices

A display featuring missiles and a portrait of Iran's Leader Ayatollah Ali Khamenei is seen at Baharestan Square in Tehran, Iran September 27, 2017. Nazanin Tabatabaee Yazdi/TIMA via REUTERS
A display featuring missiles and a portrait of Iran's Leader Ayatollah Ali Khamenei is seen at Baharestan Square in Tehran, Iran September 27, 2017. Nazanin Tabatabaee Yazdi/TIMA via REUTERS

Signs of a new round of protests emerged in Tehran, after the rise in prices hit the foreign exchange market, pushing the dollar to a record high in two years.

Angry Iranians gathered on Sunday in front of the Central Bank headquarters, chanting slogans condemning the officials and demanding the resignation of the central bank governor, Abdolnaser Hemmati.

The latter was the center of recent speculations, as political circles in Tehran reported that he could run for the presidential elections scheduled for May 2021.

Iranian security forces cordoned off the streets leading to the bank, according to eyewitnesses’ reports on social networks.

Meanwhile, the government adopted security measures and arrested officials to reduce popular discontent.

Quoting the Iranian police chief, ILNA news agency reported that the authorities launched a new unit called the “economic security police” to counter economy breaches.

For its part, Fars Agency of the Revolutionary Guards quoted Colonel Nader Moradi, Deputy Commander of the Greater Tehran Police for Supervision of Commercial Venues, as saying that the police forces will “legally confront the officials of the home appliance unions who trade in goods with the aim of selling them at high prices that exceed the approved rates.”

The price of one dollar rose in recent days to 180,000 Iranian Rials, the highest record reached since August 2018, in parallel with the implementation of the US sanctions.



Trump Threatens to Cut another $1 Billion in Harvard Funding

Students, faculty and members of the Harvard University community rally, Thursday, April 17, 2025, in Cambridge, Mass. (AP Photo)
Students, faculty and members of the Harvard University community rally, Thursday, April 17, 2025, in Cambridge, Mass. (AP Photo)
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Trump Threatens to Cut another $1 Billion in Harvard Funding

Students, faculty and members of the Harvard University community rally, Thursday, April 17, 2025, in Cambridge, Mass. (AP Photo)
Students, faculty and members of the Harvard University community rally, Thursday, April 17, 2025, in Cambridge, Mass. (AP Photo)

US President Donald Trump is threatening to cut another $1 billion in funding for Harvard University, this time targeting health research, the Wall Street Journal reported on Sunday, as the administration's row with elite schools escalated.
The Trump administration has withheld government funding from Harvard, Columbia and other universities in response to their tolerance of pro-Palestinian demonstrations in what the administration has labeled a failure to control antisemitism on campus.
Harvard pushed back last week, rejecting demands for control of its student body, faculty and curriculum, saying that it would cede control of the university to the government.
Within hours of Harvard taking its stand, the administration announced it was freezing $2.3 billion in federal funding to the school and the next day threatened to strip Harvard of its tax-exempt status.
The Journal, citing people familiar with the matter, reported the plans to pull an additional $1 billion in research funds arose after administration officials thought a long list of demands they sent Harvard on April 11 was a confidential starting point for negotiations, and officials were surprised when Harvard released the letter to the public.
Trump officials had been planning to treat Harvard more leniently than Columbia but now want to increase the pressure on Harvard, the Journal reported.
The White House and Harvard did not immediately respond to a Reuters request for comment on Sunday.
Since his January inauguration, Trump has cracked down on top US universities, saying they mishandled last year's pro-Palestinian protests and allowed antisemitism to intensify on campus. Protesters, including some Jewish groups, say their criticism of Israel's actions in Gaza is wrongly conflated with antisemitism.
The administration had previously sent a list of demands on April 3 to Harvard for the Ivy League university to continue receiving federal funding. These included a mask ban, removal of diversity, equity and inclusion programs, and more cooperation with law enforcement.
The April 11 letter, signed by officials at the Education Department, the Health and Human Services Department, and the General Services Administration, expanded that list. It told Harvard to stop recognizing some pro-Palestinian groups and asked it to report to federal authorities foreign students violating university policies, among other demands.