-
Kenya's economy faces climate change risks: World Bank
-
Apple earnings soar as China iPhone sales surge
-
With Trump administration watching, Canada oil hub faces separatist bid
-
What are the key challenges awaiting the new US Fed chair?
-
Moscow records heaviest snowfall in over 200 years
-
Polar bears bulk up despite melting Norwegian Arctic: study
-
Waymo gears up to launch robotaxis in London this year
-
French IT group Capgemini under fire over ICE links
-
Czechs wind up black coal mining in green energy switch
-
EU eyes migration clampdown with push on deportations, visas
-
Northern Mozambique: massive gas potential in an insurgency zone
-
Gold demand hits record high on Trump policy doubts: industry
-
UK drugs giant AstraZeneca announces $15 bn investment in China
-
Ghana moves to rewrite mining laws for bigger share of gold revenues
-
Russia's sanctioned oil firm Lukoil to sell foreign assets to Carlyle
-
Gold soars towards $5,600 as Trump rattles sabre over Iran
-
Deutsche Bank logs record profits, as new probe casts shadow
-
Vietnam and EU upgrade ties as EU chief visits Hanoi
-
Hongkongers snap up silver as gold becomes 'too expensive'
-
Gold soars past $5,500 as Trump sabre rattles over Iran
-
Samsung logs best-ever profit on AI chip demand
-
China's ambassador warns Australia on buyback of key port
-
As US tensions churn, new generation of protest singers meet the moment
-
Venezuelans eye economic revival with hoped-for oil resurgence
-
Samsung Electronics posts record profit on AI demand
-
Formerra to Supply Foster Medical Compounds in Europe
-
French Senate adopts bill to return colonial-era art
-
Tesla profits tumble on lower EV sales, AI spending surge
-
Meta shares jump on strong earnings report
-
Anti-immigration protesters force climbdown in Sundance documentary
-
Springsteen releases fiery ode to Minneapolis shooting victims
-
SpaceX eyes IPO timed to planet alignment and Musk birthday: report
-
Neil Young gifts music to Greenland residents for stress relief
-
Fear in Sicilian town as vast landslide risks widening
-
King Charles III warns world 'going backwards' in climate fight
-
Court orders Dutch to protect Caribbean island from climate change
-
Rules-based trade with US is 'over': Canada central bank head
-
Holocaust survivor urges German MPs to tackle resurgent antisemitism
-
'Extraordinary' trove of ancient species found in China quarry
-
Google unveils AI tool probing mysteries of human genome
-
UK proposes to let websites refuse Google AI search
-
Trump says 'time running out' as Iran threatens tough response
-
Germany cuts growth forecast as recovery slower than hoped
-
Amazon to cut 16,000 jobs worldwide
-
Greenland dispute is 'wake-up call' for Europe: Macron
-
Dollar halts descent, gold keeps climbing before Fed update
-
Sweden plans to ban mobile phones in schools
-
Deutsche Bank offices searched in money laundering probe
-
Susan Sarandon to be honoured at Spain's top film awards
-
Trump says 'time running out' as Iran rejects talks amid 'threats'
Students join demonstrations after Iran shopkeepers protest
Iranian students staged street protests in Tehran on Tuesday, a day after the capital's shopkeepers demonstrated against economic hardship and won a message of understanding from the president himself.
According to Ilna, a news agency associated with Iran's labour movement, protests erupted at seven Tehran colleges that are among the country's most prestigious, and at the technology university in the central city of Isfahan.
This action came after Monday's protests in central Tehran by shop-owners and a day ahead of the temporary closure of banks, schools and businesses in the capital and 19 of Iran's 31 provinces to save energy during the bitterly cold weather.
The Iranian rial has dropped against the dollar and other world currencies -- when the protests erupted on Sunday, the US dollar was trading at around 1.42 million rials, compared to 820,000 rials a year ago -- forcing up import prices and hurting retail traders.
On Tuesday morning, most shops and cafes in Tehran were open as usual along the vast Vali-asr Avenue which runs 18 kilometres (11 miles) from north to south through Tehran, AFP saw.
Riot police were, nonetheless, monitoring the main squares in the city centre.
It was into this atmosphere that President Masoud Pezeshkian -- who has less authority under Iran's system of government than supreme leader Ayatollah Ali Khamenei -- met Tuesday with labour leaders and made proposals to tackle the economic crisis, according to press agency Mehr.
"I have asked the interior minister to listen to the legitimate demands of the protesters by engaging in dialogue with their representatives so that the government can do everything in its power to resolve the problems and act responsibly," he said, in a social media post.
According to state television, parliamentary speaker Mohammad Bagher Ghalibaf, also called for "necessary measures focused on increasing people's purchasing power" but warned against foreign agents and government opponents attempting to exploit the protests.
On Monday, the government announced the replacement of the central bank governor with former economy and finance minister Abdolnasser Hemmati.
- Battered economy -
Price fluctuations are paralysing sales of some imported goods, with both sellers and buyers preferring to postpone transactions until the outlook becomes clearer, AFP correspondents reported.
According to the Etemad newspaper, one trader complained that officials had offered no support to storekeepers battling soaring import costs.
"They didn't even follow up on how the dollar price affected our lives," he complained, speaking on condition of anonymity.
"We had to decide to show our protest. With this dollar price, we can't even sell a phone case, and the officials don't care at all that our lives are run by selling mobile phones and accessories."
In December, inflation stood at 52 percent year-on-year, according to official statistics. But this figure still falls far short of many price increases, especially for basic necessities.
The country's economy, already battered by decades of Western sanctions, was further strained after the United Nations in late September reinstated international sanctions linked to the country's nuclear programme that were lifted 10 years ago.
Western powers and Israel accuse Iran of seeking to acquire nuclear weapons, a charge Tehran denies.
O.Ignatyev--CPN