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Tehran's Tank Man: A Tiananmen moment

Dec 29, 2025, 15:34 GMT+0Updated: 08:49 GMT+0

A video shared with Iran International showed one protester sitting in the middle of a street in Tehran and refusing to move as motorbike-riding security forces moved in on demonstrators.

The protester was later beaten and forced to leave, another video showed.

The video had sparked some comparisons to the 1989 Tiananmen Square protests in China.

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Protesters chant slogans against Khamenei in nighttime gatherings

Dec 29, 2025, 15:25 GMT+0

Tehran protesters chanted 'death to the dictator' during sporadic nighttime demonstrations, videos obtained by Iran International show.

Similar chants were heard in Malard, a town in western Tehran province, on Monday evening.

Iran lawmakers reject draft budget, flag revenue risks and inflation fears

Dec 29, 2025, 14:13 GMT+0

Iran’s parliamentary budget committee has rejected the overall framework of the government’s 1405 (2026–27) budget bill, dealing an early setback to President Masoud Pezeshkian’s economic agenda amid soaring inflation and currency turmoil.

The Majlis’ joint budget committee voted 32–9 against the bill’s general outlines on Monday, citing concerns that the proposal would fuel inflation, further erode household purchasing power and rely on revenue assumptions lawmakers fear will not be met.

The committee said its report rejecting the bill will now be sent to parliament’s leadership for debate in an open session, where lawmakers will decide whether to return the budget to the government for revision.

The budget had been formally submitted to parliament last week, as Iran grapples with mounting fiscal pressures, a sliding rial and rising public discontent over living costs.

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    Iran president says budget cannot match wages to inflation

Iran replaces central bank chief as currency crisis deepens

Dec 29, 2025, 14:07 GMT+0

Iran’s president has appointed former economy minister Abdolnaser Hemmati as the new head of the central bank, state-linked media reported on Monday, confirming a leadership change amid turmoil in currency markets and mounting economic pressure.

Mehdi Tabatabaei, deputy head of communications at the president’s office, said on X that President Masoud Pezeshkian had decided to name Hemmati as central bank governor.

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Iran replaces central bank chief as currency crisis deepens

Dec 29, 2025, 13:57 GMT+0

Iran’s president has appointed former economy minister Abdolnaser Hemmati as the new head of the central bank, state-linked media reported on Monday, confirming a leadership change amid turmoil in currency markets.

Mehdi Tabatabaei, deputy head of communications at the president’s office, said on X that President Masoud Pezeshkian had decided to name Hemmati as central bank governor.

The move follows days of conflicting reports over the fate of Mohammad Reza Farzin, who had faced intensifying criticism as the rial slid to record lows and inflation accelerated.

Earlier on Monday, Iran’s judiciary denied reports that senior political leaders had agreed to retain Farzin, saying no such decision had been taken and that the matter fell solely within the president’s authority.

Later, the president’s office confirmed that Farzin had submitted his resignation earlier in December.

Hemmati, a former governor of the central bank and ex-economy minister, returns to the post as Iran grapples with severe currency instability.

On Monday, the dollar was trading at around 1.41 million rials on the open market, while gold prices also hit record highs, triggering protests and strikes by shopkeepers in parts of Tehran.

Protester stands ground as security forces move on Tehran market unrest

Dec 29, 2025, 13:41 GMT+0

Iranian security forces on motorcycles moved against protesting shopkeepers on Tehran’s Jomhouri Street on Monday, footage received by Iran International showed.

In the video, one protester sat down in the middle of the road and did not flee as the motorbike units advanced, in an apparent act of defiance.