August 26, 2018 8:16 PM

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Iran's parliament impeaches Economy Minister Masoud Karbasian

<p class="MsoNormal" style="margin: 0in 0in 0.0001pt; color: #222222; line-height: 29.3333px; font-size: 11pt; font-family: calibri, sans-serif;"><span style="font-family: tahoma, sans-serif; font-size: 14pt;">Iran's parliament today impeached Economy Minister Masoud Karbasian as the government struggles to face down a mounting economic crisis. Karbasian lost the vote of confidence, which was carried live on state radio, by 137 votes to 121, with two abstentions. He is the second minister in President Hassan Rouhani's cabinet to be impeached this month, following the removal of Labour Minister Ali Rabiei on August 8. Iran has struggled with high rates of inflation and joblessness for years, despite a slight improvement following the 2015 nuclear deal with world powers.</span></p>''<p class="MsoNormal" style="margin: 0in 0in 0.0001pt; color: #222222; line-height: normal; font-size: 11pt; font-family: calibri, sans-serif;"><span style="font-size: 14pt; font-family: tahoma, sans-serif;">                              <wbr />   </span></p>

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