TEHRAN

The ‘Hamster’ crypto craze has taken over Iran. It emphasizes the economic malaise in the run-up to the presidential elections

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DUBAI, United Arab Emirates (AP) — Taxi drivers and cyclists furiously tap their cellphones as they wait at the red light in the Iranian capital during a heat wave in early June. Some pedestrians in Tehran do the same. They all believe they can become rich. The object of their fascinated attention? The “Hamster Kombat” … Read more

A brazen iPhone scam in Iran reflects economic struggles and tensions with the West

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TEHRAN, Iran (AP) — With flashy celebrity ads and promises of big discounts, a store in Iran’s capital had offered consumers in the Islamic Republic one of the country’s most popular products: an iPhone due out in 2021. But instead of getting their hands on the handsets, police and prosecutors in Iran allege customers were … Read more