0703 GMT: Economy Watch. A notable intervention from Mohammad-Baqer Qalibaf, Tehran Mayor and possible Presidential candidate in 2013? Calling for "economic jihad", he said that even with $120 billion income, Iran has problems with inflation and unemployment, blaming "bad management".
0659 GMT: Cartoon of the Day. Maya Neyestani's "There Are No Political Prisoners":
0651 GMT: Sanctions Watch. The US Government has tried to tighten sanctions by designating the National Iranian Tanker Company, 58 of its vessels and 27 of its affiliates as extensions of the State, countering Iran's attempts to use renamed vessels to evade sanctions.
Recent reports have indicated that Tehran has tried to counter latest restrictions, including European Union measure introduced on 1 July, by putting its tankers under the flags of other countries such as Tuvalu and Tanzania.
The main part of NITC's oil fleet can carry a maximum of around 62 million barrels of oil.
"We will continue to ratchet up the pressure so long as Iran refuses to address the international community's well-founded concerns about its nuclear program," Treasury Undersecretary David Cohen said in a statement.
The Treasury named Malaysian-based Noor Energy, Petro Suisse, Dubai-based Petro Energy, and Hong Kong Intertrade were identified asn controlled by or acting on behalf of the Iranian Government.
0635 GMT: We start this morning with a story from the economic front. Earlier this week some Iranian media hailed a 10% decrease in the price of chicken, but opposition sites are portraying a much different story, at least in Tehran. Both Khodnevis and Kalemeh claim that the open-market cost of chicken has soared, reaching more than 8000 Toman per kilogramme (about $3.00 per pound at official rate), although if you are willing to line up for hours, you can get less expensive meat,
Kalemeh drives home the point by portraying the cost of chicken in different cities, for example, showing how much cheaper it is in New York, while Khodnevis treats the situation with dark humour: "Revolutionary People Defy Sanctions in Tight Enemy-breaking Queues for 4650 Toman Chicken".
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