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Iran's Internet shutdown inflicts economic losses

China

China

China

Iran's Internet shutdown inflicts economic losses

2026-01-17 17:53 Last Updated At:01-18 03:47

Iran's nationwide internet blackout has inflicted significant economic losses, severely disrupting online businesses and digital livelihoods.

Following the escalation of protests in dozens of cities, the Iranian government on Jan. 8 implemented measures to suspend international internet connectivity and block international phone calls.

The local economy suffered substantial damage during the period of internet disconnection.

"We have clients who specialize in attracting international patients to Iran's health sector. They handle all aspects of their medical travel -- from consultation and scheduling to logistics and coordination. However, due to the internet blackout, these operations have been halted entirely," said Mohammad Nematzadeh, an IT manager.

Over the past decade, high unemployment has remained a persistent challenge for Iran's economy. In response, many young Iranians have increasingly turned to social media and digital platforms to establish online enterprises and generate income. However, internet restrictions have already cost this rapidly expanding digital sector hundreds of millions of dollars per day.

"According to government statistics, the daily revenue for Iran's internet-based businesses reached 36 million dollars in 2022. That figure has now grown to more than 80 million dollars per day, demonstrating the rapid expansion of the digital economy," Nematzadeh said.

In Iran, communications and cyberspace policies are shaped through a coordinated process involving multiple government institutions, including the Supreme Cyberspace Council, which brings together representatives from across the state.

Iran's Internet shutdown inflicts economic losses

Iran's Internet shutdown inflicts economic losses

U.S. President Donald Trump said on Friday that he may impose additional tariffs on countries that do not support his plan for the United States to "obtain" Greenland.

This is the first time Trump threatened to use tariffs to acquire Greenland, according to U.S. media reports.

Danish Defense Minister Troels Lund Poulsen said on Friday that the U.S. threat to impose additional tariffs highlights the severity of the current situation.

The Danish Ministry of Defense announced on the same day that two Danish F-35 fighters and a French multi-role tanker transport aircraft had completed a training exercise in the southeastern part of Greenland.

Belgium announced on Friday the dispatch of one military person to Greenland to participate in a multinational joint task.

The German Ministry of Defense stated that it is considering sending Eurofighter Typhoon combat aircraft and maritime patrol aircraft to Greenland.

Austrian Chancellor Christian Stocker said on Friday that Greenland is an autonomous territory of Denmark, and Denmark's sovereignty and territorial integrity must be unconditionally respected.

He said Europe has witnessed the United States completely altering the foundation of its relationship with Europe, and the current situation demonstrates that Europe's security needs to be controlled by Europe itself.

Trump threatens nations not backing his Greenland plan with tariffs

Trump threatens nations not backing his Greenland plan with tariffs

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