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Iran loosens import restrictions on foreign cars and iPhones, trying to mask its economic woes

News Snapshot:

TEHRAN, Iran (AP) — All architecture student Amirhossein Azizi wanted for his 19th birthday was the latest iPhone — and for Iran's cash-strapped theocracy, it was just the gift they needed as well. Just buying a top-of-the-line iPhone 16 Pro Max in Iran's capital cost him on the day 1.6 billion rials ($1,880). An additional 450 million rials ($530) is required for import fees and registration on government-managed mobile phone networks. “I’m very happy to own one of the most expensive phones in the country," Azizi said. His father, Mohammad, laughed nearby and added: “Maybe if they had to earn…

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