“We are currently supplying this gas to Turkey through Iran via barter. This agreement is very important for the security of Turkey’s supplies and for expanding and diversifying gas sources,” Bayraktar said in an interview with A Haber on…
Category: 4. Business
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Citigroup Nearly Credits $6 Billion to Customer in Wealth Division Error – Economy news
The incident occurred when a staff member copied and pasted an account number into the field for the dollar amount during a transfer process, according to the report. The mistake was detected the next business day.
Citigroup did not immediately…
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Saudi Aramco Sees 12% Drop in Profit to $106 Billion amid Lower Energy Prices – Economy news
A filing on Riyadh’s Tadawul stock exchange showed that the state-owned oil company, formally known as Saudi Arabian Oil Co., generated revenues of $436 billion last year.
Aramco had posted a $121 billion profit in 2023, down from its record…
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Trump Names Cryptocurrencies in Strategic Reserve, Boosting Market Prices – Economy news
In a post on Truth Social, Trump said his January executive order on digital assets would establish a stockpile of currencies, including Bitcoin, Ether, XRP, Solana, and Cardano. The specific names had not been previously disclosed.
More than an…
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Iran’s Economy Minister Dismissed after Losing Parliamentary Vote of Confidence – Economy news
Hemmati attended an open session of the Parliament on Sunday and took the podium to answer the questions of a number of lawmakers, complaining about his ministry’s performance and poor handling of the economic situation.
At the conclusion of the…
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Iran Can Nullify Sanctions: President – Politics news
“Engagement, trade, and cooperation with regional nations, when executed effectively and in conjunction with regional organizations such as the Eurasian Economic Union (EAEU), the BRICS group, and the Shanghai Cooperation Organization (SCO),…
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Parliament Impeaches Iran’s Economy Minister – Politics news
Hemmati has gone to the Parliament to answer the questions of a number of lawmakers complaining about his ministry’s performance and poor handling of the economic situation.
President Masoud Pezeshkian has also attended the impeachment session to…
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Markets Rattle As Trump, Zelenskiy Clash in Heated White House Meeting – Economy news
The two leaders engaged in a public war of words before the press, prompting a flight to safe-haven assets as investors weighed the implications for a potential peace deal with Russia.
“It’s disturbing,” said Jack McIntyre, portfolio manager at…
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Bitcoin Plunges to $89K As Trump Tariffs Spark Market Turmoil – Economy news
The sell-off, which comes after a period of significant gains tied to Trump’s pro-crypto stance, coincided with a major exchange hack and concerns over the volatile memecoin sector.
Bitcoin suffered a steep decline early Tuesday, crashing to…
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Iran-Made Trains to go to Metro After 25 Years
February 21, 2025
The Tehran Wagon Manufacturing Co. has received approval to build cars for the Tehran Metro with 85% domestic content. Some Metro cars have previously been made in Iran, but most have come from China since the…
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