“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),…
Category: 4. Business
-
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…
Continue Reading
-
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…
Continue Reading
-
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…
Continue Reading
-
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…
Continue Reading
-
IEA Says Biden Sanctions May Have Cut Iran Exports
February 21, 2025
The Paris-based International Energy Agency (IEA) says new sanctions the Biden Administration imposed on Iranian tankers in December may have cut into Iranian crude exports even before Donald Trump took office. The…
Continue Reading
-
IMF Still Expects Iran GDP Growth of 3.1%
February 21, 2025
The International Monetary Fund (IMF) forecasts Iran’s gross domestic product (GDP) this year will rise by 3.1 percent. That is the same forecast it gave in its last quarterly report. But it places Iran’s…
Continue Reading
-
South Pars Gas Field to Get More Pressure for Output
February 21, 2025
Iran is set to finalize deals with leading local firms to carry out a major pressure boosting project in the South Pars gasfield, the Islamic Republic News Agency (IRNA) reported February 2, citing a senior…
Continue Reading
-
Administration Committed to Addressing Challenges: Iran’s President – Economy news
Following a meeting at the Ministry of Economic Affairs and Finance on Wednesday, Pezeshkian underlined that his unannounced visit to the ministry was focused on addressing economic issues and countering certain propaganda campaigns, and that his…
Continue Reading
-
Iran-China Oil Flows Surge As Traders Circumvent US Sanctions – Economy news
Iranian crude oil exports to China rebounded in February, reaching an estimated 1.74 million barrels per day, according to preliminary data from intelligence firm Kpler Ltd. This marks an 86% increase from January’s daily rate and the highest…
Continue Reading