TEHRAN- The 23rd meeting of the Board of Representatives of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) was held with presentations on the country’s special economic conditions, the latest status of the steel chain…
Category: 4. Business
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Strait of Hormuz revives Iran’s neglected trade corridors
TEHRAN- Disruptions in the Strait of Hormuz shifted Iran’s trade route toward neglected land and rail corridors, a path now activated from Pakistan and Iraq to China and Central Asia.
According to Mehr News Agency, the disruptions in commercial…
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Strait of Hormuz blockade following Iran war forces global return to coal
TEHRAN- According to a report published Sunday by The Wall Street Journal, countries around the world are returning to the highly polluting but reliable fossil fuel after the Iran war effectively shut the Strait of Hormuz, severing approximately…
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Blockade accelerates Iran's rise as Eurasia's transit hub
US naval blockade fails to isolate Iran as overland trade corridors through Iraq, Central Asia and Russia accelerate, turning Tehran into an unintended Eurasian transit hub.
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Controlling inflation, preserving employment, main priority of CBI
TEHRAN- The Governor of the Central Bank of Iran (CBI) identified controlling inflation as the main priority of monetary policymaking and said: All actions and programs of the Central Bank are carried out within the framework of this strategic…
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Agriculture ministry’s roadmap for price control; from supporting production to tackling overpricing
TEHRAN- Akbar Fathi, Deputy for Planning and Economy of the Ministry of Agriculture, wrote in a note about the ministry’s roadmap for controlling prices, from supporting production to dealing with overpricing, which was published in IRNA and…
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Trump’s trip to China had no economic achievements: expert
TEHRAN- An economic analyst, referring to Trump’s recent trip to China, said: This trip had no strategic achievements, especially in the economic sphere, for the United States, and contrary to what was imagined, it was not useful for reopening…
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Poll shows 8 in 10 Americans blame Trump for high gasoline prices
TEHRAN- A recent Reuters poll reveals that nearly eight out of ten Americans hold Trump responsible for soaring gasoline prices, signaling a sharp decline in his political standing.
With fuel costs now exceeding $4.50 per gallon nationwide…
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Trump's inability to see Iran's power costs him everything in China
Trump failed in China to stop Iranian oil, break the Iran-China partnership, or reopen the Strait of Hormuz, proving that his blindness to Tehran’s clout turned a planned victory into a strategic defeat.
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Nearly 9.5m tons of flat steel products produced in a year
TEHRAN- According to the statistics of the Iranian Steel Producers Association (ISPA), 9.449 million tons of flat steel products was produced in Iran during the past Iranian calendar year 1404 (ended on March 20).
Based on the ISIPA data, the…
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