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…
Category: 4. Business
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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…
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Brazil to Host BRICS Summit in July amid Trade Tensions with US – Economy news
The Brazilian government said it will focus on promoting global governance reform and strengthening cooperation among Global South nations, according to an official statement.
BRICS, initially formed in 2009 by Brazil, Russia, India, and China,…
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President Visits Shipyards, Oil Platforms South of Iran – Economy news
During his first trip to Bushehr Province since taking office in July, Pezeshkian paid a visit to the Shahid Mahallati Shipyard on Thursday morning.
Established in 1996, the shipbuilding company has become a key player in designing, constructing,…
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France, UAE to Invest Up to €50 Billion in AI Megadatacenter – Economy news
The project, to be built in France, was unveiled on Thursday evening during a meeting between French President Emmanuel Macron and UAE President Mohamed bin Zayed Al Nahyan. The facility’s scale will surpass traditional cloud and hyperscale…
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President: Iran Won’t Cave In to Sanctions – Politics news
Speaking to reporters after opening a steel production factory in the southern city of Kerman on Saturday, Pezeshkian said the enemies are mistaken to imagine that Iran will starve to death under the pressure of sanctions.
He stated that Iran…
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Iran Wins TIRExB Seat in Geneva Election – Economy news
TIRExB is an international body supervising the transport of goods and shipping of cargos across the world.
Iran’s delegation won the seat during the TIRExB election in the Swiss city of Geneva.
Mostafa Ayati, the representative of the Islamic…
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Energy Shortage An Opportunity to Promote Efficiency: Iranian President – Economy news
Addressing a meeting on management and optimization of energy consumption, held at the Ministry of Interior in Tehran on Tuesday, Pezeshkian underscored the vital role of the public in redressing energy imbalances.
He also highlighted the efforts…
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Czech Central Bank Weighs Bitcoin Reserves, Signals Rate Cut – Economy news
Michl said he will present the plan to the board on Thursday. If approved, the bank could allocate up to 5% of its €140 billion ($146.13 billion) reserves to bitcoin, the FT reported.
“For the diversification of our assets, bitcoin seems good,”…
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Rial in Death Throes, Passes 800,000 Five Weeks After Sinking Below 700,000
January 17, 2025
The rial has been sinking so rapidly it’s passed 800,000 to the dollar now that the regime appears to have sabotaged the website by which the free market value is publicized.
On December 30, the governor of the…Continue Reading