Tuesday, 18 March , 2025
  • Iran to Expand Shipping Lines to West and Southwest Africa 17 Mar 2025

    Iran to Expand Shipping Lines to West and Southwest Africa

    TEHRAN - Iran is set to bolster its maritime trade links with West and Southwest Africa, following a decision by the Africa Committee chaired by the First Vice President, according to Mohammadreza Safari, Acting Director General for Africa at Iran’s Trade Promotion Organization (TPO). This move aims to enhance Iran’s economic footprint on the continent, building on existing shipping routes and trade relationships.

Oil Steadies Near $50 After Surging on Surprise Saudi Output Cut 06 Jan 2021

Oil Steadies Near $50 After Surging on Surprise Saudi Output Cut

Oil steadied in Asia after surging to a 10-month high on Saudi Arabia’s pledge to cut an extra 1 million barrels a day of crude output in February and March as a rampant coronavirus leads to more lockdowns.

EUR/USD recedes from 33-month high as Democrats take a lead in Georgia elections 06 Jan 2021

EUR/USD recedes from 33-month high as Democrats take a lead in Georgia elections

EUR/USD retreats to 1.2285 from a 33-month high of 1.2327. Risk sentiment weakens, pushing stocks lower and the anti-risk dollar higher.

Gold Price Forecast – Gold Prices Confirming Breakout, Silver and Platinum Leading 05 Jan 2021

Gold Price Forecast – Gold Prices Confirming Breakout, Silver and Platinum Leading

The 6-month cycle in gold bottomed in November, and prices are confirming a breakout. Silver and platinum are leading the surge higher and are displaying explosive potential.

Bitcoin price action looks similar to what happened at the beginning of 2018 05 Jan 2021

Bitcoin price action looks similar to what happened at the beginning of 2018

Bitcoin could be on the verge of a massive correction according to an indicator. However, Some people believe Bitcoin could still climb higher before a pullback.

Oil prices touch multi-month highs as OPEC+ expected to cap output 04 Jan 2021

Oil prices touch multi-month highs as OPEC+ expected to cap output

As prices rose in line with broader financial markets, Brent crude futures reached $53.33 a barrel, the highest since March 2020. U.S. West Texas Intermediate (WTI) crude touched $49.83 a barrel, the highest since February 2020.

EUR/USD 1Q Forecast: US Dollar May Rebound, FED, ECB Policies Diverge 03 Jan 2021

EUR/USD 1Q Forecast: US Dollar May Rebound, FED, ECB Policies Diverge

The US Dollar soared at the onset of the Covid-19 pandemic as panicked credit markets began to seize up, sending capital scrambling for the reserve currency’s ultimate liquidity.

Iran allocates $150,000 each for victims of Ukraine crash incident 30 Dec 2020

Iran allocates $150,000 each for victims of Ukraine crash incident

Iranian cabinet members agreed in a session on Wednesday to allocate 150,000 dollars or its euro equal to each family of the victims of the Ukrainian plane crash in Jan, 2020.

Which Developing Economies Will Rise After the Pandemic? 29 Dec 2020

Which Developing Economies Will Rise After the Pandemic?

The crisis has created many obstacles to growth, but also some opportunities.

Gold Prices Rise on Moving Average Crossover 29 Dec 2020

Gold Prices Rise on Moving Average Crossover

Gold prices moved sideways edging slightly higher following the news over the long weekend that President Trump had signed the US government stimulus bill.

Iran Unveils Own Oil Tanker In “Goodbye Party” For Trump 28 Dec 2020

Iran Unveils Own Oil Tanker In “Goodbye Party” For Trump

The Islamic Revolution Guards Corps (IRGC) of Iran unveiled this week the second oceangoing oil tanker it has helped to build, to show that the Islamic Republic has managed to build a tanker despite the U.S. sanctions imposed.