Sunday, 25 May , 2025
  • State-Controlled Economy Is Iran’s Biggest Economic Challenge 25 May 2025

    State-Controlled Economy Is Iran’s Biggest Economic Challenge

    TEHRAN - Prominent Iranian economist and researcher in the philosophy and epistemology of economic science, Mousa Ghaninejad, stated that the most significant problem plaguing Iran's economy is its centrally controlled, command-style structure. He asserted that both the financial and real sectors of the Iranian economy suffer due to misguided policymaking.

Tehran, Moscow Urged to Launch Joint Trade, Industrial Holdings 23 Jan 2021

Tehran, Moscow Urged to Launch Joint Trade, Industrial Holdings

During a videoconference held on Wednesday, Iran and Russia were urged to form joint trade and industrial holdings in order to boost the bilateral trade cooperation.

Iran Oil Product Exports Hit Record High Despite Sanctions 23 Jan 2021
Iran, Oil Product

Iran Oil Product Exports Hit Record High Despite Sanctions

Oil Minister Bijan Zanganeh says Iran has achieved record-high exports of petroleum products despite U.S. sanctions.

Denmark Welcomes Boosting Cooperation 21 Jan 2021

Denmark Welcomes Boosting Cooperation

Denmark Ambassador to Tehran Jesper Vahr in meeting with representatives of religious minorities to Majlis said his country welcomes any move to boost its relations with Iran in any field.

Iran Has Highest Level of Transit to Afghanistan 21 Jan 2021

Iran Has Highest Level of Transit to Afghanistan

Afghanistan's Ambassador to Tehran said that Iran has the highest level of transit roads and goods to and from Afghanistan than other neighboring countries.

Gold flatlines around $1840 as markets look forward to Biden inauguration 20 Jan 2021

Gold flatlines around $1840 as markets look forward to Biden inauguration

Spot gold went sideways on Tuesday, as markets digested an as expected testimony from US Treasury Secretary nominee Yellen.

European markets edge higher ahead of Joe Biden’s inauguration 20 Jan 2021

European markets edge higher ahead of Joe Biden’s inauguration

Biden will succeed President Donald Trump as the 46th president of the United States shortly after noon ET. U.K. inflation doubled in December, despite stringent coronavirus restrictions over Christmas.

EUR/USD pressured below 1.21 18 Jan 2021

EUR/USD pressured below 1.21

EUR/USD is trading below 1.21, consolidating Friday's losses as the market mood is mixed. Upbeat Chinese GDP and US stimulus are cheering markets while Italy's political crisis and the depressing coronavirus picture is weighing on sentiment.

President Inaugurates 60 Projects in Its Free Trade, Industrial Zones 18 Jan 2021

President Inaugurates 60 Projects in Its Free Trade, Industrial Zones

President Hassan Rouhani officially inaugurated 60 projects in the country’s free trade-industrial and special economic zones.

Iran’s crude steel output rises 13% 13 Jan 2021

Iran’s crude steel output rises 13%

Production of crude steel (steel ingot) in Iran has risen 13 percent from January-November, 2020, according to a report released by the World Steel Association (WSA).

OPEC+ Compliance With Production Cuts Slips To 75% 13 Jan 2021

OPEC+ Compliance With Production Cuts Slips To 75%

OPEC+ group’s compliance with the oil production cuts fell to 75 percent in December 2020—one of the lowest levels since the pact was enacted in May 2020, tanker tracking firm Petro-Logistics said on Tuesday.