Tuesday, 28 October , 2025
  • What Does a Very Sick Economy Mean? 21 Oct 2025

    What Does a Very Sick Economy Mean?

    A sick economy means when the rate of money supply growth in any society exceeds the growth of real production of goods and services, demand for goods increases, and as a result, competition for selling at higher prices begins, with everyone trying to take revenge on the customer, who is eager to buy, by offering goods at higher prices. Essentially, liquidity (the volume of money and quasi-money in society) is the driving engine of inflation and price increases.

Iran Stands By Cuba against US Sanctions, FM Says 23 Sep 2024

Iran Stands By Cuba against US Sanctions, FM Says

Condemning the US’ move to designate Cuba as a so-called state sponsor of terrorism, the Iranian foreign minister expressed Tehran’s support for Havana against the American sanctions.

Leader Grants Clemency to over 2,800 Iranian Prisoners 21 Sep 2024

Leader Grants Clemency to over 2,800 Iranian Prisoners

Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei approved a proposal to pardon or commute the sentences of more than 2,800 Iranian convicts sentenced by various courts in the country.

Iran Supports Lasting Peace in Yemen 19 Sep 2024

Iran Supports Lasting Peace in Yemen

Iranian Foreign Minister Abbas Araqchi expressed Tehran’s support for lasting peace and security in Yemen under the auspices of the United Nations.

Iran Not After War, But Ready for Defense: President 18 Sep 2024

Iran Not After War, But Ready for Defense: President

President Masoud Pezeshkian reiterated Tehran’s opposition to wars and tensions, but emphasized that Iran is determined to defend itself against aggression.

Muslim Unity Remedy for Divisive Plots: Ayatollah Khamenei 17 Sep 2024

Muslim Unity Remedy for Divisive Plots: Ayatollah Khamenei

Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei warned about hostile plots to sow division and incite religious rifts in the Islamic world and among the Shiites and Sunnis of Iran, stressing the need for Muslim unity as a Quranic principle, not a mere tactic.

Iran Holds 17% Share of Dairy Market in Asia 16 Sep 2024

Iran Holds 17% Share of Dairy Market in Asia

The head of the Animal Science Research Institute of Iran said that the country has a 17% share of the dairy market in Asia.

Oman Keen to Expand Port Cooperation with Iran 15 Sep 2024

Oman Keen to Expand Port Cooperation with Iran

Officials from the Sultanate of Oman expressed willingness to enhance port cooperation with Iran and take advantage of the commercial infrastructures of the Imam Khomeini (RA) Port.

Iran’s Non-Oil Exports to Iraq Increase 71-Fold in 18 Years 14 Sep 2024

Iran’s Non-Oil Exports to Iraq Increase 71-Fold in 18 Years

The spokesperson for the Trade Promotion Commission of Iran’s House of Industry, Mine and Trade said the country’s export of goods to Iraq has risen from $145 million in 2004 to $10.238 billion in 2022, showing a 71-fold growth.

Iran to Produce 80 Million Tons of Petrochemicals by Yearend: Deputy Oil Minister 11 Sep 2024

Iran to Produce 80 Million Tons of Petrochemicals by Yearend: Deputy Oil Minister

The chief executive of the Iranian National Petrochemical Company (NPC) said that more than 80 million tons of petrochemical products will be produced in the country by the end of the current Iranian calendar year (to end March 20, 2025).

Iran Can Become Petrochemical Equipment Production Hub in Region: NPC Chief 10 Sep 2024

Iran Can Become Petrochemical Equipment Production Hub in Region: NPC Chief

The chief executive of the National Petrochemical Company (NPC) said that Iran can be turned into a petrochemical equipment production hub in the region.