US military attacked in Iraq
TEHRAN (Iran News) – Iraqi sources reported on Monday that a roadside bomb has exploded on the way of a US coalition logistics convoy in the southern Iraqi province of Al-Diwaniyah. The blast did not cause any casualties or damage. On December 21, some Iraqi news sources reported on Monday that a bomb exploded on […]
China Will be Top Global Economy
China will leapfrog the U.S. to become the world's largest economy by 2028, according to a new report by an economic think tank, helped by its rapid and successful response to the COVID-19 coronavirus pandemic
Europe rolls out vaccines
TEHRAN (Iran News) – Europe rolls out vaccines in a bid to leave the COVID-19 pandemic behind. Europe launches a cross-border vaccination program of unprecedented scale on Sunday (Dec 27) as part of efforts to end a COVID-19 pandemic that has crippled economies and claimed more than 1.7 million lives around the world. The region […]
Fed raises its economic outlook
The Federal Reserve expects the real gross domestic product to fall just 2.4% in 2020, compared to a decline of 3.7% predicted in September. The Fed also upped its 2021 real GDP forecast to 4.2% from 4.0%.
Oil drops on surprise U.S. stock build
Brent crude futures fell 71 cents, or 1.4%, to $49.37 a barrel at 0646 GMT. U.S. West Texas Intermediate (WTI) crude futures slid 67 cents, or 1.4%, to $46.35 a barrel. Both contracts fell nearly 2% on Tuesday, already a second straight session of declines.
Pfizer, Moderna testing new coronavirus
Pfizer Inc and Moderna Inc are testing their COVID-19 vaccines against the new fast-spreading version of the virus that has emerged in Britain.
New Coronavirus Variant out of control
A growing number of European countries on Sunday halted flights from the UK following the discovery of a new variant of Covid-19.
Netherlands ban flights from UK
The Netherlands will ban flights carrying passengers from the United Kingdom from Sunday as Britain detected a new coronavirus strain.
China continuing to outpace the U.S. economy
China’s economic growth out of the pandemic is leading the world.
US must leave region
Iranian Foreign Minister Zarif reiterates the necessity of US withdrawal from the region.