South Korea’s economy under pandemic attack
In the first quarter of this year, South Korea’s coronavirus-hit economy experienced its most severe contraction since 2008.
U.S. Economy in Abeyance More Than Ever
How can it be said an economy is on the verge of collapse? Can loss of jobs of about 20 percent of the people?
UN: COVID-19 Downturn May Greater than Great Depression
The COVID-19 pandemic could trigger the worst downturn in the global economy since the Great Depression, UN Secretary-General Antonio Guterres said on Friday.
IMF: Debt relief for 25 countries hit by pandemic crisis
IMF said it would provide immediate debt relief to 25 member countries hit by the pandemic crisis.
Stats: 6.5% decrease of FDI in industrial projects
Iran’s industrial, mining and trade sectors witnessed a 6.5 percent decrease, year-on-year, in terms of the value of FDI in projects.
Smart Economy the Only Shortcut for Surge in Production
Finance and Economic Affairs Minister Farhad Dejpasand believes smart economy can be the only option for surge in production, adding that the government is to reconsider about ownership of at least 20 percent of properties.
Jahangir Hails Growing Economy Despite All Pressures
First Vice-President Eshaq Jahangiri said on Saturday that the Iranian economy grew last year despite all the pressures on the country.
Iran official: 13-32% drop in global trade due to COVID-19 pandemic
The global trade of goods throughout the world will register between 13 and 32 percent decline in 2020 due to the outbreak of COVID-19, WTO says.
Boeing Supplier Cut 2,300 Employees due to Coronavirus Outbreak
US aero parts maker Triumph Group Inc (TGI.N) said it was furloughing about 2,300 employees for two weeks amid coronavirus.
North Khorasan exports $115 million per annum
Some 401,500 tons of commodities worth over $115 million is the number of exports from the northeastern Iranian province of North Khorasan.