Zeroes off, Toman Comes
Iranian lawmakers approved on Monday a monetary bill to shave four zeroes off the national currency.
Five minerals meet growth
Production volume of five selected minerals registered a growth in the last Iranian calendar year, as compared to the last year’s corresponding period.
US energy production passes consumption after 62 years
Energy production in the US last year exceeded consumption for the first time in 62 years, according to a statement by the country's Energy Information Administration (EIA) on Tuesday.
Iranian MP urges boosting economic ties with the globe
An Iranian lawmaker points to the need for Iran’s boosting of economic ties with countries across the globe.
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.