Iran Economic News Headlines
A year after the US unlawful abrogation of the Joint Comprehensive Plan of Action [the formal name of the nuclear deal Iran signed with six world powers], Europe cannot muster the political will to defy US' economic terrorism, not even by setting up a single banking channel for humanitarian aid. (Twitter)
2. Governor of the Central Bank of Iran Abdolnasser Hemmati: With a change in Iran’s commercial structure, US sanctions are about to unravel. (ILNA)
3. President Hassan Rouhani: Ties between Iran and Iraq are so strong now that no country can disrupt them. (IRNA)
4. Minister of Industries, Mining and Trade Reza Rahmani: The daily production of Iran’s two main automakers [Iran Khordo and SAIPA] has exceeded 4,000. (IRNA)
5. Pakistan’s Prime Minister Imran Khan: Islamabad is working on the restoration of Quetta-Taftan-Zahedan railroad track. (IRNA)
6. Mohammad Omid, an official with the Presidential Office for rural and deprived areas’ development: The government has allocated 180 trillion rials [$1.3 billion] for rural development and job creation. (IRNA)
7. Jamshid Ansari, the head of Administrative and State Recruitment Organization: The government employs 45,000 new personnel every year. (IRNA)
8. Director General of Agriculture Ministry's Processing and Downstream Industries Bureau Changiz Esfandiyari: Every year, about 4 million tons are added to the capacity of Iran's agricultural processing industry. (IRNA)
9. Deputy Minister of Industries, Mining and Trade Mohsen Salehinia: Out of 33,000 manufacturing enterprises in Iran, 76% are operating. (IRNA)
10. Secretary of the Biosafety Society of Iran’s Consulting Council Samira Kahak: There's no evidence that genetically-modified products harm human health or environment. (IRNA)
source: Financial Tribune
Top News
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
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India’s record gold import said to be due to calculation error
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
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Aluminum price falls to one-month low in wider commodity slump
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Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
