The EU and eurozone economies will contract at record rates this year, according to the latest projection from the European Commission.
News ID: 9352 Publish Date : 2020/05/06
Economic growth in Asia-Pacific will stall in 2020 in the worst slump for over 60 years, and the region should not expect to be bailed out by a major stimulus package from China, the IMF said.
News ID: 9176 Publish Date : 2020/04/16
At least five Indian states have decided to extend Covid-19 lockdowns until the end of this month, further cutting the country's fuel demand.
News ID: 9122 Publish Date : 2020/04/13
India is taking steps to increase domestic coal offtake in an attempt to reduce the country's record stockpiles.
News ID: 9119 Publish Date : 2020/04/13
Estimates show 15% of Iran’s economy will be affected by the coronavirus outbreak, says Economy Minister Farhad Dejpasand.
News ID: 9107 Publish Date : 2020/04/10
Iran's gross domestic product in the third quarter of the current Iranian year (March 21-Dec. 21, 2019) stood at +1.2%, Governor of the Central Bank of Iran Abdolnasser Hemmati wrote in an Instagram post.
News ID: 8737 Publish Date : 2020/03/16
Sanctions-hit Iran has asked the IMF for an emergency loan to help it battle the coronavirus pandemic.
News ID: 8694 Publish Date : 2020/03/12
The latest report published by the Central Bank of Iran (CBI) puts the country’s foreign debt at $9.053 billion at the end of the ninth Iranian calendar month of Azar (December 21, 2019), down from $9.339 billion at the end of the last Iranian year.
News ID: 8444 Publish Date : 2020/02/15
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced that Iran could manage to register positive growth in the first half of the current Iranian year (March 21- September 22, 2019).
News ID: 7984 Publish Date : 2019/12/17
Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18-month trade war between the world’s two biggest economies that has raised big questions about global demand for crude.
News ID: 7937 Publish Date : 2019/12/13
Director of the International Monetary Fund (IMF)'s Middle East and Central Asia Department said U.S. sanctions are not going to have any new major impacts on Iran’s economy in the upcoming year.
News ID: 7249 Publish Date : 2019/10/29
Steel market participants are far from optimistic that China will significantly boost its economic stimulus after the country's GDP growth rate fell to 6pc during July-September, still within Beijing's target of 6-6.5pc growth for this year.
News ID: 6729 Publish Date : 2019/10/18
The IMF yet again has marked down its projections for global economic growth this year and next because of the US-China trade war.
News ID: 6663 Publish Date : 2019/10/15
Canada’s Centerra Gold (TSX:CG) and the Kyrgyz Republic have finally completed all conditions included in a deal signed in Sept. 2017 ending long-dragged environmental and economic disputes over the company’s Kumtor gold mine, the country’s largest.
News ID: 5830 Publish Date : 2019/08/07
China's gross domestic product ( GDP ) growth slid to a 27-year low of 6.2pc in the April-June quarter, compared with 6.4pc in the preceding three months. This has raised expectations of further stimulus measures to shore up the economy, which may boost steel demand in the infrastructure and housing sectors.
News ID: 5196 Publish Date : 2019/07/15
Iranian experts working for a knowledge-based company managed to produce calcium-based alloys with applications in auto industry.
News ID: 5189 Publish Date : 2019/07/15
Iran’s overseas debts have declined from $10.03 billion reported at the end of the fiscal third quarter (Dec. 21, 2018) to $9.3 billion by the end of the fourth quarter (March 20, 2019), indicating a 7% decline.
News ID: 5094 Publish Date : 2019/07/09
Starting with a bang
But look more closely at the latest GDP figures, and they are not so rosy
News ID: 4387 Publish Date : 2019/04/29
The International Monetary Fund has forecast a deepening recession for Iran's economy this year, projecting real GDP growth of -6% in 2019 after a contraction of 3.9% the year before.
News ID: 4314 Publish Date : 2019/04/11
The World Bank has downgraded Iran's economic growth estimates and forecasts in a new report.
News ID: 4251 Publish Date : 2019/04/08