China's refusal to buckle under US tariff threats is creating increasing strains on the oil market and global economy
News ID: 5877 Publish Date : 2019/08/12
Iran’s non-oil exports excelled the country’s imports in the first quarter of the Iranian calendar year starting March 21, as authorities reported a trade surplus of around $1.5 billion.
News ID: 5811 Publish Date : 2019/08/07
We were right. At the beginning of the year, in the January edition of the Gold Market Overview, we wrote that “2019 fundamental outlook for the gold market is better than one year ago”. The quote below will give you full insight into our predictions at that time:
News ID: 5745 Publish Date : 2019/08/05
Inflation rate (the increase in consumer prices besides those of the producer), as one the main economic indices, has skyrocketed during the past recent year, i.e. as of the US withdrawal from the JCPOA, May 8, 2018.
News ID: 5677 Publish Date : 2019/08/02
Iranian First Vice-President Eshaq Jahangiri underlined that his country's economy has remained stable one year after the US imposed the toughest embargos against Tehran.
News ID: 5582 Publish Date : 2019/07/29
Amember of the Majlis Energy Commission says parliament is willing to approve rules that allow the government to offer crude oil in Iran Energy Exchange at discounted rates.
News ID: 5568 Publish Date : 2019/07/29
A new report is showing that the month-on-month inflation rate in Iran is curbing, while at the same time the country’s national currency is regaining lost value against the US dollar.
News ID: 5495 Publish Date : 2019/07/27
On July 5, 2019, the Vice Minister of MIIT, Xin Guobin, cochaired with the French Ministry of Economy and Finance, Thomas Courbe, the 7th Sino-French Industrial Cooperation Forum held in Chongqing.
News ID: 5308 Publish Date : 2019/07/19
Iranian Industry Minister Reza Rahmani said that despite US efforts to cripple Tehran’s economy, year-on-year comparison shows that the country’s domestic production has increased in the first quarter of the local calendar year (March 21-June 21).
News ID: 5216 Publish Date : 2019/07/16
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
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
Iranian Deputy Economy Minister Mohammad Ali Dehqan Dehnavi said that the Europe-proposed Instrument in Support of Trade Exchanges (INSTEX ) has failed to meet Iran's expectations, calling on the European states to compensate for their deficiencies.
News ID: 5023 Publish Date : 2019/07/04
German Chancellor Angela Merkel’s cabinet approved an aid package worth as much as 40 billion euros ($44.7 billion) by 2038 for the nation’s coal regions, launching a drive to transform chimney-stack economies into high-tech centers.
News ID: 4632 Publish Date : 2019/05/23
Canada is giving the country’s mining association more than C$325,000 ($242K) to develop a program that would give miners the tools and knowledge needed to better plan for climate change in decision-making at all stages of an operation’s life.
News ID: 4581 Publish Date : 2019/05/19
Thailand Finish long imports:- Thailand finish long imports registered at 0.23 MnT Q1 CY19 which is down by 8% against 0.25 MnT in Q4 CY18. Whereas on monthly & yearly proportionate it has moved up slightly by 14.28% to 0.08 MnT in Mar’19 against 0.07 MnT in Feb’19 as well as Mar’18.
News ID: 4475 Publish Date : 2019/05/09
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
China's steel sector, and the imported iron ore upon which it relies, are currently locked in a struggle between largely bearish longer-term structural factors and short-term cyclical influences, some of which are bullish.
News ID: 4107 Publish Date : 2019/03/21
China’s state-owned State Grid Corp promised further power price reductions for industrial and business users to support the economy, the company said on Sunday.
News ID: 3979 Publish Date : 2019/03/12
Iranian president Hassan Rouhani highlighted the huge capacities of Knowledge-based services and companies to create employment opportunities in the country, calling for further focus on the sphere.
News ID: 3741 Publish Date : 2019/02/25
Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi said that Iran has made great progress in scientific fields, and called for expanded cooperation with other countries to further forward national developments in areas of economy and industry.
News ID: 3622 Publish Date : 2019/02/14