• Chinese companies who signed oilfield development contracts with Iran when economic sanctions were in force should renegotiate their place in the country's fast reshaping energy sector, said a…

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  • Argentina’s annual inflation rate is now about 20%, down from an estimated rate of about 40% last year. The central bank is struggling to keep the economy on a disinflationary path, with a goal of…

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  • Canada’s economy unexpectedly shrank in October, weighed down by the worst manufacturing output in nearly three years, Statistics Canada said.

    Gross domestic product contracted by 0.3% for…

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  • Singapore’s factory output jumped 11.9% in November over the same month last year, the fastest pace since March 2014 and better than October’s revised 1.3% expansion.

    A surprise surge in…

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  • As the year comes to a close, special attention must be paid to the South Korean economy. Sure, the presidential scandal is stealing the headlines but there might be something even worse lurking…

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  • The mood among German consumers improved heading into January as they became more upbeat about their future income, a survey showed, suggesting household spending will continue to propel economic…

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  • The ratings agency Fitch downgraded Belgium’s long-term debt rating one notch to AA-, citing growing levels of sovereign debt, but said the European nation’s outlook was stable, AFP reported.

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  • Renault Trucks is expanding cooperation with the Iranian importer Arya Diesel Motors. On December 21 the two sides signed two agreements in Lyon: an import agreement covering vehicles from the T,…

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  • Modiran Vehicle Manufacturing Company (MVM), the official representative of the Chinese brand Chery in Iran, has unveiled a face-lifted version of Tiggo5 in Tehran. According to a company…

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  • Automotive sales data shows that in the first eight months of the current fiscal year (started in March) SAIPA’s Pride and Iran Khodro Company’s Peugeot 405 held the sales record.

    According…

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  • A federal judge said on Thursday that Volkswagen AG has reached an agreement in principle to provide “substantial compensation” to the owners of about 80,000 3.0-liter polluting diesel vehicles, a…

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  • China will fine US automaker General Motors Co’s joint venture $29 million for monopolistic pricing, state television reported on Friday, ending speculation after an official warned of penalties…

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  • Volkswagen is to produce its Polo hatchbacks under a joint venture with an Iranian automotive company, Mammut Group.

    According to Persian Khodro, a local automotive website the production…

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  • Tens of thousands of people were expected to gather in Seoul on Saturday for a ninth straight week to demand the ouster of impeached President Park Geun-Hye, organizers said.

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  • Turkish authorities have detained seven people after the assassination of the Russian ambassador to Turkey, while Russia is sending more than a dozen investigators to join the inquiry.

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  • The US federal authorities cautioned local law enforcement on Friday to be aware that supporters of the self-styled Islamic State terrorist group have been calling for their sympathizers to attack…

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  • As Syrian President Bashar al-Assad and his allies said the insurgents’ withdrawal from the city could pave the way toward a political solution for the country, some militants shelled Aleppo and…

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  • The US president-elect, Donald Trump, upped the stakes on Friday in a back-and-forth exchange with President Vladimir Putin over nuclear weapons that tested the Republican’s promises to improve…

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  • The headless body of a villager has been found days after he spoke to reporters on a rare government-guided media tour of restive northern Rakhine state, Myanmar police said on Friday.

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  • More than 70% of middle-aged Iranians (over the age of 45), 20% of children under the age of two, and 45% of all Iranians are obese or overweight, said Zahra Abdollahi, director general of…

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  • The rate of Alzheimer’s disease is rising in the country, said director of Iran Alzheimer’s Association Masoumeh Salehi. “Based on the latest data, there are nearly 600,000 people living with the…

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  • The Majlis (parliament) recently passed a bill to bring healthcare services for different types of psychological disorders under basic and complementary insurance from the next fiscal year which…

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  • Cancer is a leading cause of morbidity and death worldwide, and its prevalence is predicted to increase in the next few years. Cancer prevention strategies include making healthy lifestyle choices…

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  • Implementation of the second phase of Milad Project is marked by delays due to the failure to chalk out a suitable plan so far, after the winning design proposed by the late British-Iraqi…

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  • On average, there are 10,000 children living at welfare centers across the country, but the adoption rate is only 1,200 children per year, said Habibollah Masoudi Farid, deputy head of the State…

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