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September 13, 2025
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  • World Economy
    RBS Under Pressure, Struggling to Sell 300 Branches
    December 19,2016

    Struggling lender Royal Bank of Scotland is facing a fresh challenge in its long-running effort to sell 300 branches ahead of a European Union deadline.

    The bank failed to attract any…

    news
  • World Economy
    Russia’s 2016 Inflation Lowest in 25 Years, Putin Says
    December 19,2016

    Russian President Vladimir Putin does not rule out that on the results of 2016, inflation in Russia will amount to 5.8%, which is the lowest level in a quarter century.

    news
  • World Economy
    Brazil’s Super Rich Own 45% of GDP
    December 19,2016

    Roughly 700 people–that is, 0.36% of the Brazilian population–own 45% of Brazil’s GDP. And they almost always pay less tax than the average worker. A new study, conducted by economist Evilasio…

    news
  • World Economy
    Azerbaijan FDI Falls 5.3%
    December 19,2016

    Azerbaijan saw a 5.3% drop year-on-year in foreign direct investment to $5.4 billion in the first three quarters of this year, the central bank said on Monday, Reuters reported.

    news
  • World Economy
    Moody’s Slashes (P)GCC Non-Financial Corporate Outlook
    December 19,2016

    Low economic growth, weak consumer and business confidence and tight liquidity conditions are expected to keep outlook of (Persian) Gulf Cooperation Council Arab non-financial corporates in 2017…

    news
  • World Economy
    Lagarde Found Guilty of Negligence
    December 19,2016

    French judges on Monday found IMF chief Christine Lagarde guilty of negligence for failing to challenge a €400 million ($417 million) state arbitration payout to a business tycoon in 2008 when she…

    news
  • National
    Tehran, Lisbon Favor Broader Cooperation
    December 19,2016

    Iran's top lawmaker called for closer economic cooperation between Tehran and Lisbon, saying the current bilateral trade is "negligible" compared with the two nations' capacities.

    Ali…

    news
  • National
    Aleppo Liberation a Blow to US, Allies
    December 19,2016

    A senior lawmaker said the resistance of the Syrian people and army dealt the final blow to the United States and its regional allies in the newly liberated strategic city of Aleppo.

    news
  • National
    Jahangiri’s Turkey Visit Postponed
    December 19,2016

    First Vice President Es’haq Jahangiri’s visit to Turkey was postponed because of his tight schedule, Foreign Ministry Spokesman Bahram Qasemi announced on Sunday. Earlier, media reports said the…

    news
  • National
    Iran, Russia, Turkey DMs to Meet in Moscow
    December 19,2016

    While Moscow has already planned a trilateral meeting with the foreign ministers of Iran and Turkey for talks on Syria, the defense ministers of the three countries have also agreed to discuss…

    news
  • National
    Iranian Gov’t Moves to Defend Citizens’ Rights
    December 19,2016

    President Hassan Rouhani unveiled the final version of the Charter on Citizens' Rights in a ceremony on Monday, which is expected to raise public awareness on their rights and commits all…

    news
  • National
    (P)GCC Outreach Will Receive Positive Reaction
    December 19,2016

    The Foreign Ministry spokesman said Iran seeks friendship with neighbors and will give a positive response to a recent outreach by Persian Gulf Arab states to Tehran.

    news
  • National
    Vast Potential for Boosting Tehran-Athens Relations
    December 19,2016

    Deputy Foreign Minister for European and American Affairs Majid Takht-Ravanchi highlighted the abundant opportunities for cooperation with Greece, saying the two countries have common stances on…

    news
  • National
    Greetings to Nigerien Nation
    December 19,2016

    President Hassan Rouhani expressed his congratulations to the people and government of the Republic of Niger over the West African country's national day. In a message to Niger's President…

    news
  • World Economy
    Barclays to Cull 7,000 Clients
    December 19,2016

    Barclays Plc is preparing to tell 7,000 clients to do more trading with the firm or find another bank, the latest move in an industrywide trend of winnowing down customer lists to the ones that…

    news
  • World Economy
    Swiss Unblock Some Egypt’s Frozen Assets
    December 19,2016

    Blocked assets worth 180 million Swiss francs ($175.45 million) have been unfrozen by the Swiss Office of the Attorney General, the OAG said, after it dropped part of a criminal inquiry related to…

    news
  • World Economy
    Irish Economy to Grow by 2.7%
    December 19,2016

    Ireland’s economy will continue to grow at a good pace over the next four years, despite the backdrop of economic and political uncertainty, according to the EY Economic Eye Winter Forecast. The…

    news
  • World Economy
    Africa at Highest Risk of Major Economic Blow
    December 19,2016

    Countries most dependent on agriculture are also at high risk of experiencing changes in climate over the next 30 years and face the biggest costs in dealing with the effects of extreme weather,…

    news
  • World Economy
    China Overtakes US in M&A Deals
    December 19,2016

    Chinese companies have overtaken US firms in terms of volume of cross-border merger and acquisition deals.

    During the first quarter of the year, Chinese companies closed M&As amounting…

    news
  • World Economy
    New Zealand Growth Remains Robust
    December 19,2016

    Building consents in New Zealand have hit an 11-year high, activity in the services sector remains robust, while business and consumer confidence are buoyant. In construction, the number of…

    news
  • Economy, Domestic Economy
    Iran Holds 29% Share in Global Carpet Exports
    December 19,2016

    Iran accounts for 29% of global exports of hand-woven carpets, the head of Iran Hand-Woven Carpet Producers’ Cooperatives Union, Abdollah Bahrami, said. The country exported about $167 million…

    news
  • Domestic Economy
    Iranian Gov’t to Issue Bonds Worth Nearly $900m
    December 19,2016

    The government is kick-starting its winter borrowing to finance yearend spending. The Iranian fiscal year ends mid-March.

    The administration is starting with Islamic Treasury Bills and…

    news
  • Economy, Domestic Economy
    Chicken, Egg Exports
    December 19,2016

    Around 40,000 tons of eggs and 44,000 tons of chicken were exported from Iran over the eight months to November 21, 2016, an official with the Ministry of Agriculture said.

    The exports were…

    news
  • Economy, Domestic Economy
    IME’s Role in Streamlining Exports
    December 19,2016

    Today, the prosperity of a country’s economy has more to do with the commodities that are exported than the goods produced and consumed locally.

    news
  • Economy, Domestic Economy
    54% Hike in Exports to France
    December 19,2016

    Iran exported some 6,000 tons of non-oil goods worth $17.7 million to France during the eight months to November 20, registering a 54% rise in value compared with last year’s corresponding period…

    news

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