economic
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World Bank predicts 1.6% growth and 42% inflation for Iran’s economy
The World Bank predicted a 1.6% economic decline and 42% inflation for Iran's economy this year
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Global oil price today May 23 Brent crude hits $64.11
The price of Brent crude oil from the North Sea fell by 33 cents (0.51%) today, reaching $64.11 per barrel
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US stock market and dollar plunge following Trump tax bill
U.S. stock market indices and the dollar value fell sharply on Wednesday as investors sold off assets amid growing concerns over Donald Trump's proposed tax cuts
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Global Energy Agency Warns of Looming Copper Shortage Crisis
The International Energy Agency (IEA) warned in a report that demand for copper, essential for transitioning from fossil fuels to a low-carbon global economy, will surpass supply in the coming…
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Musk says he will stay at Tesla for at least five more years
Elon Musk, the American billionaire and owner of several companies including Tesla, stated that he will remain CEO of the electric vehicle manufacturer for at least the next five years
- free zones of Iran, heaven for investment | 741 investment packages in Iran's free zones | With a capacity of over 158 billion dollars | Safe investment in the Islamic Republic of Iran
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Reuters Claims Lifting Iran Sanctions Would Impact Chinese Refineries
Reuters claimed in a report that lifting U.S. oil sanctions on Iran could deal a "fatal blow" to China's independent refineries
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Global gold prices surge on May 20 2025
The price of gold per ounce rose by 0.40% today, reaching $3,303.42
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Global oil price today May 21 2025 Brent crude hits $66.43
The price of Brent crude oil from the North Sea rose by $1.05, equivalent to 1.61%, reaching $66.43 per barrel today
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EU Commission forecasts Brent crude oil price
The European Commission's spring report predicted that the price of Brent crude oil will drop to $67.7 per barrel in 2025 and $64 in 2026
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European airlines raise flight ticket prices
Europe's largest airline, Ryanair, announced it will raise ticket prices this summer after a year of low fares that led to a 16% drop in profits
- free zones of Iran, heaven for investment | 741 investment packages in Iran's free zones | With a capacity of over 158 billion dollars | Safe investment in the Islamic Republic of Iran
- news
China shares its model for eradicating poverty
The President of China stated that the government is ready to share its experience in eradicating poverty with member countries of the Shanghai Cooperation Organization
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Global oil price today May 20 2025 Brent crude hits $65.50
The price of Brent crude oil from the North Sea rose by 1 cent (0.01%) today, reaching $65.50 per barrel
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Global gold price surges today May 20 2025
The price of gold per ounce fell by 0.58% today, reaching $3,210 and 67 cents
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Oil giants brace for prolonged slump in crude prices
The English newspaper Financial Times warned in a report that the world's largest oil companies are preparing for a prolonged period of declining crude oil prices
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EU Commission cuts eurozone growth forecast
The European Commission has lowered its economic growth forecast for the eurozone in 2025, reducing it from 1.3% in its autumn estimate to 0.9% in its spring estimate
- free zones of Iran, heaven for investment | 741 investment packages in Iran's free zones | With a capacity of over 158 billion dollars | Safe investment in the Islamic Republic of Iran
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Wall Street plunges after US credit rating downgrade
Moody's credit rating agency downgraded the U.S. credit rating, causing the country's stock futures to open lower on Monday
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Dollar nearly eliminated from Russia and Eurasia trade
Russian officials report that the use of national currencies in trade between Moscow and Eurasian Economic Union member states has reached a record 93%, indicating the near elimination of the…
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Hot summer burns through Americans’ wallets in 2025
Studies indicate that due to unprecedented energy price hikes in the U.S. and reduced government support, staying cool in summer 2025 will become a financial burden for many households
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Trump Says India Will Soon Lift Tariffs on US Goods
The U.S. president claimed that India will soon be ready to reduce its import tariffs on American goods by 100 percent
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EU ministers criticize US-UK trade deal
EU trade ministers criticized the recent UK-US agreement and warned that the bloc may consider retaliatory measures against Washington if it fails to secure more favorable terms than this deal
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Global oil price update July 19 2024 Brent crude hits $65.28
The price of Brent crude oil from the North Sea fell by 13 cents (0.20%) today, reaching $65.28 per barrel
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Global gold price drops sharply on May 19 2025
The price of gold per ounce rose by 0.56% today, reaching $3,221.73
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UK Crypto Firms Must Disclose Customer Transactions Starting July 15 2024
UK to Require Crypto Firms to Report Customer Transaction Data from 2026
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Victims families outraged as US justice system fails in Boeing 737 crash case
Attorneys for the families of victims in two fatal Boeing 737 Max crashes stated that the U.S. Department of Justice, despite Boeing's prior agreement to admit guilt, intends to close…
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Moody’s downgrades US credit rating after a century
The credit rating agency Moody's downgraded the U.S. credit rating on Friday, stripping the country of its last top-tier credit score after 108 years
