Tag Archives: Iran

International Monetary Fund (IMF) on Tue. predicted that Iran’s economic growth and inflation would improve during the outbreak of coronavirus, COVID-19.

Global oil prices have been hit with a double whammy by the spat between Russia and Saudi Arabia in mid-March over output cuts and the coronavirus (COVID-19) pandemic.

Goldman Sachs said on Sunday that oil prices would continue to fall in the coming weeks, reasoning that a historic yet insufficient deal by major oil producers to cut output is unlikely to offset a coronavirus-led demand rout.

The details of the coronavirus rescue package which has been provisioned to help low-income households and struggling businesses that have been affected by the economic consequences of the pandemic over the past two months.

Three Iranian knowledge-based companies are working on discovering the exclusive antibody of coronavirus known as immunoglobulin, according to an official.

Iran and Turkey traded 54,000 tons of goods last month amid the coronavirus outbreak and railway transportation served as the only means for transfer of goods between them.

A Court in Luxembourg has announced that Iran’s blocked assets has not yet been released and a final ruling of the Supreme Court is needed for releasing them.

Iranian First Vice-President Eshaq Jahangiri said that the US sanctions against Tehran also include restrictions on essential goods highly needed by the country.

Iran has considerably increased its export from the Southern province of Bushehr despite the US sanctions imposed on the country, a senior official said.

Head of the Iranian National Union of Agricultural Products Reza Nourani said the Eurasian Economic Union (EAEU) has removed tariff rates for the import of 10 Iranian products.