Monthly employment data suggests the number of people working in Canada's oil and gas sector has fallen by more than 14,000 so far this spring, as the sector deals with low oil prices and the economic impact of COVID-19.
Number of Canadians employed by oil and gas sector falls by 14,000, data shows
Two Federal Reserve officials sounded increasing pessimism on the swiftness of any economic recovery from the COVID-19 pandemic and warned the unemployment rate could rise again if the disease is not brought under control.
Fed officials signal rising caution on US economic recovery amid virus spread
The heads of the central banks of Iran and Iraq have agreed to introduce schemes that could accelerate settlement of payments related to the supply of basic goods to Iran.
Iran, Iraq agree to speed up payment settlements on basic goods
Iran and Pakistan fully reopened the Mirjaveh border crossing on Friday as 45 trucks carrying Iranian products entered Pakistani territory.
IRICA: Iran, Pakistan fully reopen Mirjaveh border crossing
Iran’s President Hassan Rouhani inaugurated the national developmental projects, saying that these projects send a message to the world, which is that the Iranian nation will never stop moving in the path of pride and excellence.
Rouhani inaugurates development projects
Iran has become the second country in the world in terms of the amount of caviar production, says the country’s fishery chief, as plans are in place to expand cultivation for sturgeon and other fish that lay the precious eggs.
Iran has world’s second largest caviar output: Official
Total foreign investments in Iran’s industrial, mining and trade projects during March 20-May 20 indicate a year-on-year growth of 5.4 percent.
Ministry: Foreign investments in Iran’s industrial, mining projects up 5.4%
The Central Bank of Iran (CBI) said that net foreign assets held by bank and Iranian non-banking financial institutions have surged by over a quarter over the year ending March 19.
Iran foreign assets up over a quarter: CBI
Spain experienced a sharp decline in economic activity during the first two weeks of the coronavirus confinement, according to figures released by the Bank of Spain.
Spain’s economy fell 34% in first two weeks of coronavirus lockdown
India plans to impose higher trade barriers and raise import duties on around 300 products from China and elsewhere, two government officials said, as part of an effort to protect domestic businesses.
India plans extra tariffs, trade barriers on 300 imported products from China

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