0200 GMT June 30, 2022
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The lira firmed versus the dollar on Monday then lost some of its gains as investors raised questions about Turkey's latest move to boost the currency by restricting lira lending to many companies with more than $1 million in forex.
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Sri Lanka's heavily loss-making state-run electricity monopoly asked for a shocking price rise of over 800 percent for its poorest customers with the bankrupt nation out of fuel, regulators said Monday.
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India and the European Union resumed talks Monday on a free-trade deal after a nine-year gap, as Western countries seek to wean New Delhi off its close economic ties to Russia.
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Wall Street's main indexes were set to open higher on Monday and extend gains from the previous week after a slide in commodity prices allayed concerns about an overly aggressive Federal Reserve that is seeking to tame inflation.
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European shares on Monday jumped to their highest level in two weeks, underpinned by miners and oil stocks, as an easing of COVID-19 restrictions in China boosted commodity prices.
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Nozar Shafiei
International affairs expert
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International Desk
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The Iranian government approved a plan to set up a separate ministry for foreign trade amid efforts to facilitate exports and imports and to help better regulate prices of consumer goods.
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Managing Director of the Thermal Power Plants Holding Company Abdolrasoul Pishahang said on Monday that 132 power plants are currently producing electricity at full capacity in Iran.
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Pakistan has agreed to limit the tariff imposed on apple imported from Iran to 5% under a new agreement signed between agriculture and food authorities of the two countries.
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