Iran has revived a major liquefied natural gas (LNG) project that was delayed for years because of U.S. sanctions on the Iranian petroleum sector.
Iran revives long-delayed LNG project despite U.S. sanctions
Germany will offer tax relief worth 10 billion euros to help workers cope with soaring inflation, Finance Minister Christian Lindner said Wednesday.
Germany plans inflation relief tax package worth 10b euros
The Iranian ambassador to Baku unveiled plans for a trilateral meeting of Iran, Russia and Azerbaijan for talks on transit and customs affairs.
Tehran, Moscow, Baku to hold meeting on transit, customs services
Flight disruption in the UK was the worst in Europe in recent months, according to TUI, while Manchester was the most-affected airport, as the travel operator reported a €75m (£63m) hit from air traffic chaos.
Flight disruption in UK was worst in Europe in recent months, says TUI
US equity-index futures slipped as investors assessed whether a strong earnings performance can continue despite recent disappointments. The dollar extended a decline.
US futures slip amid focus on earnings, inflation
Sri Lanka's state-run electricity monopoly will raise tariffs by a stinging 264 percent for people consuming the least, it announced Tuesday, while higher users will face a smaller increase.
Sri Lanka raises electricity tariffs by up to 264%
Germany's economy will lose more than 260 billion euros ($265 billion) in added value by 2030 due to the Ukraine war and high energy prices, spelling negative effects for the labour market, according to a study by the Institute for Employment Research (IAB).
German economy to lose $265b in added value due to war, high energy prices: Study
The supply of Russian oil to three European countries through Ukraine has been halted as the transit payment cannot be processed due to sanctions, Russian firm Transneft said Tuesday.
Russian oil transit via Ukraine halted due to sanctions
Iran spent more than $135 million on critical repair work needed in power plants in the country in the three months to late June amid efforts to boost grid reliability and to prevent power cuts in household and manufacturing sectors over the warn summer months.
Power plant repairs cost Iran $135m in three months: Report
The value of Iran’s exports to the United States increased 16-fold in the first half of 2022 compared to the figure for the corresponding figure for 2021.
Iran’s six-month exports to U.S. up 16-fold

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