آرشیو

Iran makes first import order using cryptocurrency: Report

Iran made its first official import order using cryptocurrency this week, Tasnim News Agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent U.S. sanctions.

People turning back to cash as prices rise in UK

British People are going back to cash to keep tighter control on their spending as living costs soar, according to new research by the Post Office.

Trade war with China could cost Germany six times as much as Brexit: Study

Germany would face costs almost six times as high as Brexit if it and the European Union were to shut China out of their economies, the Ifo Institute said on Monday, citing the results of a study.

EU plan to cut gas use by 15% comes into effect

An EU plan to cut gas consumption across the bloc by 15 percent to cope with an energy price crisis spurred by Russia's military operation in Ukraine comes into effect today.

Russia keeps investors from 'unfriendly' nations frozen out

Central Bank of Russia announced steps on Monday aimed at preventing investors from "unfriendly" countries from taking advantage of plans to allow those from "friendly" nations to resume trading on the Moscow stock market.

Iran’s domestic wheat purchases near $2b: GTC

Iran spent nearly $2 billion on purchases of wheat from domestic farmers since early April, according to a statement by the Government Trading Corporation of Iran (GTC). which indicates that purchases have risen by nearly a half compared with the end of the last harvesting season in July 2021.

Iran’s key gas pipeline near Azerbaijan almost completed

The National Iranian Gas Company (NIGC) authorities said a major gas pipeline project that is being constructed along the Caspian Sea is near completion amid Iran’s plans to increase gas supply to Azerbaijan under a swap deal with Turkmenistan, wrote Press TV.

Iraq asking Iran for increased gas supply: Official

An official in the Iraqi government said that the Arab country has been negotiating with Iran to secure a major increase in the daily supply of natural gas delivered to its power plants.

IME weekly trade tops $482m

The Iran Mercantile Exchange (IME) announced that over 2.09 million tons of commodities, valued at over $482 million, were traded in its domestic trading and export halls in the week closing on August 5.

Iran reports 24% rise in exports in month to late July

The Islamic Republic of Iran Customs Administration (IRICA) figures show non-oil exports from the country rose by nearly a fourth in the month to July 22.