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US ends 2021 with disappointing job growth ahead of Omicron surge
The US economy ended 2021 on a sour note with a worse-than-expected employment report underscoring the challenges awaiting President Joe Biden in the new year, as the Omicron variant runs rampant and his legislative agenda stalls.
U.S. current account deficit widens to biggest in 15 years in Q3
The U.S. current account deficit surged to a 15-year high in the third quarter amid a record increase in imports as businesses rushed to replenish depleted inventories.
US job growth slows sharply in November
US job growth slowed sharply last month, raising questions about whether the Federal Reserve will pursue a more aggressive approach to scaling back its stimulus programme.
China’s industrial profits growth accelerates in October
Profits at China’s industrial firms grew at a faster pace in October, the statistics bureau said, providing a buffer for a faltering economy battered by soaring raw material prices.
Record inflation clouds eurozone growth outlook
Eurozone inflation surged to a record rate this month as high energy prices jumped and supply woes bit, Eurostat said Friday, casting a cloud over the recovery from the coronavirus pandemic.
Goldman Sachs cuts China growth forecasts over power outages
Investment banking company Goldman Sachs on Tuesday lowered its annual economic growth forecast for China as nationwide power cuts hit millions of homes and halted production at factories.
Iran surpasses regional countries in economic growth
Statistics released by the Central Bank of Iran (CBI) showed that despite the COVID-19 pandemic impact on economies and the US sanctions against Iran, Iran registered the highest economic growth among countries in the West Asia region.
Iran’s annual economic growth at 3.6%: CBI
The economic growth of 3.6 percent was achieved in a condition that many countries affected by the consequences of the outbreak of the coronavirus registered a sharp decline in economic growth, IRNA reported.
President Rouhani: US maximum pressure campaign fails to break Iran
President Hassan Rouhani said Thursday that while economies of most countries in the world shrank last year, Iran's economy recorded 3.6% growth despite being under the pressures of sanctions and the COVID-19 pandemic.
Iran’s economic growth, excluding oil, hit 3.3% in quarter to March 20: SCI
Details of Iran’s financial system in the last quarter of the previous calendar year (Dec. 22-March 20, 2021) shows the country’s economy, excluding the oil sector, witnessed a 3.3 percent growth.
Iran’s economy records 3.6% growth in year to March: Chief banker
Iran’s economy grew by 3.6% in the calendar year to March both with oil and without oil, a sign the country is out of a deep recession caused by American sanctions and the coronavirus pandemic.
Eurozone business growth hits three-year high on services resurgence
Eurozone business growth accelerated at its fastest pace in over three years in May, as a strong resurgence in the bloc’s reopening service industry added to the impetus from an already-booming manufacturing sector, a survey showed on Friday.
CBI reports 2.2% growth in GDP
The Central Bank of Iran (CBI), in its latest report, put the growth of the country’s gross domestic product (GDP) in the nine months to December 20, 2020 at 2.2 percent.
Iran posts 5.1% economic growth for second quarter of fiscal year
Iran’s economy showed a robust growth in the quarter to late September despite pressures of the US sanctions and the spread of the coronavirus pandemic, according to new data by the Central Bank of Iran (CBI).
India’s budget to keep spending intact to revive growth
India is unveiling a new budget on Monday committed to higher spending to revive growth, blowing out the fiscal deficit wider than expected as the government of Prime Minister Narendra Modi seeks to spend its way out of the pandemic-induced slump.

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