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 2 October 2014 - Thursday - 8 Dhul-Ḥijjah 1435 | 02/10/2014 (20) 01/10/2014 (60) 30/09/2014 (39) 29/09/2014 (30) 28/09/2014 (50) Total: 76,481 content Facebook Twitter Youtube

Economy

2 October 2014 8:05

French protesters have held a rally to show their anger at plans to cut social security payments for almost half a million citizens. According to Press TV, Senior citizens held large demonstrations across the country after France's socialist government announced cost-cutting plans, under which some 500,000 seniors will have their social security payments lowered. Purchasing power has been France’s number one-concern...

1 October 2014 13:07

Iran’s exports of natural gas condensates have increased tremendously year on year. Iran exported USD 6.514 billion worth of natural gas condensates in the first half of the current Iranian calendar year (started March 21, 2014), registering an 85-percent rise. Some USD 1.8 billion of liquefied propane, USD 817 million of methanol and USD 730 million liquefied butane were exported during the...

30 September 2014 18:40

Iranian and Chinese officials in a meeting in Tehran on Tuesday underlined the need for the further expansion of trade and research relations between the two countries During the meeting in the Iranian capital today, Head of Iran's Institute for Trade Studies and Research Mohammad Reza Razavi and senior research fellow of China's Renmin University Wang Wen discussed avenues...

30 September 2014 18:12

Official figures show that France’s public debt has soared to 2 trillion euros for the first time in the second quarter of 2014. The National Institute of Statistics and Economic Studies (INSEE) reported on Tuesday that the figure is tantamount to more than 95 percent of the country’s gross domestic product. The European Union rules require the member states to limit their...

25 September 2014 23:05

Turkey's growth rate, for the second quarter of 2014, has slowed to 2.1% which is not only way below the double digit growth rates at the beginning of the decade but also shy of the government’s own target of 4%. This is a worrying slow-down, and with rising unemployment and inflation, may well have serious consequences, not just for the economy...

25 September 2014 12:52

Terrorist regime officials have decided to raise the regime’s military budget in 2015 by 10 percent following the recent Israeli war against the besieged Gaza Strip. The office of Terrorist israeli Prime Minister Benjamin Netanyahu announced through a Wednesday statement that the regime’s 2015 military funding will increase by 10 percent to $15.5 billion. The statement added that following talks to avert...

24 September 2014 8:19

Oil prices will likely fall to $90 a barrel by the end of the winter, Iran's head of oil sales Mohsen Ghamsari said Tuesday, countering views by other producers that expect prices to rebound. The remarks come after members of the Organization of the Petroleum Exporting Countries said in recent days they expect oil prices to rebound after it fell below...

23 September 2014 6:55

Iran will be capable of exploiting its oil reservoir for the next six decades as the country has raised its estimated crude reserves to 157 billion barrels, an Iranian energy official says. “Based on estimates, Iran will have oil for 60 years and gas for the next 200 years,” said Deputy Director of National Iranian Oil Company (NIOC) for Exploration...

23 September 2014 6:38

A new study in Italy has shown that the number of people living in fear of poverty is on the rise, Press TV reports. The study by Censis, a national, social and economic think tank, has shown that every third Italian is severely depressed and lives in fear of falling into absolute poverty. The study goes on to say that only 30...

21 September 2014 8:37

Managing Director of Pasargad Oil Company Mohsen Delaviz said Saturday that this company has signed Iranˈs biggest contract for exports of tar to a Persian Gulf country. Iran signs biggest contract for tar exports Under the contract, Iran is supposed to export 500,000 tons of tar a year to the country. The contract shows that Iran is interested in growth and prosperity...

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