16 September 2014 14:42
A senior Iranian gas official says the country is ready to start planned natural gas exports to Iraq as soon as the Arab country's political conditions become more stable.
"For gas exports , Iran is waiting for more stability in Iraq," Ali-Reza Kameli, managing director of the National Iranian Gas Exports Company (NIGEC), said on Tuesday.
Iraq has been the scene...
16 September 2014 14:40
A report has revealed that the UK’s National Health Services (NHS) faces a mounting financial crisis as more hospitals are getting in deficit.
The report published by The Guardian on Monday said more than half of the UK’s hospitals are in deficit and the number is likely to rise to three-quarters by the end of the financial year next March.
14 September 2014 15:16
Investors pulled out £17billion from the British economy last month as fears that Scotland could go independent began to hit the prospects of the whole UK.
More money flowed out of British assets in August than at any time since the height of the financial crisis, a report revealed last night.
Businesses have warned of economic chaos in the event of a...
12 September 2014 22:40
The Argentinean Congress has adopted a new law enabling Buenos Aires to pay back the country’s debts to US creditors, sidestepping an earlier US court ruling in favor of the bondholders.
On Thursday, the lower house of Argentina’s Congress unanimously voted in favor of the new debt restructuring plan which allows the government to make debt payments inside the country or...
10 September 2014 22:51
Zionist-controlled banks in the US are trying to “undermine the Islamic Awakening” by throwing American Muslims in a psychological cycle of passive inactivity, an American political commentator says.
A number of banks in the US have closed the accounts of some Muslim customers without any explanation. The Council on American-Islamic Relations (CAIR) believes the move is linked to racist policies by...
10 September 2014 22:35
Official figures have revealed that the French economy will emerge from its stagnation much slower than previously thought, as Europe’s second-largest economy revises its growth forecasts.
French Finance Minister Michel Sapin said Wednesday that the country's economy is expected to grow at a tepid pace of 0.4 percent this year, well below initial projections of 1.7 percent.
In addition, Sapin said Paris...
10 September 2014 21:38
Russian Energy Minister Alexander Novak says Tehran and Moscow have signed projects worth of seventy billion euro to develop their trade and economic ties.
The Russian minister announced the report on Tuesday night during the 11th round of Iran-Russia trade cooperation commission, held in Tehran.
He said that 40 Russian companies took part in the joint economic meeting.
Russia is ready...
10 September 2014 17:25
Iran’s Oil Minister Bijan Namdar Zanganeh says Iran and Russia have agreed to do their transactions in their own currencies.
According to IRNA, he said in talks with Russian Energy Minister Alexander Novak, the two sides agreed to conduct their banking transactions in rial and ruble.
Speaking in conclusion of the 11th Meeting of Iran-Russia Permanent Commission on Trade and Economic...
9 September 2014 21:28
Iranian President Hassan Rouhani underlined improvement of the country's political and economic situation as well as its regional and international position, and said the world countries have now focused on Iran's economy.
"By pursuing the policy of constructive interaction, a new door has opened for talks and cooperation with other countries," Rouhani said, addressing a forum of Iranian and Kazakh traders...
7 September 2014 13:37
Economic growth key to fighting extremism in region
Iranian Foreign Minister Mohammad Javad Zarif has emphasized the importance of economic development as key to fight extremism across the Middle East.
“Economic development will play a fundamental role in security, stability and countering extremism in the region,” Zarif said at a Saturday meeting with Abdorrahim Nikpour, the new head of Afghanistan’s consular affairs...
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