World Bank Report on Iran's Economic Update — October 2019

World Bank Report on Iran's Economic Update — October 2019

Iran's Economic Update — October 2019

Iran’s economy is expected to contract further by 8.7% in 2019/20 due to external shocks to oil and gas sector output. The plummeting exports comes after the expiration of US waivers to major importers of Iranian oil and tightening…

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Iran, Kazakhstan talk bilateral cooperation strengthening

Iran, Kazakhstan talk bilateral cooperation strengthening

Iran and Kazakhstan have discussed issues of development of multilateral cooperation between state and private sectors of the countries, Trend reports with reference to the press office of the Ministry of Agriculture of Kazakhstan.

The discussion took place on September 26 and 27 in Nur-Sultan during the…

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Iran at Eurasia summit: a step forward to improvements in Iran’s economy

Iran at Eurasia summit: a step forward to improvements in Iran’s economy

Iranian President Hassan Rouhani attended the Eurasian Economic Union hosted by Yerevan. Rouhani mentioned that Iran is ready to share experiences with Armenia in different areas of technology, engineering, dam construction and energy. Also, President Armen Sarkissian said that Armenia seeks to expand ties with…

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Sanctions to Swell Iran’s Excess of Dirty Fuel

Sanctions to Swell Iran’s Excess of Dirty Fuel

Sanctions to Swell Iran’s Excess of Dirty Fuel

Monday, 26 Aug, 2019

Iran is about to burn a lot more fuel oil as a result of U.S. sanctions and new global shipping rules, reversing the nation’s progress in switching to cleaner-burning natural gas.

Power…

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