Economy | Taghribnews (TNA)

27 Jul 2019 11:30

Iran slams plots for devaluing national currency

Governor of Iran’s Central Bank (CBI) has slammed plots for devaluing the country’s national currency as rial keeps regaining some of its value despite increasing economic pressure from the US and the Persian Gulf ...

21 Jul 2019 13:58

Iran’s currency relatively stable despite Persian Gulf tensions

Iran’s rial reaches relative stability against US dollar following months of low trade due to US President sanctions against different financial sections and also the recent tensions in the Persian Gulf.

5 Jul 2019 13:01

Europe trade channel with Iran about to operate in coming days: French minister

French Finance and Economy Minister Bruno Le Maire says he hopes that a special financial mechanism set up by European powers with Iran, known as Instex, will complete the first transaction in the coming days.

9 Jun 2019 16:26

Zarif says dollar must be ditched to strip US of economic sway

Iranian Foreign Minister Mohammad Javad Zarif says much of America’s undue economic influence will be taken away if countries stop using the US dollar in their international transactions.

9 Jun 2019 12:46

Iran has no plan to leave OPEC: Oil minister

Iranian Minister of Petroleum Bijan Zangeneh says Tehran has no plans to leave the Organization of the Petroleum Exporting Countries (OPEC), criticizing certain member states for politicizing the group to counter ...

21 May 2019 14:56

Sanctions bill on Nord Stream 2 coming soon: US energy secretary

United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 project would come in the "not too distant future".

30 Apr 2019 14:10

Int’l audit firm announces US dollar shrinking value in Russia’s foreign trade

An international audit firm announced Russia has successfully lowered the number of deals in US dollar shrinking the value of American currency in Russia’s foreign trade.

28 Apr 2019 10:55

No immediate hike in Russia's oil output after Iran waivers end, Putin says

Russian President Vladimir Putin has reiterated Moscow's commitment to an agreement with the Organization of the Petroleum Exporting Countries (OPEC) on keeping production at a certain level, saying his country ...

23 Apr 2019 11:16

India to get extra oil from major producers to make up for Iran oil loss

India will get additional supplies from other major oil producing countries to compensate for the loss of Iranian oil, India's Petroleum and Natural Gas Minister Dharmendra Pradhan said on Tuesday.

20 Apr 2019 11:40

'Japan relies on Iran's oil, seeking to talk to US about the matter'

Japan says it relies on crude imports from Iran and seeks to hold talks with the United States about the matter to keep its energy supply steady, amid ongoing attempts by Washington to curtail Iran’s oil sales ...

10 Apr 2019 11:28

Trump vows to put tariffs on $11 billion of EU products

U.S. President Donald Trump on Tuesday said the United States would impose tariffs on $11 billion of products from the European Union, a day after the U.S. Trade Representative proposed a list of targeted products ...

7 Apr 2019 09:17

Last flight leaves Atatürk as Istanbul switches airports

The last commercial passenger flight took off from Istanbul's Ataturk airport on Saturday and convoys of trucks ferried thousands of tonnes of equipment across the city to a giant new airport which Turkey plans ...

6 Apr 2019 11:53

Turkey earns some $1.1B in hazelnut exports in 7 months

Turkey sold over 189,000 tons of hazelnuts abroad in the first seven months of the export season, the Black Sea Exporters Association said on Thursday.

20 Mar 2019 09:00

Defying US sanctions, Iran inaugurates new South Pars gas field phases

Iran's President Hassan Rouhani has inaugurated four new phases of the huge offshore South Pars gas field in a move, which has been seen as a clear sign of the failure of US sanctions against the country.

12 Mar 2019 13:46

EU to add Bermuda to tax haven list, Italy blocks UAE listing

European Union finance ministers are set to add on Tuesday the British territory of Bermuda to the bloc's tax haven blacklist in a major revamp of the listing, an EU document seen by Reuters showed.

12 Mar 2019 12:37

Nearly 5,000 bankers in EU earn more than $1 mln a year

The number of bankers in the European Union paid over a million euros ($1.1 million) a year rose in 2017 to nearly 5,000, even after regulators capped bonuses.