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Report: 1.6 million UK households facing mortgage cost surge
May 13, 2023 13:06A British think tank has warned that nearly 1.6 million British households are yet to encounter a 2,300 pound ($2,903) payment surge following the mortgage rate increase amid the UK’s persisting housing crisis.
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Minister says Iran-Saudi trade will go up after 'win-win' reconciliation
May 12, 2023 14:07Iran’s Finance Minister Ehsan Khandouzi has praised the recent agreement between Iran and Saudi Arabia to restore diplomatic ties, saying the detente will boost bilateral trade and investment.
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High energy prices possibly killed more Europeans than COVID in winter: Report
May 12, 2023 14:03The steep rise in energy prices across Europe following the bloc's anti-Russia sanctions linked to the war in Ukraine may have killed more Europeans in winter than the COVID-19 pandemic, The Economist has reported.
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Over 258 million need emergency food aid globally
May 05, 2023 06:09A new report suggests the number of people experiencing acute food insecurity and requiring urgent nutrition aid increased by 65 million across the globe in 2022.
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President: Strategic cooperation deal marks new chapter in Tehran-Damascus relations
May 04, 2023 14:20President Seyyed Ebrahim Raeisi has lauded a comprehensive agreement on long-term strategic cooperation between Tehran and Damascus, saying the deal marks the beginning of a new chapter in “brotherly and friendly ties” between the two Muslim nations.
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Iron smuggling ban, small step toward economic stability in Afghanistan
May 04, 2023 14:15The Taliban have banned iron smuggling in Afghanistan since coming to power.
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Hundreds of thousands of Canadians flock to food banks as inflation soars
Apr 25, 2023 11:22Canadians have flocked to food banks as the country is facing a "food crisis" triggered by skyrocketing inflation and the rising cost of living, the CEO of Canada's largest food bank has warned.
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Iran, Venezuela sign new MoUs to expand oil cooperation
Apr 17, 2023 06:11Iran and Venezuela have signed a series of Memoranda of Understanding (MoUs) to expand oil sector cooperation between the two countries, according to a report by Iranian oil ministry’s news service Shana.
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President Raeisi reshuffles economic team
Apr 12, 2023 05:48Iranian President Seyyed Ebrahim Raeisi has ordered a government economic reshuffle amid his efforts to contain rising inflation in the country.
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ASEAN finance ministers consider ditching US dollar, euro for financial transactions
Apr 01, 2023 07:17Finance ministers and central bank governors from the Association of Southeast Asian Nations (ASEAN) have met and discussed ways to ditch the dollar and euro in their financial transactions and move to settlements in local currencies.