Economy

Venezuela receives third oil tanker built by Iran: President Maduro

Sep 16, 2022 12:14

Venezuelan President Nicolas Maduro says the country has received an “advanced” oil tanker from Iran as part of a bilateral contract amid increasing cooperation between Tehran and Caracas in various fields.
Kremlin: Ukraine’s ambition to join NATO poses security threat to Russia

Sep 14, 2022 16:48

Ukraine’s persistent ambition to join the NATO military alliance presents a threat to Russia’s security, the Kremlin said on Wednesday, underlining the necessity to carry out what it calls a "special military operation" in Ukraine.
US sets up Swiss Fund for frozen Afghan assets, Taliban reject plan

Sep 14, 2022 16:43

The United States says it is setting up a Geneva-based fund to manage billions of dollars in frozen Afghan reserves, but the interim Taliban government in Kabul wants the reserves directly transferred to the Afghan central bank.
Raeisi: Iran pursuing policy of enhancing cooperation with Latin America

Sep 06, 2022 19:18

President Seyyed Ebrahim Raeisi has reaffirmed the Islamic Republic’s policy of enhancing cooperation with Latin American countries, including Venezuela.
Sri Lanka gains IMF's provisional agreement for $2.9 billion loan

Sep 01, 2022 12:51

Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) for a loan of about $2.9 billion, the global lender said on Thursday, as the country seeks a way out its worst economic crisis in decades.
UK’s national rail strike shuts most services, causes travel chaos

Aug 20, 2022 13:13

Disruptions to Britain’s transport system are expected to stretch into the weekend with train workers seeking to keep their jobs and earn higher wages stage yet another nationwide strike.
UK suffers worst inflation rate in G7 amid record soaring prices

Aug 18, 2022 19:39

Britain is suffering the worst inflation rate among the G7 countries with skyrocketing prices further tightening the squeeze on the British public.
Planned eight-day strike at port threatens UK’s supply chains

Aug 18, 2022 14:24

The most significant of a growing wave of strikes in Britain will go ahead with an eight-day walkout after pay talks broke down with employers at Felixstowe port in Suffolk, England.
Top American economist warns US recession may be ‘long and severe’

Aug 18, 2022 06:30

An American economist has warned that the United States is at the cusp of a “long and severe” recession, which he says could bring financial distress "across the board."
UK inflation tops 10%, highest since 1982

Aug 17, 2022 10:55

British consumer price inflation jumped to 10.1% in July, its highest since February 1982, up from an annual rate of 9.4% in June, intensifying the squeeze on households, official figures showed on Wednesday.