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Tel Aviv in a financial quagmire; Israel suffers $12 billion loss in 12-day war with Iran
Jun 29, 2025 08:35Pars Today – Following 12 days of war with Iran, the Zionist regime has suffered losses exceeding $12 billion, which include military damages, compensation payments, and business shutdowns.
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US credit rating downgraded after 108 years
May 17, 2025 16:17Pars Today – On Saturday, the credit rating agency Moody’s downgraded the United States' credit rating for the first time in over a century, citing growing concerns about Washington’s ability to repay its debts.
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Iran is ready to collaborate with ECO member states to promote cultural development
May 14, 2025 09:25Pars Today – The minister of cultural heritage, tourism, and handicrafts of Iran emphasized the need to redefine regional relations in light of civilizational connections. He stated that the Economic Cooperation Organization (ECO) requires the design of a new framework for cultural interactions, which can be achieved through dialogue, visa facilitation, and the joint utilization of tourism capacities.
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Financial Times: The world order of the global economy is dead
May 08, 2025 08:01Pars Today- The Financial Times, in a report stating that the old order of the global economy is dead, wrote that China and Europe must seek new solutions to create a new order in the economy.
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European and UK companies lay bare the pain from Trump’s trade war
May 07, 2025 05:52European and UK companies are laying bare the cost of the US trade war, with executives outlining the hit to consumer confidence, the threats to supply chains and the destabilizing effect of prolonged uncertainty over the level of tariffs.
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Putin's advisor: Iran-Russia cooperation is more important than ever
Apr 23, 2025 12:38Pars Today- An economic advisor to the Russian president, referring to the sensitive global conditions and the international system's move towards a multipolar world order, emphasized the importance of cooperation between Iran and Russia more than ever before.
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China warns against any trade deals targeting Beijing
Apr 21, 2025 11:23Pars Today - The Chinese Ministry of Commerce announced that the country strongly opposes any agreements that are against its interests and that it will take reciprocal actions if such agreements occur.
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Japanese PM criticizes Donald Trump
Apr 20, 2025 09:12Pars Today - The Japanese prime minister, criticizing the approach of the US president, stated: “When we are supposed to negotiate with the American side on tariff and trade issues, it is unreasonable to simultaneously address defense and security matters.”
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De-dollarization accelerated / US' self-ban via trade war
Apr 18, 2025 07:57Pars Today- A Chinese expert said that the American tariff war can accelerate the trend of de-dollarization.
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Guardian: America no longer has long-term credibility
Apr 13, 2025 09:36Pars Today - A British newspaper has acknowledged that the United States is increasingly losing its credibility. The sudden decision by the U.S. President to delay tariffs for 90 days temporarily calmed markets but signals a deeper instability caused by the White House's unpredictable policies on global trade.