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Iran, Venezuela sign new MoUs to expand oil cooperation
Apr 17, 2023 02:41Iran 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 02:18Iranian 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 03:47Finance 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.
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Syria: EU conference to raise funds for quake victims 'theatrical'
Mar 21, 2023 08:20Syria has strongly denounced as “theatrical” an international conference in Brussels to purportedly raise funds for the victims of last month's devastating earthquake, stating that the United States and its Western allies would rather lift sanctions on the crisis-hit West Asian country than to organize such sham events.
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US sanctions responsible for political, economic crises in Lebanon: Hezbollah
Mar 18, 2023 10:34The head of the religious council of Hezbollah resistance movement has censured the illegal sanctions imposed by the United States on Lebanon, stating that the coercive measure are primarily responsible for the financial meltdown and political stalemate in the West Asian country.
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French police attack Paris protesters as anti-pension bill protests rage
Mar 18, 2023 09:16Police in Paris have tear-gassed protesters and arrested hundreds of them after they took the streets and gathered at Place de la Concorde to voice their anger against President Emmanuel Macron’s decision to implement pension reforms without a vote in the lower house of parliament.
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Inflation in UK grocery market hits record high amid cost of living crisis
Feb 28, 2023 14:22Inflation in the United Kingdom's grocery market has soared to a record high, hitting prices for milk and eggs the hardest this month.
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US consumer spending surges in January as inflation heats up
Feb 24, 2023 13:50US consumer spending increased by the most in nearly two years in January amid a surge in wage gains, while inflation accelerated, adding to financial market fears that the Federal Reserve could continue raising interest rates through summer.
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Iran-Venezuela relationship develops beyond energy
Nov 23, 2022 08:08Iran is planning to ship another 2,000 cars to Venezuela, an Iranian trade official says, in a further sign of a burgeoning relationship that appears to be developing beyond energy.
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Spain ‘hunger queues’: Food lines grow as inflation skyrockets
Nov 22, 2022 08:41A large percentage of people in Spain are turning to food aid as soaring inflation across the country has pushed food prices to a record high.