A top US general on Tuesday signaled support for the Iran nuclear deal, saying the agreement, which...
A top US general on Tuesday signaled support for the Iran nuclear deal, saying the agreement, which...
Iran's Foreign Ministry said it is monitoring how Washington's Iran policy will be affected by US President Donald Trump's recent decision to appoint a more hawkish top diplomat to the State Department and will take a position accordingly.
Under Trump's Tuesday decision, US Secretary of State Rex Tillerson was sacked to be replaced by CIA chief Mark Pompeo, who is known to advocate a harsh line on Tehran and its nuclear deal with the six major powers.
"We have frequently witnessed changes in the US administration," IRNA quoted Foreign Ministry Spokesperson Bahram Qasemi as saying.
"This is a domestic issue and what matters to us is their approach and policies on international issues and Iran. We will monitor those US policies and will take a stance on them," he told a press briefing on Wednesday.
Trump has railed against the 2015 Iran deal, calling it "disastrous", a view publically echoed by Pompeo.
Immediately after a three-day visit to Pakistan, Foreign Minister Mohammad Javad Zarif on Wednesday...
Interior Minister Abdolreza Rahmani Fazli deplored the discriminatory approach adopted by international...
Foreign Minister Mohammad Javad Zarif said the United States is “in no position” to set conditions for...
Italy's Carlo Maresca has launched a 10-megawatt solar power plant on the southern Iranian island of Qeshm.
The plant was officially inaugurated on Tuesday by Fabio Maresca, chairman of the Italian company, during a ceremony attended by Italy's Ambassador to Iran Mauro Conchatori, IRNA reported.
"The plant is built using 30,000 solar panels on an area of 20 hectares to produce 17 million kilowatts of electricity annually," Maresca said.
Costing €8 million ($9.9 million), the plant is in an initial phase of the company's plan to produce 50 MW on the southern island.
South Korea’s move to shut coal-fired generators to control air pollution at the same time...
The United States is ready to compete with Russia in the liquefied natural gas market in...
As crisis-stricken Venezuela is struggling with a steep decline in oil production, India’s average...
Saudi Arabia's Cabinet approved a national policy on the kingdom's atomic energy program.
Russia’s state-owned oil company Zarubezhneft signed a trilateral deal on Wednesday with the National Iranian Oil Company and Dana Energy Company for the development of Aban and West Paydar oilfields near the Iran-Iraq borders.
The 10-year deal concluded by Zarubezhneft’s CEO Sergei Ivanovich Kudryashov, Dana Energy’s Chairman Mohammad Iravani, and Ali Kardor NIOC’s chief executive, marks Iran’s second deal within the framework of Iran Petroleum Contracts, the country’s new model of contracts for oil and gas projects, NIOC’s news portal reported.
More than 17 million tons of non-oil products worth $6.59 million were exported from Khuzestan Province during the first 11 months of the current Iranian year (March 21, 2017-Feb. 19), showing a 10% and 14% growth in weight and value respectively compared with the corresponding period of last year. According to Nourollah Hassanzadeh, the head of Khuzestan Industries, Mines and Trade Organization, the main exported items over the period were chemical products, petrochemicals, polyethylene, iron and steel, fruit and vegetables, plastic products, butane, iron ore, clinker, dairy and construction material. The main export destinations for these products were China, the UAE, Iraq, India, Thailand, Turkey, Egypt, Kenya, Kuwait and Oman, the official was quoted as saying by Shata.
Iran exported €357,420 worth of commodities to Latvia in 2017, indicating a 160.34% upsurge compared with the previous year. Iran’s imports from the European country amounted to more than €3.27 million last year to register a 12.86% decrease year-on-year, according to the latest Eurostat figures shared with Financial Tribune. As such, Iran-Latvia trade stood at nearly €3.63 million in 2017, which shows a 6.75% decline compared with the year before. This makes Latvia the second country after Malta with which Iran had the least amount of transactions from among the 28 European Union member states over last year. The Organization for Economic Cooperation and Development raised Latvia’s GDP growth estimate for 2017 to 4.3% in September. Latvia’s GDP growth forecast for 2018 has been upped to 3.7% from 3.5%. The harmonized consumer price growth estimate has been cut to 2.7% from 2.8% for last year and left unchanged at 2.3% for 2018.
Pakistan’s southeastern Sindh Province boasts vast investment opportunities, particularly in...
Iran’s vice president for science and technology believes that studies focusing on cryptocurrencies should be included in the long-term plans of the country since a decision on the issue cannot be reached in the short run. Sorena Sattari also told IBENA in an interview that such studies have begun in the country, as the world is moving toward the use of cryptocurrencies. He added that forecasts point to the fact that the use of these tools will only grow in the future, although many of their aspects are still unknown. Iran has indicated that it intends to create a national virtual currency. Minister of Communications and Information Technology Mohammad Javad Azari-Jahromi said this week that Monetary and Banking Research Institute, affiliated with the Central Bank of Iran, is one of the entities involved in the national virtual currency project and tasked with supervising it.
Tehran Stock Exchange’s main index lost 788.19 points or 0.82% to end Wednesday trade at 95,525.9.
About 1.38 billion shares valued at $51.46 million changed hands at TSE for the day.
Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.
Post Bank of Iran was the biggest riser, going up 4.85% to 1,535 rials per share.
Bank Saderat Iran incurred the biggest loss among all TSE-listed companies, as it went down 49.25% to 510 rials per share.
Bank Saderat Iran was the biggest laggard behind the benchmark’s fall, followed by Parsian Bank and Bank Mellat.
Emdad Khodro Iran has signed a deal with Setareh Iran, Mercedes-Benz's distributor in the country, to offer mobile emergency services to the products of the German manufacturer. Owners of Mercedes-Benz vehicles can purchase an Emdad Khodro subscription and make use of services, including rescue dispatchers, fuel supply, auxiliary battery and car transport, IKCO Press reported. Training courses will be held for rescuers to ensure they are familiar with the mechanics of the latest Mercedes-Benz models. Setareh Iran has been the importer of the German car brand for decades. The company offers Mercedes-Benz models of the following classes A, B, C, CLA, CLS, E, GLA, GLC, S, SL and SLC. Their prices range from 6.3 billion rials ($131,000) to 9.5 billion rials ($198,000).
SAIPA delivered 200 Volvo heavy-duty vehicles to customers on Tuesday, as part of a renovation scheme introduced by President Hassan Rouhani in February.
This is the first batch of the new trucks to replace the dilapidated vehicles that have been spewing toxic pollutants for decades, SAIPA News reported.
Lorry drivers who want to participate in the renovation scheme, in addition to handing in their clunkers, are required to pay half of the truck’s value upfront and the rest through various payment plans that have not been announced yet.
Industries Minister Mohammad Shariatmadari said as per the three-year renovation scheme, 200,000 depleted trucks will be replaced with new heavy-duty vehicles.
Stephen Hawking, who sought to explain some of the most complicated questions...
A photo exhibition showing the 'Gates of Old Tehran' is underway at City Photo Museum in Tehran.
Over 40 historical photographs collected by calligrapher, page illuminator, ceramic artist, author, essayist and researcher in Iranian and Islamic arts, Kianoosh Motaqedi, are on display, Fhnews.ir reported.
The exhibit opened Monday and will run till April 19. It is one of the outcomes of a two-year library research by Motaqedi, 35.
Based on the research, he also published a book titled 'The Gates of Old Tehran.' The book was released in 2017 by the Tehran-based publishing house Peikareh in English, Persian and French.
Dutch author and historian Willem Floor, who has written extensively on Iran, has added a foreword to Motaqedi's book that can serve as a statement of the exhibit:
Persian leopard is listed as endangered on the International Union for the Conservation of Nature's Red List; its population is estimated to be 871-1,290 mature individuals and considered declining. Another recently released Persian title 'Bullet and the Leopard' written by Mehdi Rajabi and printed by Fanni Publications for young children focuses on its illegal hunting. Set in Iran during the Qajar era (1785-1925), the story has three narrators: the hunter, the leopard and the bullet, Mehr News Agency reported. The 40-page title has been illustrated by Majid Fakhar-Zavareh.
The 2016 drama/fantasy ‘Pan’s Labyrinth’ directed by Guillermo del Toro is set to have a single screening at Godfather Café on March 16.
In 1944 Spain, young Ofelia and her ailing mother arrive at the post of her mother’s new husband, a sadistic army officer who is trying to quell a guerrilla uprising. While exploring an ancient maze, Ofelia encounters the faun Pan who tells her that she is a legendary lost princess and must complete three dangerous tasks in order to claim immortality. Ivana Baquero, Ariadna Gi and Sergi Lopez star in the film, Tiwall.com, where tickets are available, wrote. The acclaimed movie had a total of 105 nominations in various festivals, out of which it won 102 awards. The cafe is at No. 876, Enqelab Street, at the intersection of Enqelab-Hafez streets.
Qolhak Cineplex is scheduled to screen the 2017 fantasy/science fiction film 'Justice League' directed by Zack Snyder on March 15, according to the website of the venue. Fueled by his restored faith in humanity and inspired by Superman's selfless act, Bruce Wayne (Batman) enlists the help of his newfound ally, Diana Prince (Wonder Woman), to face an even greater enemy. Together, they work quickly to find and recruit a team of meta-humans to stand against the newly awakened threat. But despite the formation of the unprecedented league of heroes—Batman, Wonder Woman, Aquaman, Cyborg and The Flash—it may already be too late to save the planet from an assault of catastrophic proportions. The cast includes Ben Affleck, Gal Gadot, Henry Cavill, Jason Momoa, Ezra Miller and Ray Fisher among others. The Cineplex is located at Yakhchal Street on Shariati Avenue. Watching the foreign movies screened at Qolhak needs membership.
'Shelter', a social play by Ehsas-e Abi (blue emotion) theater group, is currently being performed at Tehran's Iranshahr Hall to raise fund for the homeless.
German Chancellor Angela Merkel, bruised by half a year of post-election coalition haggling, was...
Turkish President Recep Tayyip Erdogan on Wednesday threatened to soon crush militants in northern...
Philippine President Rodrigo Duterte has announced the upcoming withdrawal of the country from the Rome...
Republican Rick Saccone refused to admit defeat in the high-stakes US congressional race on Tuesday...
Britain will expel 23 Russian diplomats in retaliation for the nerve agent attack on a former Russian...
A human rights monitor has called on Saudi Arabia to immediately investigate the claims that authorities physically mistreated prominent people who were arrested last year, and hold those responsible to account.
During his brief visit to the Gaza Strip yesterday, Palestinian Authority Prime Minister Rami Hamdallah...
European Central Bank head Mario Draghi says the expanding eurozone economy still...
Kenya has seen robust growth in recent years and can grow its gross domestic product from $80 billion...
France will take legal action against Google and Apple for “abusive business practices”, Finance...
South Africa’s business confidence rose in the first quarter by 11 points in a sign that the country’s...
Global shares were mixed Wednesday as Asian markets took a hit from the abrupt...
The World Bank Wednesday projected India’s GDP growth at 7.3% for the next financial year and accelerate further to 7.5% in 2019-20.
Japanese corporations are catching up with their western counterparts in profitability, with their return on...
Venezuela needs to dollarize its economy, seek $15 billion to $20 billion a year from abroad, and ease oil...
While the central banks of some countries are hoping to be a part of the virtual currency...
The International Monetary Fund has issued a new assessment of the Algerian economy, which failed to diversify due to endemic corruption and deepening political crisis, fueling growing popular discontent and uproar.
Private-sector economists have raised their growth outlook for Singapore but they also warn that the risks posed by protectionism have increased substantially.
On the front door of a bank only a block away from Stockholm’s Central Station is a sign that reads “Inga kontanter” with an English translation below: No cash available. Walk a few more blocks under the gray winter sky, and see signs hanging on the front doors of coffee shops that say “Endast kreditkort” or “Vi ar en kontanantfri coffee shop”—“only credit cards” and “we are a cash-free coffee shop,” respectively.
Greece’s planned August exit from its third European Stability Mechanism bailout, has triggered investor optimism. Its July 2017 bond issuance, the first in three years, was oversubscribed, as were subsequent issuances in February of this year. And yet financial investors should curb their optimism. Greece’s return to the markets, and its economic recovery, are likely to be bumpy and slow—especially if it continues to delay key reforms.
Greece’s growth appears to have stabilized at a low rate; some take that as a sign of normalization. The problem with this optimism is that it is not clear where the future drivers of growth will come from. Household consumption has recovered somewhat, but at an average 0.65% growth in 2017 it remains weak by any measure. And with further tax increases and pension cuts planned, it’s hard to see any scope for further acceleration, Bloomberg reported.
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