Oil prices are falling at terrific speed. This may be good news for consumers in the importing nations, but not for the handful of countries that use oil export revenues to fund national budgets.…
It is hardly news anymore. The Organization of Petroleum Exporting Countries (OPEC) decided not to cut oil production in their meeting last week. Analysts and observers agree that the decision is…
For all practical purposes the most critical time have come in the marathon nuclear negotiations between Iran and the P5+1 in Vienna. All sides are, for understandable reasons, in agreement to not…
Iran and Turkey economic partnership has a long and eventful history. It has been fruitful for both, and sometimes historic events and macro trends have favored one over the other. Like any other…
It is rather unfortunate that natural resources in general and oil in particular form the basis of Iran's economy and national budget. Some estimates have it that a one-dollar decline in oil…
A new cruise terminal at Zayed Port in Abu Dhabi is designed to celebrate the UAE’s cultural heritage, Travel News Digest reported.
The ground has been broken and the project is due to be…
When Rouhani won the presidential election in June 2013, most observers billed his mandate as a victory of political moderation. Rouhani succeeded a president who prided in being unpredictable.…
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Are you interested in the oil market? Great! Now here comes the second question: Do you live in a country that produces the black gold and its economy is heavily dependent on oil exports? If…
One of the biggest failures of governments is indecisiveness about the catastrophes unfolding around them. While it takes days for a team of experts to produce a report of cost-benefit analysis of…
Now RichKids of Tehran is a known hashtag and another episode on the inequality debate in Iran has come and gone. The images of parties, luxury cars and high end living distributed via Instagram…
The Joint Plan of Action (JPOA) agreed between Iran and the P5+1 (China, France, Russia, the UK, US and Germany) in November 2013, stipulates, among other things, that the parties continue…
The volatility of oil prices has encouraged technological advances that have shaped energy markets. The catch is that new techniques remain in place even when oil prices decline. The same may be…
Jean Tirole, professor of economics at MIT, has won the 2014 Economics Nobel Prize, the Royal Academy of Sciences announced on Monday. Tirole’s research interests are microeconomics, game theory…
Iranians are uneasy when they notice that their neighbors like Turkey and the UAE (especially Dubai) could attract tens of millions tourists, but their country is at the bottom of ladder. To turn…
Recently the banking system of Iran has been sharply criticized because of the embezzlement of US$1bln, high interest rates on loans - more than 25% to SMEs, large number of defaults by its…
Iran has ample investment opportunities. With almost 80 million people it is too big a market to ignore for ambitious entrepreneurs and international goods and service providers. Moreover, a wide…
Following the events in Ferguson, Missouri many wonder why race is still an issue in the United States. The answer might be simple: because no one dares to discuss poverty. Growing inequality…
The commentaries and analysis about Iran and its economy share one common emphasis these days: Iran is an isolated country no more, not at least as much before. As the evidence they refer to the…
Iran’s economy is recovering from years of stagflation and is due to become one of the most powerful economies in Western Asia. Transformation into an emerging economy, however, has some…
Do Scottish people follow the same path of Macbeth? Is it all about power and not economic prosperity? What is independence about?
The fact that a stable economy grows faster is so pivotal that one of the core principles in economics literature has been shaped around it. It emphasizes that stability improves welfare. In other…
Iran's economy has experienced unusually tough times over the past five years. There is a consensus along with concern among observers and experts that the economy is now saddled with stagflation…
Iran applied to join WTO in 1996, but the process of negotiation did not start because of lack of unanimity which was required for accepting new application. USA was the main party preventing…
