Syria, Iran Agree to Ditch Dollar in Bilateral Transactions
February 01, 2019 at 01:45 PM
Iran sealed economic and trade deals with Syria on Monday, as Damascus is looking to its allies to help with the reconstruction effort after its eight-year-long war. Read More »
US Was One of Largest Investors of Russian Projects in 2018 – Investment Fund
January 25, 2019 at 10:36 AM
MOSCOW (Sputnik) - At the close of 2018 the United States became the third largest investor in new projects in Russia, the Chief Executive Officer of the Russian Direct Investment Fund (RDIF), Kirill Dmitriev said on Wednesday. Read More »
World’s richest gather in Davos to tackle global poverty, but key leaders are missing
January 23, 2019 at 02:17 PM
World political and business elites are gathering in Davos, Switzerland, for an annual forum on how to tackle global problems, like the increasing wealth gap between rich and poor. Several key leaders will be missing though. Read More »
Pakistan Exported Hair Worth $1.6 Mln Worldwide in Last 5 Years
January 22, 2019 at 10:15 AM
For the first time, Pakistan’s lower house of parliament was informed about the commercial value of exporting human hair. Read More »
'Chill Pill' to the World: Beijing Calls on Washington to End Trade Dispute
January 20, 2019 at 02:37 PM
BEIJING (Sputnik) – Chinese Foreign Minister Wang Yi said that some representatives of the US administration had voiced concerns that China sought to become a usurper state and replace the United States. Read More »
India to outpace US as world’s 2nd most powerful economy — report
January 15, 2019 at 02:43 PM
By 2030, seven of the world’s top 10 economies will be current emerging markets, according to the latest report by London-based multinational banking and financial service company Standard Chartered. Read More »
China’s yuan to challenge greenback as world’s main currency – Bank of England governor
January 14, 2019 at 01:54 PM
The US dollar may one day be rivaled by the Chinese national currency – the yuan – which is likely to become a major global reserve currency, according to the governor of the Bank of England (BoE), Mark Carney. Read More »
‘Storm clouds brewing’: World Bank sees global growth slowing in 2019
January 14, 2019 at 10:27 AM
The growth of the global economy is expected to decelerate to 2.9 percent this year compared with three percent in 2018, the World Bank said in a report, citing elevated trade tensions and international trade moderation. Read More »
Russia’s economy expands despite sanctions – World Bank
January 11, 2019 at 01:44 PM
The growth rate of the Russian economy increased last year, while inflation remained low, the World Bank said in its 2019 World Economic Outlook. Read More »
Iran has new ‘potential’ buyers for its oil, defying US sanctions
January 08, 2019 at 02:30 PM
Despite biting US sanctions and pressure on other countries, Tehran has found partners to buy its oil, and the number of such clients has actually increased, according to Iran’s deputy oil minister.
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