Reported by HPMM Group according to IRAN FRONT PAGE ; A senior Iranian lawmaker says digital currencies are among the major mechanisms which the Islamic Republic can use to evade the US sanctions, and the Parliament will soon discuss the issue. Mohammad Reza Pour-Ebrahimi, the chairman of the Iranian Parliament’s Economic Commission, said digital currencies can […]
Reported by HPMM Group according to TEHRAN TIMES ; According to the latest data released by the Central Bank of Iran (CBI), tax income rose 14.1 percent during the last Iranian calendar year (March 2017- March 2018) to reach 1.15 quadrillion rials (about $26.6 billion), Tasnim news agency reported on Saturday. Based on the data which showed the […]
Reported by HPMM Group according to TEHRAN TIMES ; India has approved a proposal from Iran’s Bank Pasargad to open a branch in Mumbai, Indian Express reported on Saturday. This decision comes amid the U.S. announcing sanctions and asking other countries to minimize oil purchases from Iran. According to the report, the Federation of Indian Export Organizations (FIEO) had […]
Iranian First Vice-President Es’haq Jahangiri says the US and its regional allies are seeking to destroy Iran and make the Iranian nation kneel down by creating public dissatisfaction in the Islamic Republic. Reported by HPMM Group according to IRAN FRONT PAGE ; In a Tuesday address to the opening ceremony of a steel production project in […]
Reported by HPMM Group according to IRAN FRONT PAGE ; An Iranian lawmaker claims the Saudis have sent agents to Iran to collect some 3.5 million gold coins from Iran and transfer them to Iraq in a bid to disrupt the Islamic Republic’s economy. The claim was made by Javad Karimi Qoddosui, a member of the Iranian […]
Food products made by Chinese companies Yinlu, Xufuji and San Xiao are displayed in this picture illustration taken on June 21, 2018. (Photo by Reuters) Washington says it has decided to impose 10 percent tariffs on an extra $200 billion worth of Chinese imports after efforts to negotiate a solution to the trade dispute […]
Rising global trade tensions are morphing into a conflict fought with currency devaluations that historically have proven even more important than tariffs in influencing economic growth and financial markets. If this trend continues, the ultimate impact will likely be negative for asset valuations, Bloomberg wrote. Reported by HPMM Group according to IRAN DAILY ; This shift, which […]
Given the six-month deadline set by US president for the departure of foreign companies from Iran, currently, many major European firms, such as the French Renault Group, are seeking a way to remain in the Iranian market and continue cooperation with the country. Reported by HPMM Group according to IRNA ; This comes as the decision to be […]
Reported by HPMM Group according to TEHRAN TIMES ; Tehran Stock Exchange (TSE)’s main index (TEDPIX) gained 12,583 points to hit 108,872 points during 55 days since the beginning of current Iranian calendar year (March 21), Mehr news agency reported on Friday. As reported, 58.555 billion securities worth 156.957 trillion rials (about $3.719 billion) were traded through […]
The prospect of securing major private-sector investments could offer Iran an incentive to uphold its side of the nuclear agreement despite Washington’s withdrawal. Laura von Daniels argues that a private German Iran Bank could do the trick. Reported by HPMM Group according to IRNA ; The EU has been seeking responses since Washington pulled out of the […]
