German exports to Iran soar ahead of US sanctions

Tehran, Dec 11, IRNA -- German exports to Iran soared in October, a month before the United States re-instated sanctions on the Islamic Republic to choke its oil and shipping industries, data seen by Reuters showed on Tuesday.

Iran’s clean energy production to amount to 1GW by yearend

Iran is producing some 654MW of electricity out of clean energy which is projected to rise to 1GW by the yearend, according to deputy energy minister for electricity and energy affairs.

66% rise in commodity exports to Iraq in 8 months

The value of exports to Iraq in the first eight months of this Iranian year (started March 21, 2018) was $6.757 billion, a growth of 66.59 % in weight and 66.14 % in value over the same period last year.

Iranian companies invited to invest in Iraq

Head of the Iraqi Investment Committee, as the most important policymaking body of foreign and domestic investments in the country, invited interested Iranian companies to invest in their country.

Memorandum of understanding signed between Abadan, Indonesia

A memorandum of understanding was signed on Monday in Abadan in order to expand trade and economic relations between the Chamber of Commerce, Industries, Mines and Agriculture with Indonesia.

$US sanctions not to affect Iran\'s economy: Envoy$

US sanctions not to affect Iran's economy: Envoy

Ambassador of Iran to Pakistan Mehdi Honardoost says new US sanctions would have no impact on Iran's economy.

Balance surplus of 8-month Iranian foreign trade hits $2b

Islamic Republic of Iran Customs Administration (IRICA) announced a surplus of US $2 billion in foreign trade balance by the end of November and an increase of 13% of non-oil exports in comparison with the same period last year.

Governor-General: Hamedan welcomes Austrian investors

Hamedan (in western Iran) governor-general on Sunday welcomed investment of Austrian investors in the region.

Envoy: South Korea, Iran to continue trade ties

South Korea's ambassador to Tehran pointed to the commercial relations between Iran and South Korea, and said that the two countries have been trading partners for decades and have decided to continue the relations in the coming decades.

Pak adviser desirers much greater trade with Iran

Pakistan adviser to Prime Minister for Commerce, Textile, Industries, Production and Investment says he would like to see much greater trade with Iran which is Pakistan’s next door neighbor.

Recent OPEC resistance another blow to US: President Rouhani

Tehran, Dec 9, IRNA - Iranian President Hassan Rouhani has lauded OPEC member states' resistance against US pressures in their recent meeting in Vienna, and described it as another failure for the United States.

$Yellow vest protests \'economic catastrophe\' for France$

Yellow vest protests 'economic catastrophe' for France

St. Louis Fed President Bullard says the central bank could delay an anticipated December rate hike. He cites the inversion of the yield curve earlier this week as reason for caution. An inverted yield curve is often heralded as a sign of economic recession, though the time between inversion and GDP downturn has varied widely.

$Fed\'s Bullard becomes first on central bank to suggest delaying December rate hike$

Fed's Bullard becomes first on central bank to suggest delaying December rate hike

$Here\'s where the jobs are — in one chart$

Here's where the jobs are — in one chart

November jobs one-month net change

Black unemployment rate falls to 5.9%, ties record low hit earlier this year

The employment picture for black Americans is better than it ever has been. According to the Bureau of Labor Statistics, the unemployment rate fell to 5.9 percent in November, tying a record low hit in May. Compared to other major demographics, blacks still have the highest rate of unemployment in the U.S.

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