0929 GMT June 17, 2018
What happened in the world economy’s most important week of 2018
Billed as the most important week of the year for the global economy, central banks provided insight into the outlook for monetary policy through the rest of 2018 and beyond and putting a clear stamp on financial markets.
Trump’s tariff threats are paralyzing American business
President Donald Trump wants to level the playing field for American companies in the global economy, but his combative stance has unsettled business plans from the Atlantic to the Pacific.
Brazilian economic activity grows in April after falling for three months
The Brazilian economy grew 0.46 percent in April over March, after three consecutive months of contraction, according to the central bank's Economic Activity Index (IBC-Br) released on Friday.
German central bank forecasts economic momentum to sustain
Germany will sustain its current economic momentum in spite of slightly weaker growth, a study predicted by the German central bank (Bundesbank).
Turkey, Iran to start passenger rail service
A new passenger rail service between Turkey and Iran will begin operations on June 18, said Turkey's Minister of Transportation, Maritime Affairs and Communications Ahmet Arslan on Wednesday.
Iran, Azerbaijan poised to bolster cooperation
Iran and Azerbaijan vowed to increase cooperation especially in customs affairs.
Nobody speaks for OPEC alone: Zanganeh
No single country speaks as the unified voice of OPEC as decisions must be made collectively, said Iran's oil minister.
Iran's revenues from joint oilfields with Iraq significant
Iran's annual income from the joint fields with Iraq on the west of Karoun River stands at $5 billion, said the managing director of National Iranian Oil Company (NIOC).
32,000 online businesses identified in Iran: Official
The Iranian government has identified 32,000 online businesses in the country, said the secretary of the Association of Online Business.
Turkey in talks with Iran to import bitumen: Official
An official with Iranian Oil Products Exporters Union said Ankara is in talks with Tehran to import bitumen.
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