Iran plans to increase oil supply to domestic petrochemical complexes to 1.7 million barrels per day (mbd) in 2025, said a deputy oil minister on Wednesday.
Deputy minister: Oil supply to petrochemical complexes to reach 1.7 mbd in 2025
Economic growth in developing Asia remains robust but slowdown is expected as trade and investment weaken, according to an updated Asian Development Bank report released on Wednesday.
Economic growth in developing Asia remains robust, slowdown expected: ADB
The volume of trade between Iran and Syria in the first five months of the current Iranian calendar year (which began March 21) has increased 25 percent in comparison with the corresponding period last year, an official said on Tuesday.
Iran-Syria trade posts 25% growth
The Statistical Center of Iran (SCI) announced that figures from the last month on the Iranian calendar (August 23-Septmeber 22) show that the point-to-point inflation rate has decreased by 6.6 percent in comparison with the earlier month, signaling that the country is doing well in the face of US sanctions.
Iran’s economy grows as inflation ebbs: SCI
Governor of the Central Bank of Iran Abdolnaser Hemmati has branded the US sanctions against the country as ineffectiveness, especially Washington’s repeated embargo against the CBI.
US sanctions weapon against Iran ‘useless’: CBI chief
More than a third of the UK’s bank branches have shut for good in less than five years, while hundreds of those that remain have reduced their opening hours, according to a report.
More than a third of UK bank branches have closed since 2015
Gold prices rose after weak economic data from Europe raised new fears of a slowdown in global growth and pushed some investors toward assets considered safer.
Gold prices rise on fears of economic slowdown
A US-Japan trade deal hit a last-minute snag as Japanese officials sought assurances that the Trump administration will not impose national security tariffs on Japanese-built cars and auto parts, people familiar with the talks said.
US-Japan trade deal hits snag as Tokyo seeks assurances on car tariffs

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