Head of Iran’s National Innovation Fund Ali Vahdat said that Tehran is ready to jointly open a credit line with Moscow for merchants of technology-based products to increase the volume of trade between his country and Russia.
Official: Iran ready to offer credit line for more tech-based trade with Russia
Iranian petrochemical companies injected close to $10 billion in foreign currency into the domestic economy in the year to March 2019, said the managing director of the Persian Gulf Petrochemical Industries Company (PGPIC) on Saturday.
PGPIC CEO: Domestic petchem firms generate $10b in year to March
The eurozone’s continued demand for factory jobs is a mystery that may be the only thing staving off a recession right now.
Eurozone factory jobs might be only thing stopping a recession
Britain will face decades of economic decline after Brexit, Taoiseach Leo Varadkar has predicted, adding that the UK is ‘struggling to cope’ with its reduced status on the world stage.
UK facing decades of economic decline, Varadkar warns
China's CEOs reported growing confidence in the Chinese economy as well as their firms' growth prospects despite possible global economic headwinds, a recent survey showed.
China's CEOs report rising confidence in domestic economy
The International Monetary Fund board said it would ship $5.4 billion in cash to Argentina after approving a fourth review of a standby credit deal with the crisis-stricken South American nation.
IMF to ship $5.4b to Argentina under standby loan deal
A new report by the American Foundation for Defense of Democracies (FDD) said the US’ geopolitical adversaries are deploying blockchain technology to help avoid sanctions and counter US financial power.
Russia, China, Iran, Venezuela developing crypto to challenge US financial control: Study
Iran is to sign a contract with a Japanese company for the restoration of a power plant which will be financed through a barter mechanism involving Iran’s oil.
Iran to sign first contract to barter oil for power plant restoration
Europe’s economy got a shot in the arm on Friday with a report showing the biggest jump in industrial production in four months.
European industry shows signs of life as output beats estimates

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