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Iraq rejects US claim about IRGC role in its economy
Iraq resolutely refuted a recent US claim that Iran's Islamic Revolution Guards Corps (IRGC) plays a part in the Arab country’s economic affairs, saying Washington is lying about the role of the elite military force, which in fact helped the Baghdad government defeat the terror group Daesh.
China growth beats forecasts as economy shows signs of stability
China's economy expanded more than expected in the first three months of the year as government moves to kickstart growth helped offset weak global demand and a US trade war, data showed on Wednesday.
Iran vows to boost exports in current Iranian year
Iranian Industry Minister Reza Rahmani said that the government is determined to pave the ground for an increase in the volume of non-oil exports in the current Iranian year (March 21, 2019-March 20, 2020).
IMF warns policymakers to ‘do no harm’ as world economy wobbles
The International Monetary Fund (IMF) warned governments not to rock the boat with trade wars and other disruptions at a time when the global economy is already sailing through choppy waters.
IMF chief: Trade conflicts threaten fragile world economy
With global growth slowing and many countries struggling with high debts, now is not the time for the ‘self-inflicted’ economic wound of trade wars, the head of the International Monetary Fund warned.
Iran to allocate over $9.5b to boost SMEs
In a bid to protect the Iranian economy and develop industrial parks, a sum of $9.52 billion will be allocated to small- and medium-sized enterprises (SMEs) during the current Iranian year (started March 21), announced Deputy Industry Minister Mohsen Salehi-Nia on Saturday.
India under Modi: A growing economy but not enough jobs
Narendra Modi had lofty ambitions for India when he came to power in a landslide election win in 2014.
UK economy nearing zero growth amid Brexit standoff
A major political standoff over Britain’s withdrawal from the European Union has caused the economy to stagnate as business groups and industries report almost zero growth for the first three months of this year.
President Kagame and Bill Gates: Every vaccine is a shot of adrenaline into the heart of the African economy
According to United Nations projections, by the end of this century, Africa will be home to one of every three people on the planet and to five of the world's 10 largest cities, including the largest -- Lagos, Nigeria.
Japan’s central bank is now less optimistic about the economy
The Bank of Japan kept monetary policy steady on Friday but tempered its optimism that robust exports and factory output will underpin growth, a nod to heightened overseas risks that threaten to derail a fragile economic recovery.
Singapore's economy forecast to grow 2.5% in 2019
The Monetary Authority of Singapore (MAS) announced in a report on Wednesday that professional forecasters downgraded Singapore's 2019 growth forecast from previously predicted 2.6 percent to 2.5 percent.
Iran, Russia continue talks on joint economic commission
Iran's Energy Minister Reza Ardakanian in a phone conversation with Russia's Minister of Energy Alexander Novak discussed further coordination of the 15th Iranian-Russian Joint Commission.
China seeks to ease concerns over economy, data accuracy
China’s top statistics official on Tuesday sought to allay concerns over the health of the world’s second-largest economy, and defended the integrity of its data.
Depression strains economy and prevents employees' growth
It was quiet Friday mid-morning on October 12, 2018, a day when the workflow is routinely sluggish in most offices, when the city suddenly became abuzz.
China exports drop 21% on weak economy and US tariffs
China reported its steepest year-on-year decline in exports in three years on Friday, the latest sign that a global slowdown and Beijing’s trade dispute with the US are hurting the world’s second-largest economy.

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