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UK economy won’t stay close to EU after Brexit, Javid says
UK Chancellor of the Exchequer Sajid Javid signaled Britain is planning to shift its economy further away from the European Union’s, firing an early salvo in what’s set to be a fractious year in hammering out their future relationship.
Minister: Boosting exports only way to salvage Iran’s economy
Under the present circumstances, expansion of exports is sole solution for rescuing the country’s economy, said the Iranian minister of industry, mine and trade.
IMF boss says global economy risks return of Great Depression
The head of the International Monetary Fund has warned that the global economy risks a return of the Great Depression, driven by inequality and financial sector instability.
Thai parliament passes $106b budget in boost for economy
Thailand’s parliament approved the annual budget after a months-long delay, providing a fillip for the country’s struggling economy.
Philippines builds infrastructure to spur economy
The Philippines’ economy is leaning heavily on infrastructure projects — along with the traditional growth drivers of consumption and foreign remittances — to deliver an economic boost in 2020. In the meantime, the central bank is keeping monetary conditions easy to help the country catch up with its Southeast Asian neighbors.
Italy's economy sees a trickle of upbeat news
The latest round of economic indicators are showing positive signs for Italy's slow-growing economy — but just barely.
French economy to grow 1.3% with a pension deal
The French economy will grow 1.3 percent this year, the same pace as 2019, as long as a compromise is reached quickly with labor unions that are on strike over pension reform, Finance Minister Bruno Le Maire said in an interview with the Journal du Dimanche.
Iranian economy growing without oil, trade balance positive: Minister
The Iranian economy has for a first time grown without enjoying normal revenues derived from the sale of crude, said a minister, adding the country is exporting more non-crude commodities than ever.
Official: Southern province’s shrimp exports fetched Iran $70m since March
The shrimp farming industry in the southern Iranian province of Bushehr has fetched the country $70 million in foreign revenues since March 2019, said a provincial official on Wednesday.
Security in Indian Ocean guarantees global economic interests: Cmdr.
Second day of Iran’s joint military drills with Russia, China
Hezbollah says supports new govt. capable of rescuing Lebanon economy
Hezbollah supports a new government capable of quickly carrying out essential reforms in the cash-strapped country of Lebanon as further economic deterioration, including the risk of sharp currency devaluation, would exacerbate social tensions, an official with the Lebanese resistance movement says.
MP: Sanctions an opportunity to boost agricultural sector’s revenues
US unilateral sanctions on Iran have provided the country with an opportunity to increase the share of the domestic agricultural sector of its total exports as well as foreign currency revenues, said an Iranian MP.
CBI: Iran’s economy, minus oil, growing at 0.5%
Iran’s economy, excluding oil, has recorded a growth rate of 0.5 percent in the first six months of the Iranian year (March 21-September 22), said the country’s chief banker.

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