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.
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).
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.
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.
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.
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.
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.
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.