Monday , 6 December 2021

Economy

China’s Imports From Iran Drop 52 Percent In First Quarter Of 2020

Radiofarda – The latest figures released by China’s customs show imports from Iran dropped 52.7 percent in the first quarter of 2020, reaching an all-time low of $1.8 billion. China released its trade figures on Friday April 24, showing its exports to Iran grew by 16 percent reaching over $2.1 billion, in the same quarter compared with 2019. The main …

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In Iran, poverty and lack of internet make distance learning impossible

observers.france24.com – Iran, like many other countries hit by the Covid-19 outbreak, has closed schools and universities and prioritised online learning. But in a country where there is widespread poverty and some regions have no internet coverage at all, some students are locked out of virtual classrooms. A teacher who works in a poor neighbourhood in Iran told the FRANCE …

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Low Oil Prices Will Have A Sharp Impact On Iran’s Budget Deficit

Radiofarda – Amid a steep fall in global oil prices, the Islamic Republic President Hassan Rouhani claimed on Wednesday that Iran’s losses would be “much less” than other producers. Given that Iran’s daily oil exports have dropped from 2.5 million barrels a day before the U.S. sanctions to about 140,000 barrels a day, Rouhani’s remarks may be convincing at first …

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Iran’s Ayatollahs Will Struggle to Survive the Oil Slump

gatestoneinstitute.org – Iranian President Hassan Rouhani has tried to put a brave face on the latest setback to hit the regime, claiming that Iran is unlikely to suffer as much as other countries from the oil price drop because it is less reliant than others on crude exports. If that were truly the case, then Tehran would not be asking …

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Containing corruption key to Iran’s economic recovery

Al-Monitor – Iran is faced with very difficult choices in its current struggle to contain the health and economic fallout from COVID-19. There’s no doubt that unemployment remains the government’s key concern, and to get people back to work, authorities are prepared to accept public health risks. In fact, to underline the dimensions of the challenge, on April 11 government …

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Half Of Iranians Polled Lost Income As A Result Of Coronavirus Pandemic

Radiofarda – Half of the respondents to a poll by the Iranian Students Polling Agency (ISPA) have lost some of their income as a result of the coronavirus pandemic. More than 50% of the respondents to the poll have said that their income has been affected. While 13.5% have lost their jobs, 41.7% say they had to shut down their …

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IMF Forecasts Rising Government Debt, Declining Exports, Growth For Iran

Radiofarda – The International Monetary Fund (IMF) expects the Islamic Republic’s net debt to reach 33.8 percent of its gross domestic product (GDP) in 2020, up 22.5 percent compared with the previous year. IMF’s report released on Wednesday, April 15, a day after the publication of its World Economic Outlook, says that Iran’s GDP will be about $ 439.2 billion …

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Iran Continuing Religious Building Projects In Iraq Despite Economic Hardship

Radiofarda – An Iranian news agency has reported that despite the coronavirus epidemic, the reconstruction, development and restoration projects carried out by Iran in Iraq’s Shiite shrines have continued. Demolishing the buildings in the vicinity of the shrine of Imam Hossein to extend the grounds has continued with full consideration of health requirements, Rasa News reported on April 11. Part …

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Iran Chief Auditor’s Report On Missing Billions Angers Rouhani

Radiofarda – Iran’s President Hassan Rouhani has lashed out at the country’s Financial Controller’s Office for a report which says his administration has mishandled the country’s budget two years ago. The report by Iran’s Chief Auditor Adel Azar was published on Tuesday April 14 and charged that $4.8 billion of the budget has “disappeared.” Speaking on the Iranian state TV, an …

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