EghtesadOnline: Will the US-China trade war grow to affect Iran’s economy? Experts present two diverse perspectives on this escalating tension and its impact on Iran’s economy. One group believes that because of Iran’s small economic role in global trade, the country is highly unlikely to be seriously affected by the fallout of trade war whereas another group cites its strong ties with China to express concerns about the seemingly unending conflict’s negative consequences for Iran.
EghtesadOnline: The Central Bank of Iran is now focused on the upcoming open market operation hoping that the monetary policy would help curb inflationary effects of the ballooning liquidity because previous measures failed to produce the desired results the bank’s governor said.
EghtesadOnline: In its latest report, Majlis Research Center, the influential research arm of the Iranian Parliament, has singled out a set of potential deterrents to poverty reduction in Iran’s economy.
EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Wednesday that bolstering the economy by reducing reliance on oil and promoting small- and medium-sized enterprises can help the country use sanctions to its advantage.
EghtesadOnline: Iran on Monday called on the Caspian Sea littoral states to intensify efforts to boost cooperation, particularly in the fields of economy and environment, and offered to help achieve this goal despite US sanctions.
EghtesadOnline: Governor of the Central Bank of Iran says the government is opposed to the repatriation of export earnings in rial as it would weaken the economy.
EghtesadOnline: The dragged-out negotiations between Tehran and the remaining signatories to the nuclear deal are unlikely to make progress on issues such as INSTEX, particularly because Europe wants further concessions from Iran in return for helping its economy, a former diplomat commented.
EghtesadOnline: While the US pressures on Iran’s economy has escalated now more than ever by imposing harsh sanctions against the Islamic Republic, commercial exchanges between the two countries is gradually coming to a halt.
EghtesadOnline: The latest industrial purchasing managers’ index (PMI) surveys indicate that the Iranian economy relapsed to stagnation in the month ending June 21, despite a flurry of activity in many sectors during the previous month.
EghtesadOnline: The Majlis Research Center says a parliamentary bill wanting to scrap the US currency from Iran’s overseas transactions would further add to the already detrimental effects of US sanctions targeting Iran’s economy.