Economy4 years ago
IMF expects Iran economy to shrink but less than peers
Latest IMF data shows Iran’s GDP would outdo that of regional oil-producing peers this year.
GDP
Saudi Arabia faces budget deficit after expectations of surplus
World Bank expects Iran’s economy to grow by 2.2% in 2023
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Business4 years ago
Saudi economy hit hard as GDP shrinks by 7%
Saudi Arabia’s economy is hit hard by the pandemic as well as lower demand for oil.
Economy4 years ago
COVID-19 caused Iran’s quarter GDP to shrink by 0.6%: CBI
Iran’s central bank says non-oil economy shrank by 0.6 percent in first quarter of 2020-2021 fiscal year.
Reports4 years ago
UK government debt tops £2tln for first time
For the first time since the 1960-61 financial year, public debt in the UK has topped 100 percent of the GDP, meaning the country now owes more than it produces in an entire year.
EU4 years ago
Record 12.1% collapse in second quarter eurozone GDP
The European economy has been hit by its sharpest recorded contraction in the second quarter, with GDP down 12.1 percent in the eurozone and 11.9 percent across the EU.
France5 years ago
France’s economy shrinks most since World War II amid pandemic
The current lockdown has been extended by two weeks to April 15.
Lebanon5 years ago
Lebanon says cannot pay Eurobond debt, sets for sovereign default
Lebanon decides not to pay the $1.2 billion foreign currency debt due on March 9.
Society5 years ago
Don’t push ‘on’ button of irreversible change: Scientist
Johan Rockstrom, a top climate scientist, says the world must avoid pushing the 'on' button of irreversible change.
Lebanon5 years ago
Burning US, Israeli flags, Lebanese slam foreign intervention
Hundreds of Lebanese protesters in front of the US embassy in Beirut slam foreign intervention in their domestic affairs.
More5 years ago
Ruling party faces exit as Uruguay votes for president
Uruguay's long-dominant leftist ruling party is facing defeat in a presidential election run-off as the small South American country prepares to swing to the right.
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