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World Economy

Iranpress: Gold Holds Ground Amid China’s Tariff Retaliation, Rising Recession Fears

Gold Holds Ground Amid China’s Tariff Retaliation, Rising Recession Fears

Saturday, 05 April 2025 09:48

Gold prices are attempting to regain strength following a sharp drop earlier in the week, as markets react to China’s 34% tariff on all U.S. goods, escalating global trade tensions.

Iranpress: China Calls for Safeguarding WTO-Centered Multilateral Trade System

China Calls for Safeguarding WTO-Centered Multilateral Trade System

Monday, 06 January 2025 20:04

China will continue to work with the rest of the world to safeguard the multilateral trade system with the World Trade Organization (WTO) at its core, foreign ministry spokesperson Guo Jiakun said on Monday.

Iranpress: World newspapers: Honda, Nisan to Unite as Number 3 Carmaker

World newspapers: Honda, Nisan to Unite as Number 3 Carmaker

Tuesday, 24 December 2024 21:10

Honda and Nissan have formally agreed to hold talks over the next six months on a possible merger, a deal that would create the world’s third-largest automaker and give them more resources to compete with a growing threat from Chinese carmakers.

Iranpress: FM arrives in Swiss to partake in Davos forum

FM arrives in Swiss to partake in Davos forum

Tuesday, 16 January 2024 20:09

Switzerland (IP) - Iran's foreign minister arrived in Switzerland on Tuesday evening to participate in the World Economic Forum or Davos forum.

Iranpress: World newspapers: Tools to fix global debt are broken, experts say

World newspapers: Tools to fix global debt are broken, experts say

Monday, 18 December 2023 21:00

Economists offer alternatives to financial safeguards created when the U.S. was the pre-eminent superpower and climate change wasn’t on the agenda.

Iranpress: IMF warns over global food inflation as Russia exists from grain deal

IMF warns over global food inflation as Russia exists from grain deal

Thursday, 20 July 2023 02:26

The International Monetary Fund announced on Wednesday that Russia's withdrawal from the Black Sea grain export agreement will increase global food insecurity.

Iranpress: Decline of dollar in world trade

Decline of dollar in world trade

Wednesday, 26 April 2023 16:29

Tehran (IP) - The US dollar, which has been the leading foreign currency in the world trade for years, sees its position in danger.

Iranpress: China, India to account for half of global economic growth in 2023: IMF chief

China, India to account for half of global economic growth in 2023: IMF chief

Friday, 07 April 2023 08:57

Managing Director of the International Monetary Fund (IMF) on Thursday said the world economy is expected to grow less than 3 percent this year, with India and China projected to account for half of global growth in 2023.

Iranpress: Construction crisis in Italy

Construction crisis in Italy

Monday, 03 April 2023 08:24

Rome (IP) - Italy's fragile economy has put thousands of construction companies on the brink of bankruptcy due to high inflation and rising costs in all kinds of production.

Iranpress: Cost of living crisis and climate change, biggest global risks

Cost of living crisis and climate change, biggest global risks

Thursday, 12 January 2023 02:46

The World Economic Forum’s annual Global Risks Report found the cost of living crisis and climate change are the biggest short and long-term global risks right now, respectively.

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