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US economy

Iranpress: Disney to cut 28,000 jobs due to coronavirus pandemic

Disney to cut 28,000 jobs due to coronavirus pandemic

Wednesday, 30 September 2020 03:03

Disney announced Tuesday it will cut 28,000 jobs from its US parks and experiences division, pointing to depressed demand caused by the coronavirus pandemic and uncertainty on when it will recover.

Iranpress: Iraq

Iraq's electricity industry is active with Iranian gas

Wednesday, 02 September 2020 13:03

Tehran (IP) - On the sidelines of a meeting, Petroleum Minister Bijan Namdar Zanganeh referred to the purchase of Iranian gas by Iraq and said that using Iranian gas is very economical for Iraq because natural gas replaces diesel, which is more than twice the price of the gas.

Iranpress: Iran

Iran's exports to Eurasia Increase 63%, imports Decrease 15%

Friday, 28 August 2020 15:45

Tehran (IP) - The head of the Trade Promotion Organization announced a 63 percent increase in the country's exports to the Eurasian Economic Community member states.

Iranpress: Trump acknowledges economic stagnation in US

Trump acknowledges economic stagnation in US

Saturday, 06 June 2020 01:42

The US president said the economy was in a state of recession due to the outbreak of coronavirus, and it would take 10 years for it to return to normal.

Iranpress: Republican grow nervous about losing Senate over Trump

Republican grow nervous about losing Senate over Trump's handling of the Pandemic; Washington Post

Monday, 11 May 2020 11:17

Republicans are increasingly nervous they could lose control of the Senate this fall as a potent combination of a cratering economy, President Trump’s handling of the pandemic and rising enthusiasm among Democratic voters dims their electoral prospects.

Iranpress: US unemployment rate is highest since Great Depression

US unemployment rate is highest since Great Depression

Friday, 08 May 2020 17:25

The US Labour Department has released the worst job report in American history, as payrolls fell by more than 20 million and the unemployment rate soared to 14.7 percent

Iranpress: Hardest hit for US economy since the Great Recession

Hardest hit for US economy since the Great Recession

Thursday, 30 April 2020 12:43

US gross domestic product (GDP) vital factor of US economic growth contracted 4.8 percent in the first quarter of this year, which is the sharpest decline since the height of the Great Recession in the late 2000s.

Iranpress: Tensions grow between Republicans over coronavirus expenditure, saving economy

Tensions grow between Republicans over coronavirus expenditure, saving economy

Sunday, 26 April 2020 07:18

The economic havoc wreaked by the coronavirus pandemic is opening up a rift in the Republican Party as the Donald Trump administration and some Republican senators advocate for more aggressive spending while senior party leaders say now may be the time to start scaling back.

Iranpress: US deficit will extend to $3.7 trillion: Congress Budget Office

US deficit will extend to $3.7 trillion: Congress Budget Office

Saturday, 25 April 2020 03:30

A nationwide business shutdown and surge in US government spending will nearly quadruple the federal deficit to a record $3.7 trillion this fiscal year.

Iranpress: White House advisor warns second-quarter US GDP fall could be biggest ever

White House advisor warns second-quarter US GDP fall could be biggest ever

Wednesday, 22 April 2020 01:16

White House economic adviser Kevin Hassett warned on Tuesday a reduction in second-quarter U.S. gross domestic could be the biggest in the history of the country.

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