global economy
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Russia hosts 8th BRICS Industry Ministers’ Meeting
Moscow, IRNA — The 8th BRICS Industry Ministers’ Meeting has kicked off in Nizhny Novgorod as part of Russia’s BRICS Chairship in 2024.
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Iran's GDP at $1.81 trillion, making country 19th economy in world: Official
Tehran, IRNA – Head of Iran's Plan and Budget Organization Davood Manzour has said that this country is now the 19th largest economy in the world, with a gross domestic product (GDP) of $1.81 trillion based on the purchasing power parity (PPPs).
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Global inflation to rise because of Red Sea tensions: OECD
Tehran, IRNA— Increasing shipping costs in the wake of the ongoing tensions in the Red Sea could impede the fight against inflation in the world, the Organization for Economic Co-operation and Development (OECD) has said.
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US dollar under threat as BRICS nations plan to develop exports
Tehran, IRNA – BRICS, an association of leading emerging markets, is set to develop exports this year, which could threaten the US dollar, as the bloc moves ahead with its plan to reduce dependency on the American currency in an effort to reform the global economy.