A study of trade exchanges this year between Iran and members of the European Union shows exports to the bloc surged in July to compensate for the losses suffered during the initial months of the pandemic although the total size and value of shipments remained largely low because of US sanctions on Tehran.
The Iranian government amended its regulations on cryptocurrencies to allow them to be exclusively used for funding imports at a time of increased pressure on the country’s normal use of hard currencies.
Iran’s national flag carrier Iran Air said it has resumed scheduled flights to five European countries which had been suspended over the past seven months due to the spread of the deadly coronavirus pandemic.
Big Tech is bracing for a tumultuous week marked by quarterly results likely to show resilience despite the coronavirus pandemic, and fresh attacks from the US lawmakers ahead of the November 3 election.
China is reconsidering its strategy for the internationalization of the yuan and planning for more policy support after completing a comprehensive review recently, according to a senior central bank official.