Iran’s non-oil trade during the first five months of the current Iranian year (March 20-August 21, 2020) amounted to $24.6 billion, said the head of the Islamic Republic of Iran Customs Administration (IRICA) on Tuesday.
Iran’s five-month non-oil trade surpasses $24b: IRICA
The first technology tower funded by the private sector came into operation in Iran, leading to the formation of a new innovation area connecting academic centers to private sector companies.
Iran opens technology tower in university-linked innovation area
Top US and Chinese trade officials have reaffirmed their commitment to a Phase 1 trade deal, which has seen China lagging on its obligations to buy American goods, giving a boost to financial markets on Tuesday.
US, China reaffirm commitment to Phase 1 trade deal in phone call
Iraq’s Oil Minister Ihsan Abdul-Jabbar said his country is planning to produce its own gas to meet domestic needs, but imports from Iran will continue for the next five years.
Iraq to import Iranian gas until 2025 despite US opposition
Iranian President Hassan Rouhani on Tuesday inaugurated three major industrial and mining projects worth about $641.66 million via videoconference, concurrent with Government Week (August 23-29).
President Rouhani inaugurates industrial, mining projects
Delta Air Lines is set to furlough 1,941 pilots in October, the carrier said in a memo to employees on Monday that noted the fallout from the COVID-19 pandemic and plunging air travel demand.
Delta set to furlough over 1,900 pilots in October
India’s central bank will resume its Federal Reserve-style Operation Twist to calm rising yields as quickening pace of inflation and heavy government bond supply spark concern.
RBI resumes operation twist as inflation, supply concerns mount
Australian flag carrier Qantas announced plans Tuesday to cut almost 2,500 more jobs, just days after posting a huge annual loss as it reels from a collapse in demand caused by the coronavirus.
Qantas to axe 2,500 more jobs
The United Nations chief said the tourist industry has been devastated by the COVID-19 pandemic, with $320 billion lost in exports in the first five months of the year and over 120 million jobs at risk.
UN says tourism impact of pandemic devastating

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