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Irans July exports steady as OPEC pumps record crude: Report Irans July crude output remains steady despite a major surge in production by OPEC members.
Iran has pumped steady amount of crude in July despite a 15-month record production reported by the Organization of Petroleum Exporting Countries (OPEC), a survey shows.
Reuters news agencys analysis of... |
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Nearly 6 in 10 Americans blame Bidens policies for inflation spike: Poll A shopkeeper works inside his retail store as the phase one reopening of New York City continues during the outbreak of the coronavirus disease (COVID-19) in the Brooklyn borough of New York City, New York, US June 9, 2020. (Reuters photo)
Almost 6 in 10 Americans say that policies adopted by the... |
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650,000 UK firms in serious financial distress despite ending of lockdown: Experts People walk past shops, as the coronavirus disease (COVID-19) restrictions begin to ease, in Manchester, Britain, April 9, 2021. (Reuters photo)
The number of British businesses in immense financial distress has soared by a quarter to 650,000 during the past year, according to insolvency specialists.
Begbies... |
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Government Stops Budget to Development Projects The government has stopped all procurement processes and the budget for development projects due to a reduction in its revenues and an increase in expenses of the security forces, the Ministry of Finance said.
The ministry said that based on the decision, the budget for "optional projects" has been... |
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Boeing 777X realistically wont win certification approval before mid-2023: US FAA A Boeing 777X airplane takes off during its first test flight from the companys plant in Everett, Washington, US January 25, 2020. (Reuters photo)
The US Federal Aviation Administration (FAA) has told Boeing Co. that its planned 777X would not receive approval for an important step in the certification... |
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Business group urges Biden to lift Europe travel ban, revive economies EU countries have reopened their borders to Americans who are vaccinated or test negative for COVID-19, but the United States has not reciprocated.
The Biden administration is under pressure from a major business group and diplomats to scrap a travel ban on Europeans, as investment from the continent... |
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Iran turns a corner with production from giant oil layer An Iranian company has begun production from an offshore oilfield in the Persian Gulf. (Photo by Shana)
An Iranian company has started oil production from the Asmari layer of the Abuzar field for the first time, marking a new milestone in the countrys sprawling petroleum industry.
Despite having... |
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US unveils criminal charges against two Israelis in insider trader scheme File photo of Audrey Strauss, acting US Attorney for the Southern District of New York
US prosecutors in New York City have revealed criminal charges against two Israeli traders for illegal trading in several biotechnology and healthcare companies in connection with a sprawling international insider... |
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Developer officially cancels Keystone XL pipeline project blocked by Biden A TC Energy pump station sits behind mounds of dirt from the Keystone XL crude oil pipeline as it lies idle near Oyen, Alberta, Canada February 1, 2021. (Reuters photo)
The Canadian pipeline company that had long sought to build the Keystone XL pipeline has announced it officially terminated the project... |
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Afghanistan and Turkmenistan to sign marble export agreement Minister of Foreign Affairs Mohammad Haneef Atmar and Foreign Minister of Turkmenistan Rashid Meredov, have discussed Afghanistan exporting marble to Turkmenistan.
In a statement issued by the Afghan foreign ministry, MoFA said the Afghan delegation provided comprehensive information to their Turkmen... |
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US worker shortage is real and getting worse by the day: Chamber of Commerce The US labor short is a "national economic emergency" that is getting worse by the day, the Chamber of Commerce said.
The US labor shortage is holding back the countrys economic recovery from the Covid-19 pandemic, according to the US Chamber of Commerce.
The labor shortage is hitting industries... |
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US manufacturers blame Trump-era tariffs for swelling inflation: WSJ Steel pipes being loaded for export in Handan, China, in April. (Photo via The Wall Street Journal)
American manufacturers believe that the Trump-era import tariffs are to blame for swelling inflation across the United States, a report says.
The administration of former president Donald Trump implemented... |
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Chinese consortium meets with Ghani over $400 million power project A group of Chinese investors met with President Ashraf Ghani on Saturday to discuss the possibility of establishing a coal-fired power plant in the country.
The Presidential Palace (ARG) said in a statement the group plans to invest $400 million in the energy-generating project.
The plan is for the... |
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HSBC exits loss-making US retail banking as part of Asia pivot An HSBC bank is pictured during the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, US, October 19, 2020. (Reuters photo)
HSBC (HSBA.L) announced it is withdrawing from US mass market retail banking by selling some parts of the money-losing business and... |
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UK wont commit to halting new oil exploration despite climate report A section of the BP Eastern Trough Area Project (ETAP) oil platform is seen in the North Sea, about 100 miles east of Aberdeen in Scotland, February 24, 2014. (Reuters photo)
The United Kingdom will not commit to halting new oil exploration in the North Sea, a government energy body told Reuters,... |
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Biden says Nord Stream 2 sanctions waived because pipeline nearly done & fighting it now would be counterproductive with allies FILE PHOTO: Workers are seen at the construction site of the Nord Stream 2 gas pipeline, near the town of Kingisepp, in Russias Leningrad region. © Reuters / Anton Vaganov
US President Joe Biden has claimed that he took office too late to stop the Nord Stream 2 pipeline linking Russia and Germany,... |
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World Bee Day: Depending on the survival of bees The UN General Assembly has designated May 20 as World Bee Day to raise awareness of the importance of bees, support for beekeeping and the effects of bee pollination on sustainable development of agriculture and food supply.
According to the UN, bees are under threat. Present species extinction rates... |
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Iran marks milestone by sending oil to terminal on Sea of Oman The Goureh-Jask oil pipeline is about to carry 1 million barrels per day (bpd) of crude from Irans West Karun oil fields to the southeastern coast on the Sea of Oman.
Iran has started sending oil to a new terminal on the Sea of Oman through a pipeline that bypasses the Strait of Hormuz, Chief Executive... |
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Cryptocurrencies lose nearly $280 BILLION in value after bitcoin drops below $40,000 Bitcoin fell sharply to below $39,000 on Wednesday, its lowest level since February, as news of further restrictions on cryptocurrency transactions in China sparked another major selloff.
The worlds number one digital asset bounced back to just above $40,000 as of 8am GMT, but was still trading 11%... |
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BLM co-founder blasts white supremacy in housing market after $3 million property spending spree FILE PHOTO: Co-founder of the Black Lives Matter movement, Patrisse Cullors, attending the 90th Academy Awards in Hollywood, California, March 4, 2018 © Reuters / Carlo Allegri
A co-founder of Black Lives Matter, Patrisse Cullors, has highlighted the "history of racism inside of the housing market,"... |
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Gates left Microsoft board amid probe into prior relationship with staffer: WSJ Microsoft founder Bill Gates (AFP photo)
Bill Gates quit the Microsoft Corp. board in 2020 over an inappropriate relationship with a female employee, the Wall Street Journal reported Sunday.
The board members pressured Gates to step down as they began an investigation in 2019 after a female engineer... |
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US Budget deficit hits record $1.9 trillion in current fiscal year File photo of US Secretary of the Treasury Janet Yellen
The US budget deficit has hit a record $1.9 trillion just in the first seven months of the current fiscal year, according to the Treasury Departments monthly budget report.
It marks nearly a three-percent increase compared to the same time... |
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EU court scorns German firm over Iran contract EU legal advisor criticizes German company Telekom Deutschland for termination of contract with Iranian bank.
An opinion provided by the European Unions top court to German judges says that termination of a contract involving Bank Melli Iran by a major German company over fears of US sanctions was... |
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Russia denies any link to cyberattack on US fuel pipeline Fuel tanks are seen at Colonial Pipeline Baltimore Delivery in Baltimore, Maryland, the US, on May 10, 2021. (Photo by AFP)
Russia has denied involvement in a cyberattack that led to the shutdown of the biggest US fuel pipeline operated by the Colonial Pipeline Company.
"Russia has nothing to do... |
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US gas prices head for highest in years as hacked key pipeline shut US gas shortages have led to fears of spiking prices. (Photo by Getty)
US gas prices could soon be headed for the highest level since 2014 due to a cyberattack that crippled the countrys biggest fuel pipeline system, according to the American Automobile Association (AAA).
Average US pump prices... |
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UK house price growth hits five-year high in April: Halifax Houses are seen painted in various colours in a residential street in London, Britain, May 15, 2019. (Reuters photo)
British house prices increased last month at the fastest annual rate for five years, helped by finance minister Rishi Sunaks extension of tax cut for buyers, mortgage lender Halifax... |
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US Southeast to see fuel price hikes after pipeline shutdown: Experts Sold out gas pumps are shown at a station ahead of the arrival of Hurricane Dorian in Pompano Beach, Florida, US August 30, 2019. (Reuters photo)
The southeastern United States will be the first to experience price hikes at the pumps because of the supply disruption following a cyberattack that shut... |
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Afghanistan resumes export of talc stone from Nangarhar Afghanistan has resumed the export of talc stone from a key mine in the countrys eastern province of Nangarhar, the Ministry of Industry and Commerce said on Sunday.
The ministry said in a statement that the process of exporting talc stone resumed recently.
"In the last two months, thousands of... |
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Parliament rejects draft budget for second time Members of the Wolesi Jirga (Lower House of Parliament) have rejected the proposed budget for the new fiscal year 1400 for the second time.
MPs said the second draft budget is also unbalanced and still does not address the issue of equal pay for government employees.
MPs said they will not approve... |
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Imported Power from Uzbekistan Increases to 400MW The imported power from Uzbekistan has increased to 400 megawatts from 300 megawatts, the countrys power distributor, Da Afghanistan Breshna Sherkat (DABS), announced Monday, quelling complaints from Kabul residents who have been faced with an electricity shortage over the last few weeks.
DABS said... |
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General Soleimani highly charismatic, conqueror of hearts: Daughter
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