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Neighboring Countries are the Target Market of Iran’s Commodities

Iran exports to Europe decreased 93% on the first half of 2019 in comparison with 2018 because of US sanctions against Iran. Therefore it is logical to concentrate on neighboring countries for export and import. Iran aimed to increase its export to USD50 billion to 15 neighboring countries in the next two years which was…

US Economy is heading toward Recession!

Peter David Schiff, CEO and chief global strategist of Euro Pacific Capital Inc. believed that US economy is approaching to a massive recession. He thinks that the cut of interest rates by Federal Reserve last month was a big mistake. “They never should have taken rates to zero in 2008 and held them there for…

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Digital Currency Displacing US Dollar as Global Reserve

According to Sputnik, Mark Carney (governor of UK bank) declared that a #digital_currency which a group of countries support it, is needed to compete with #dollar because dollar played a dominant role in the world over past century and becomes a barrier for global improvement. It is used as the primary settlement currency for international…

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