Assessing the Purchasing Managers’ Index (PMI) in 85% of the global economies demonstrate that the world has entered recession in production. So the service section including real estate is in the upswing range. It is expected that the global economy growth decreases from 3.25%~3.50% on 2017~2018 to 2.5%~2.75% on 2019~2021! What threatens the economy? US-…
economy
Cold War & Economic Collapse
Fitch Ratings Inc. as one of the big three credit rating agencies declared that global tensions and cold war have caused the economy to be suppressed. Gross domestic product (GDP) in 20 superior world’s economies, developed or developing, had a bearish trend from the second half of 2018 until now! Weak internal demand and real…
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…
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…