Foreign investments in Iran’s capital market reached $362 million in the first nine months of the Iranian year (March 20 to December 20, 2016), said a member of the Board of Directors of Securities and Exchange Organization (SEO) of Iran.
By Saeed Leylaz
Central Bank of Iran (CBI) announced that the gross domestic product grew 7.4 percent in the first half of the current fiscal year (started March 20) compared to the figure for the same period last year.
Is globalization reversing? No, but it has lost dynamism, notably in the case of trade, the motor of global economic integration for decades. The question, however, is why trade’s growth has fallen. Is it because the world economy has slowed? Is it because of the exhaustion of certain opportunities? Or is it because of protectionism?
The International Monetary Fund (IMF) said on Wednesday that economic conditions in Iran are improving and Iran's economy has beat expectations by growing by 4.5 percent this year compared with 0.4 percent in 2015and could keep that pace.
German manufacturing growth accelerated to a three-month high in September, partly driven by stronger demand from abroad, a survey showed on Monday, suggesting factories will contribute to an economic expansion in the third quarter.
For chancellors of the exchequer, annual International Monetary Fund meetings have not always been the happiest of occasions. Heading there in early October 2008, Alistair Darling knew that the solvency of the UK banking system was hanging by a thread. In 1992, Norman Lamont went to Washington with his economic strategy in tatters after Britain’s departure from the Exchange Rate Mechanism on Black Wednesday. In 1976, on his way to Manila, Denis Healey only managed to get as far as London’s Heathrow Airport, such was the intensity of the sterling crisis. On that occasion, the chancellor did not need to go to the IMF: The IMF came to him, the Guardian reported.