by Djavad Salehi-Isfahani Iranian President Hassan Rouhani could not wait for the quarterly Economic Trends report published by the Central Bank of Iran (CBI) to be issued. It showed that from March 2013 to March of this year, Iran’s GDP… Continue Reading
by Sara Vakhshouri In the past several days—despite the conflicts affecting Iraq, Syria, Iran and Russia—oil prices have been on a downward trend, hitting their lowest number in the past four years. As of October 2014, oil prices are more… Continue Reading
by Djavad Salehi-Isfahani Iranian President Hassan Rouhani was elected to office largely on his promise to lift the economy out if its deepest recession since the Iran-Iraq war. One year later, evidence of a recovery is hard to find, but… Continue Reading
by Sara Vakhshouri On Saturday June 21, Iraq’s largest refinery at Baiji finally succumbed to the forces of the radical Sunni militant group, the Islamic State in Iraq and the Levant (ISIL, often referred to as the Islamic State in… Continue Reading
by Sara Vakhshouri After almost a decade of negotiations, Moscow reached a 400 billion dollar energy deal with Beijing yesterday, allowing the Russian state-controlled Gazprom to export gas to China for 30 years. The key agreement guarantees long-term market access… Continue Reading