Economy

A failed, incapable, vulnerable America: Scope Ratings exposes Washington’s unsustainable debt path

TEHRAN- The United States is being portrayed not as an exceptional economic power, but as an increasingly incapable and inefficient fiscal manager, dangerously exposed to the whims of investors and unable to control its own borrowing. According to Bloomberg, citing Scope Ratings, America’s “exceptionally large” budget deficits and inexorably rising debt have left it “increasingly exposed” to shifts in market sentiment.
Domestic breakthrough: South Pars Phase 11 reaches full 1 bcf/d output

TEHRAN- Iran’s South Pars Phase 11 has reached a major milestone: after years of delays and the withdrawal of foreign partners such as France’s Total and China’s CNPC, the project has achieved its nominal production ceiling of 1 billion cubic feet per day at offshore position B, relying on domestic expertise.
Development of mobile dispatching center launched across country

TEHRAN- The Minister of Energy ordered: After the launch of the first center in Khorasan Razavi Province, the mobile dispatching model should be developed nationwide, and the Deputy for Electricity and Energy was tasked with drafting the necessary directives to implement the plan.

Development of mobile dispatching center launched across country

TEHRAN- The Minister of Energy ordered: After the launch of the first center in Khorasan Razavi Province, the mobile dispatching model should be developed nationwide, and the Deputy for Electricity and Energy was tasked with drafting the necessary directives to implement the plan.
Domestic breakthrough: South Pars Phase 11 reaches full 1 bcf/d output

TEHRAN- Iran’s South Pars Phase 11 has reached a major milestone: after years of delays and the withdrawal of foreign partners such as France’s Total and China’s CNPC, the project has achieved its nominal production ceiling of 1 billion cubic feet per day at offshore position B, relying on domestic expertise.
From Bazargan to Mersin: how Iran, Turkey plan to reach $30b in trade

TEHRAN- Iran and Turkey, aiming to increase trade to $30 billion, are pursuing the development of the Bazargan border, the launch of a fourth crossing, strengthening rail and road transport, and establishing a joint Khoy–Van–Mersin free zone.
A failed, incapable, vulnerable America: Scope Ratings exposes Washington’s unsustainable debt path

TEHRAN- The United States is being portrayed not as an exceptional economic power, but as an increasingly incapable and inefficient fiscal manager, dangerously exposed to the whims of investors and unable to control its own borrowing. According to Bloomberg, citing Scope Ratings, America’s “exceptionally large” budget deficits and inexorably rising debt have left it “increasingly exposed” to shifts in market sentiment.
Iran stone industry targets $5b exports as 18th intl. stone exhibit opens in Mahallat-Nimvar

TEHRAN- Bahram Shokouhi, Head of the Iran Stone Association, said Iran’s stone industry has the capacity to generate at least $5 billion in foreign currency earnings and exports if its potential is properly guided and supported.
Gas delivery to industries increases by 1bcm

TEHRAN- The CEO of the National Iranian Gas Company, outlining the performance of the first six months of this year, reported stability in supplying fuel to the country’s power plants and industries despite reduced production at South Pars, and said that in the sector of industries and small businesses in the first half of this year, the volume of delivered gas was one billion cubic meters more than last year in the same period.
PMO head emphasizes activating idle port capacities by strengthening maritime diplomacy

TEHRAN- The Head of Iran’s Ports and Maritime Organization (PMO) announced the organization’s plan to activate the country’s idle port capacities, develop maritime diplomacy, and use the capacities of the embassies of the Islamic Republic of Iran to expand maritime trade and transport.
FTA with Eurasia is a new capacity for expanding trade exchanges: TPO head

TEHRAN- The Head of the Iran Trade Promotion Organization (TPO), referring to the holding of three important economic-trade events in Belarus, described the free trade agreement with the Eurasian Economic Union as an important capacity for expanding trade exchanges between Iran and the member states of the union.
Iran, Armenia stress removing border obstacles, increasing transit capacity

TEHRAN- A joint meeting was held between Iran’s Deputy Minister of Transport and Urban Development and Head of the Road Maintenance and Transportation Organization, and a delegation from the Republic of Armenia, with the presence of Armenia’s Deputy Minister of Infrastructure and Territorial Management, at the Nordooz border terminal.
Iran-EAEU trade on an upward trend: TPO head

TEHRAN- The Head of Iran’s Trade Promotion Organization (TPO), in a meeting with the Trade Minister of the Eurasian Economic Union, referring to the upward trend of trade between Iran and the member states of the union, emphasized the Islamic Republic of Iran’s determination to expand and deepen trade relations and strengthen ties between the private sectors of the two sides.