


Japan's Nikkei 225 Index Suffers Record One-Day Loss amid Recession Fears in US
TEHRAN (Tasnim) – Japan's Nikkei 225 stock index recorded its largest one-day drop in history on Monday, as mounting fears of a potential US recession triggered a global market downturn.

US Probably in Recession: Ex-Fed Insider
TEHRAN (Tasnim) – The United States may already be in a “plain vanilla recession,” said a former adviser to the Federal Reserve Bank of Dallas, Danielle DiMartino Booth.

Iran’s Aluminum Output Hits Record High: IMIDRO
TEHRAN (Tasnim) – Iran has reported a record in aluminum output amid upgrade programs by smelters and better supply of feedstock.

Tehran to Host Petrochemical Industry’s Activists from 15 Countries
TEHRAN (Tasnim) – The 15th International Forum on Iran’s Petrochemical Industry will be held on August 4-5, 2024, in Tehan with the participation of petrochemical industry activists from 15 countries.

FTA between Iran, EAEU to Be Launched Soon: TPOI Deputy
TEHRAN (Tasnim) – The deputy head of the Trade Promotion Organization of Iran (TPOI) said the Free Trade Agreement (FTA) between Iran and the Eurasian Economic Union (EAEU) will be launched soon.

MRUD Holds First Meeting of National Transit Center
TEHRAN (Tasnim) – The first meeting of the 'National Transit Center' will be held by Iran’s Ministry of Roads and Urban Development (MRUD).

Iran Petrochemical Achievements Exhibition to Be Held Next Week
TEHRAN (Tasnim) – An exhibition of the achievements of Iran’s petrochemical industry will be held in Tehran on August 4-5, 2024 on the sidelines of the 15th Iran International Petrochemical Forum (IPF).

Iran Exports $200 Million of Technical, Engineering Services in 4 Months
TEHRAN (Tasnim) – An official at the Trade Promotion Organization of Iran (TPOI) said that $200 million of technical and engineering services were exported from the country in the first four months of the current Iranian calendar year (started March 21, 2024).

Iranian Official Calls for Launching PTA, FTA with Brazil to Enhance Trade
TEHRAN (Tasnim) – The chairman of the Iran-Brazil Joint Chamber of Commerce said that the lack of free and preferential trade agreements between Iran and Brazil is an obstacle to the development of economic relations between the two countries.

Iran’s 4-Month Oil Sales Hit $15.7 Billion: IRICA Chief
TEHRAN, Jul. 29 (MNA) – Iran exported $15.7 billion of oil overseas in the first four months of the current Iranian calendar year (March 21 to July 22, 2024), the head of the Islamic Republic of Iran Customs Administration (IRICA) said.

Iran Ready to Open New Maritime Line in Arbaeen Season
TEHRAN (Tasnim) – An official expressed the Iranian Ports and Maritime Organization’s readiness to launch a new maritime line between Iran’s Khorramshahr and Iraq’s Basra ports to facilitate the Arbaeen pilgrimage.

Iran’s Trade with Neighbors Hits $20 Billion in 4-Month Period: IRICA
TEHRAN (Tasnim) – Iran’s trade with its 15 neighboring states in the first four months of the current Iranian calendar year (March 21 to July 22, 2024) reached $20 billion, showing a six percent growth compared to the same period last year.

Russia’s Mir Cards to Be Introduced in Iran
TEHRAN (Tasnim) – Moscow expects Mir cards to start working on Iranian territory in the near future, hoping to integrate the two countries’ payments systems as soon as possible, Russian Deputy Foreign Minister Andrey Rudenko said.

Iran’s Export of Agricultural Products Up 32% in 4 Months
TEHRAN (Tasnim) – More than two million tons of agricultural products were exported from Iran in the first four months of the current Iranian calendar year (started March 21, 2024), showing a 32 percent growth compared to last year’s corresponding period.

Iran Imports 12 Tons of Gold Ingots in 4-Month Period: Economy Minister
TEHRAN (Tasnim) – Iran imported 12 tons of gold ingots in the first four months of the current Iranian calendar year (started March 21, 2024), according to the economy minister.

Iran Imports 10,000 New Cars in 4 Months
TEHRAN (Tasnim) – Around 10,000 brand-new cars were imported to Iran from March 20 to July 21.

Russia Exports Coal to India via Iran by Train for 1st Time
TEHRAN (Tasnim) – Russia's coal has been exported to India through Iran's railway for the first time, Head of the Islamic Republic of Iran Railways (RAI) Miad Salehi said.

1st Iranian Cargo Train to Head to China Today
TEHRAN (Tasnim) – The first freight train will leave Iran for China on Sunday in a ceremony to be attended by CEO of the Islamic Republic of Iran Railways Miad Salehi and the Chinese, Kazakh and Turkmen envoys to Iran.
