-
Iran's exports to Eurasia Increase 63%, imports Decrease 15%
Aug 28, 2020 15:45Tehran (IP) - The head of the Trade Promotion Organization announced a 63 percent increase in the country's exports to the Eurasian Economic Community member states.
-
Trump acknowledges economic stagnation in US
Jun 06, 2020 01:42The US president said the economy was in a state of recession due to the outbreak of coronavirus, and it would take 10 years for it to return to normal.
-
Republican grow nervous about losing Senate over Trump's handling of the Pandemic; Washington Post
May 11, 2020 11:17Republicans are increasingly nervous they could lose control of the Senate this fall as a potent combination of a cratering economy, President Trump’s handling of the pandemic and rising enthusiasm among Democratic voters dims their electoral prospects.
-
US unemployment rate is highest since Great Depression
May 08, 2020 17:25The US Labour Department has released the worst job report in American history, as payrolls fell by more than 20 million and the unemployment rate soared to 14.7 percent
-
Hardest hit for US economy since the Great Recession
Apr 30, 2020 12:43US gross domestic product (GDP) vital factor of US economic growth contracted 4.8 percent in the first quarter of this year, which is the sharpest decline since the height of the Great Recession in the late 2000s.
-
Tensions grow between Republicans over coronavirus expenditure, saving economy
Apr 26, 2020 07:18The economic havoc wreaked by the coronavirus pandemic is opening up a rift in the Republican Party as the Donald Trump administration and some Republican senators advocate for more aggressive spending while senior party leaders say now may be the time to start scaling back.
-
US deficit will extend to $3.7 trillion: Congress Budget Office
Apr 25, 2020 03:30A nationwide business shutdown and surge in US government spending will nearly quadruple the federal deficit to a record $3.7 trillion this fiscal year.
-
White House advisor warns second-quarter US GDP fall could be biggest ever
Apr 22, 2020 01:16White House economic adviser Kevin Hassett warned on Tuesday a reduction in second-quarter U.S. gross domestic could be the biggest in the history of the country.
-
Amazon workers group calls for strike over virus and environmental concerns
Apr 17, 2020 12:39Along with workers of other giant firms in the US, Amazon tech workers are calling for a virtual one-day strike to pressure the online retail giant over warehouse safety conditions during the Coronavirus pandemic.
-
Parts of US economy will shut down due to coronavirus outbreak
Apr 13, 2020 07:43Minneapolis Federal Reserve Bank President on Sunday said that the US economic recovery from the disruptions caused by the novel coronavirus outbreak will likely be a "long, hard road" in which some parts of the economy will periodically shut down and restart.
