The Iran war both hampered business confidence and sent inflation expectations soaring, the Bank of Canada revealed in a new set of business outlook surveys published Monday.
Dubai Luxury Property Sales Climb Aided by Pre-War Deals
Dubai’s ultra-luxury real estate market posted record sales in the first half of the year, driven largely by transactions agreed on before the city felt the impact of the Iran-Israel conflict, …
Trump’s Iran war may be costing him voter support, new Financial Times poll suggests
Most American voters believe President Donald Trump’s military campaign against Iran has not been worth the cost, according to the Financial Times, with a new poll suggesting the conflict is hurting …
Indonesia, Singapore say key oil passage will remain ‘accessible’
Indonesia and Singapore vowed on Monday that the Strait of Malacca, a critical oil transit chokepoint in the region, will remain “accessible” even as Iran imposes fees on ships traversing the Strait …
People of Iran won’t forget: Tehran expresses gratitude to India for attending Khamenei’s funeral
Photographs shared alongside the statement showed members of the Indian delegation, including religious leaders from Sikh and other faith communities, at the ceremonies in Tehran, along with Iranian …
Risky business: Iran could get massive $300 billion investment package in deal
The most controversial part of Trump’s Iran deal may not be the nuclear terms — it’s the money. Reports say Iran could access up to $300 billion in investment, half already committed, plus an initial …
Comment: Why Iran’s central bank is starving banks of liquidity
By Alireza Ramezani The Central Bank of Iran (CBI) increased its foreign exchange reserves by $4.5bn during the recent conflict with the United States and Israel, CBI Governor Abdolnaser Hemmati said, …
Mourning of slain Supreme Leader enters second day in Iran
Three of late Iranian Supreme Leader Ayatollah Ali Khamenei attended his dayslong funeral on its second day Sunday but his successor remains absent.
Netanyahu wants to phase out US aid to Israel, labels it ‘welfare’
The Israeli premier says Israel’s economy can fully sustain military and financial needs amid rising tensions with Washington over Iran policy.
How Iran’s new regime is very different to what came before
Meanwhile, Iran is in the midst of profound change. The country is saying farewell to its former supreme leader, Ayatollah Ali Khamenei, who was killed more than four months ago in the devastating …