Author: Steven Sahiounie

Steven Sahiounie, journalist and political commentator Iran has a new president, but that won’t affect the US-Iran relationship, because the US is held hostage to the Israel Lobby, AIPAC. Masoud Pezeshkian, a 69-year-old cardiac surgeon, former health minister, and current Member of Parliament, won 53% of the vote in a runoff election in Iran.Pezeshkian is open to a new relationship with the US, but any policy change will have to wait until the outcome of the US election in November. Similarly, Israeli Prime Minister Benjamin Netanyahu is waiting for the outcome of the US election. “I have come … to…

The Central Bank of the United Arab Emirates (CBUAE) announced that monetary deposits increased by over 1.74 percent or AED13.1 billion in April, reaching AED764 billion, compared to AED750.9 billion in March. According to CBUAE’s statistics for April, issued today, government deposits increased to AED508.8 billion, while quasi-monetary deposits settled at AED1.256 trillion. Currency issued reached AED146.8 billion during April, with banks accounting for AED18.4 billion and currency circulated outside banks logged at AED128.4. The April statistics further showed that the monetary base expanded by 1.5 percent to AED714.3 billion, comprising AED146.8 billion in currency issued, AED183.1 billion in reserve…

The new British government’s aim to post the fastest sustained economic growth among G7 nations hinges on ranking first for increases in per-capita output for two years running by the time of the next election, a government source told Reuters.

Russian plants owned by Silgan Holdings Austria have been taken under state management   Russia has temporarily nationalized the assets of metal packaging manufacturer Silgan Holdings Austria. According to a decree signed by Russian President Vladimir Putin on Thursday, the Russian assets of the company have been transferred under state supervision. All of the shares in two plants owned by the Austrian arm of the US company – Silgan Metal Packaging Stupino in Moscow Region, and Silgan Metal Packaging NM in Adygea – have been handed over to the Russian Federal Property Management Agency following the presidential decree. Silgan Holdings…

The service could experience slowdowns in Russia because its servers have not been updated in two years, Dmitry Peskov has explained

The left-wing alliance that took the most seats in the recent parliamentary elections has promised to raise taxes on the rich

The International Monetary Fund on Friday said that gross capital inflows into emerging markets excluding China last year rose to $110 billion or 0.6% of their economic output

U.S. consumer sentiment ebbed in July, but inflation expectations over the next year and beyond improved, a survey showed on Friday.

Saudi Arabia’s logistics services sector logged a remarkable growth rate of 76%, with 11,928 registrations, making it the leading sector in the April-June quarter

The Organisation for Economic Cooperation and Development (OECD) forecasts Austria’s GDP growth to recover to 0.2 percent in 2024 and 1.5 percent in 2025