Iran
ING: How a post-Covid world could look
Low interest rates for even longer or maybe even forever, and ballooning government balance sheets will shape the post Covid-19 era. But that's not all. The health crisis may have fundamentally altered the structure of our economy.
Prices for ginger and lemons soar as Russians turn to traditional home remedies to fight coronavirus
The price of ginger in Russia has reportedly soared five-fold and lemons are getting hard to come by as Russians reach out for the tried and tested home-made cures for the flu.
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OUTLOOK 2020/2021 Iran
Economically besieged Islamic Republic’s year looks set to hinge on whether tormentor-in-chief is re-elected.
UK ‘pressing US to ease Iran sanctions to help fight coronavirus’
No sign as yet of Trump administration relenting. Reports say it may veto Iranian application to IMF for $5bn of emergency funding.
China calls on US to drop sanctions to help Iran fight coronavirus
Beijing says Washington’s measures are “against humanitarianism and hampers Iran's epidemic response & delivery of humanitarian aid”.
Iran goes to IMF for first time since 1960s and scraps new year events in face of pandemic
Central bank requests $5bn in emergency funding. Islamic Republic has world's third worst outbreak of coronavirus. Its economy, already hobbled by US sanctions, faces another body blow.