Why Iran is removing four zeroes from its currency: The reason behind the major reform | World News
Iran is set to remove four zeros from its national currency, the rial, in a major redenomination effort aimed at...
archiveIran
Iran set to remove 4 zeros from its currency; What does it means?
The Iranian parliament has passed a historic bill to remove four zeros from the country's currency, the rial. This move...
Iran revives plan to remove four zeros from currency amid economic crisis – Firstpost
Iran has revived a shelved plan to remove four zeros from its national currency, the rial, in an effort to...
Trump Threatens BRICS Over Dollar Threat Amid Stablecoin Push | Economy
The comments come amid increasing speculation that the BRICS bloc, recently expanded to include Egypt, Ethiopia, Iran and the UAE,...
What’s behind Trump’s Brics wrath and will India-US trade talks be affected?
US President Donald Trump’s threat to slap an additional 10 per cent tariff on Brics nations may be more of...
Brics leaders urge cohesion, trade and use of local currency to grow Global South clout
Brics leaders have called for stronger cohesion, expanded trade and increased use of local currency to improve the Global South’s...
‘Brics bank’ blasts the West ahead of leaders’ summit, while China mute on tariffs
Brazilian President Luiz Inacio Lula da Silva and New Development Bank (NDB) president Dilma Rousseff accused the United States, its...
India Champions Barrier-Free Trade and Local Currency Use at BRICS Summit in Brazil
The summit in Rio de Janeiro is expected to address broader themes including global governance reform, climate action, artificial intelligence,...
Dow, S&P 500, Nasdaq futures keep record highs in sight as Mideast ceasefire holds
Asia-Pacific equities were mixed overnight Tuesda as investors assessed geopolitical developments and fresh signals from the US Federal Reserve. Market sentiment was cautiously optimistic following news of a ceasefire between Israel and Iran, reportedly brokered by US President Donald Trump. The agreement has sparked hopes for de-escalation in the region, though investors remain skeptical on the concept of lasting peace. In Australia, the S&P/ASX 200 (^AXJO) pushed up 0.1% alongside a broader cooling of monthly CPI following the Reserve Bank cutting interest rates. South Korea's Kospi (^KS11) held steady, while...
Dow, S&P 500, Nasdaq jump as Israel-Iran ceasefire teeters, Powell testifies in Congress
In remarks made on Capitol Hill early Tuesday, Federal Reserve Chair Jerome Powell brushed aside political criticism and reaffirmed the Fed’s commitment to its mission: delivering a strong and stable economy for the American people. When asked about recent name-calling and public pressure from political leaders, including accusations from President Trump of being "too late" on rate cuts, Powell made it clear that such distractions don’t influence the Fed’s work. "We’re focused on one thing," Powell said at the start of his two-day testimony. "And that is we want to...