May 2015
Governor of the Central Bank of Iran: Currency Rates Will Equalize After Sanctions Are Lifted
The Governor of the Central Bank of Iran, Valiollah Seif, announced that currency unification will be pursued if international sanctions are lifted and banking relations…
Stop of the Decreasing Trend of Inflation Rate After 20 Months
The inflation rate in Iran has stopped declining after 20 months, remaining at 15.5% in May 2015. This halt raises concerns among economists about the…
A Chinese Billionaire Loses $15 Billion in One Hour
Li He-yun, a Chinese billionaire and head of Hanergy, lost over $15 billion in one hour due to a 47% drop in stock value. This…
Discovery of the First Warm-Blooded Fish Species
Scientists have discovered that the opah fish is the first warm-blooded fish species, capable of maintaining its body temperature in cold ocean depths. This adaptation…
Burmese Ruby Sold for $30 Million, Breaking Record
A Burmese ruby ring named 'Sunrise' was sold for over $30 million, setting a new world record for ruby prices. The auction took place at…
Excitement in an Incomplete Market: The Stock Market After the Nuclear Agreement
The Iranian economy is currently focused on the implications of the nuclear agreement and the reduction of bank interest rates. Economists express concerns about past…