December 2014
Saudi Arabia Faces $38 Billion Budget Deficit
Saudi Arabia has announced a budget deficit of $38.6 billion for 2015, attributed to falling oil prices. The government plans to maintain spending despite the…
U.S. Stock Indices Set New Records
U.S. stock indices, including the Dow Jones and S&P 500, have reached new record highs, driven by strong economic growth estimates. Analysts express concerns about…
Russia: The Crisis of Ruble Devaluation Has Ended
Russia's Finance Minister Anton Siluanov announced that the country has overcome its currency crisis, with the ruble strengthening after recent measures including interest rate hikes.…
Central Bank: Iran's Economic Growth at Four Percent in the First Half of 2014
The Central Bank of Iran reported a four percent economic growth in the first half of 2014, marking the first expansion in three years. President…
US Stock Index Sets Historic Record of 18,000 Points
The US stock market has reached a historic milestone with the Dow Jones surpassing 18,000 points, driven by strong economic growth of 5% in the…
Oil Prices Decline Again
Oil prices have dropped again, reaching levels not seen in five years, attributed to market conditions and increased U.S. shale production. OPEC's Secretary-General has indicated…
Ahmadinejad's Government Left '100 Billion Tomans' Commitment for the Presidency
The Iranian presidency's budget has reportedly increased significantly, attributed to commitments from the previous government and the need to regulate employee salaries. This has sparked…
Global Oil Prices Plummet by Five Percent, Approaching $60
Global oil prices have dropped significantly, with Brent crude falling to $63.56, attributed to increased U.S. shale production and reduced demand. Saudi Arabia's oil minister…
Oil Prices Drop by Four Percent to Lowest Level in Five Years
Oil prices have dropped significantly, reaching their lowest levels in five years, with predictions of further declines. Key players like Morgan Stanley and OPEC countries…