September 2002
In Response to Public Distrust and Stock Market Decline - 2002-09-25
The IMF has revised its economic growth forecast downwards due to rising oil prices, falling stock values, and public distrust stemming from corporate scandals. This…
Negative Impact of High Oil Prices on the Global Economy - 2002-09-19
OPEC oil ministers have decided to keep oil production unchanged despite international calls for an increase. This decision was made during a meeting in Osaka,…
Oil Production to Remain at Current Levels
Global oil producers, including OPEC members, have decided to keep oil production at current levels amidst rising prices and increasing demand due to winter in…
Decrease in Oil Prices - 2002-09-17
Oil prices fell significantly after Iraq agreed to allow UN weapons inspectors back into the country, alleviating fears of supply disruptions. This development is crucial…
Interview with Siamak Shojaei on the Detrimental Effects of Terrorist Acts on the Economy - 2002-09-06
Dr. Siamak Shojaei discusses the ongoing global economic recession and its expected continuation into the next year, attributing it to political developments and regional conflicts,…