
Similar Posts

Iran’s Steel Production Soars 8%, Reaching 31 Million Tons in 2024: WSA Report
In 2024, Iran’s steel production reached 31 million metric tons, despite facing challenges like energy supply issues. Globally, steel production declined by 9% to 1.839 billion metric tons, with China contributing 1.005 billion metric tons. Iran’s December output fell 8.2% year-on-year to 2.6 million metric tons due to power cuts. However, Iran ranked 7th globally in November 2024, producing 3.1 million metric tons, a slight increase from the previous year. Turkey surpassed Iran with a 9.4% production rise. Addressing energy concerns could enhance Iran’s standing among top steel producers in the future.

Trump Warns: Looming Recession Threatens U.S. Economy Soon!
Amid rising recession concerns, President Trump remains optimistic about the U.S. economy’s future, asserting it is in a transitional phase and will thrive. However, former Treasury Secretary Janet Yellen warns that Trump’s tariffs, particularly on Chinese imports, could precipitate a recession by increasing consumer prices, disrupting supply chains, and leading to job losses in critical sectors. The tariffs, which reached 145% on Chinese goods, have strained international trade relations and raised questions about long-term sustainability. As economic indicators fluctuate, the impact of these trade policies will be closely monitored, with uncertainty lingering over the nation’s economic trajectory.

Iran Sees 40% Surge in Pistachio Exports in H2 2024, Reports Official
Iran has regained its status as a leading exporter of high-quality pistachios, driven by increased domestic production and a decline in U.S. exports. Jalil Karbakhsh-Ravari, an industry expert, notes that the gap left by American products has heightened global demand, particularly from emerging markets like China, India, and the UAE. In the last month of the previous Iranian calendar year, Iran exported 16,000 tons of pistachios, reflecting strong international interest. By enhancing production practices and marketing strategies, Iran aims to solidify its position in the global market, marking a promising future for its pistachio industry.

Bitcoin Dips Below $80,000 for the First Time Since November 10: What This Means for Investors
Bitcoin has experienced notable price fluctuations recently, dropping 6.08% to $75,555 before rebounding to $80,786, reflecting a 4.63% decline from its previous high. This volatility is characteristic of the cryptocurrency market, influenced by factors such as market demand, regulatory news, and global economic conditions. Bitcoin operates on a decentralized blockchain network, allowing peer-to-peer transactions without central authority, where miners validate transactions and earn Bitcoin. As investors consider Bitcoin, its potential for long-term growth and the inherent risks of market volatility remain critical points of discussion in the evolving financial landscape.

Iranian Ports Set to Boost Maritime Travel During Nowruz Celebrations
The PMO has released a report to ensure safe and enjoyable maritime travel during Nowruz 2025, as demand rises. Key initiatives include expanding the passenger fleet with two new vessels in Bandar Abbas, safety inspections, emergency response teams at major ports, and improved workforce conditions. A round-trip ticketing system aims to reduce congestion, while Chabahar Port prepares extensive services. Coordination meetings in Astara and Gilan emphasized strict safety inspections and public awareness campaigns. Ports in Western Hormozgan and Bushehr are fully prepared with operational plans and safety measures, ensuring a secure maritime experience for travelers during the holiday season.