Eurasia Press & News

Iranians have grown accustomed to high inflation and rising prices, yet recent macroeconomic trends are unprecedented. Iran’s official inflation rate is reaching new highs. The Statistical Center of Iran (SCI) — the country’s main statistics agency — reported a monthly inflation rate of 12.2% and a point-to-point rate of 52.5% …

Time is running out to prevent what Yemen envoy Tim Lenderking warns will be a “massive oil spill the likes of which the world has not seen.” Off the coast of Yemen lies an aging oil tanker that could rupture at any moment. Experts say it’s not a matter of …

With Syria’s sole remaining route for cross-border aid in peril, a London-based oil company is lobbying for an initiative that would see the proceeds of Syrian oil being used for aid, with the money going to the UN rather than Damascus. Russia vetoed a UN security resolution on Friday that …

The EU partly wants the deal so it can buy oil and gas from the Iranian regime. The EU also appears to want the nuclear deal in order not to lose its other economic relationships and trade with the ruling mullahs of Iran. Despite US sanctions, European countries are still …

Наталья Скорлыгина об остановке сухопутного транзита в ЕС С 10 июля Литва ввела дальнейшие ограничения транзита грузов через свою территорию в Калининград. Теперь в эксклав не смогут попадать российский цемент и алкоголь. И если раньше в качестве ответных мер калининградские власти предлагали лишь ограничить транзит российских грузов через территорию Прибалтики, …

A Saudi opposition party said Sunday that one of its founding members was killed in the Lebanese capital, Beirut. The National Assembly Party, whose members live in exile, said that founding member Manea Al-Yami was slain in “complicated circumstances.” “Upon the news of the assassination, the party has been trying …

Chinese Foreign Minister Wang Yi and U.S. Secretary of State Antony Blinken held “substantive and constructive” talks on Beijing-Washington relations and major international and regional issues of common interest, on the sidelines of the G20 Foreign Ministers’ Meeting in Bali, Indonesia.

The statement called untenable the White House’s claims that the weapons supplied to Kiev are used for defensive purposes, and denounced that they are used to destroying cities in the Donbass region and constantly attack residential areas in the Donetsk and Lugansk People’s Republics.

After weathering numerous storms that would have sunk others, Boris Johnson’s time as prime minister comes to an ignoble end, mired in scandal and having lost the support of nearly all his MPs. The resignation didn’t come out of nowhere – Johnson was already losing support from his party, narrowly …

The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years. It has gained 15% against the British pound, 16% against the euro and 23% against the Japanese yen. The dollar is the world’s reserve currency, …