Press TV

Iran, world’s fourth largest producer of kiwifruit

Iran has become the fourth producer of kiwifruit in the world as exports hit a record high of over $80 million a year.

Agriculture and Environment

Central Bank of Iran ready for liquidity injection to shore up economy

The Central Bank of Iran (CBI) says it is ready for massive liquidity injections into the banking system as part of efforts to help government shore up the economy.

Macro Economy

Iran Air suspends flights to Germany over coronavirus

Iran’s national flag carrier, Iran Air, has suspended all flights to German cities of Frankfurt, Hamburg and Koln as authorities are struggling to curb surging cases of a new coronavirus pandemic.

Transportation

Iran urges more Saudi action on locust plague

Iranian authorities say Saudi Arabia should do more to help fight a locust plague that could threat crops and food security in the Middle East and North Africa region.

Agriculture and Environment

Coronavirus grounds 90 percent of Iranian flights

Iranian airlines have cancelled nearly 90 percent of their flights planned for a holiday season after the novel coronavirus pandemic caused many travelers to stay at home.

Transportation

Iran gov’t raises buying price for wheat to support farmers

Iran has lifted for a second time in a year the price at which it buys locally produced new-season wheat as the government plans to purchase nearly 70 percent of the crop produced inside the country.

Agriculture and Environment

Iranian private firm starts supplying coronavirus test kits

An Iranian private pharmaceutical company has started supplying coronavirus test kits that provide results in 2 hours.

Society Economy

Iran over 80% self-sufficient in food production: Minister

Iran’s caretaker agriculture minister says self-sufficiency in food production is no longer a cherished dream for Iran as the country currently relies on home-grown products for more than 80 percent of its agrifood needs.

Agriculture and Environment

Iran not invited to IMF meeting on coronavirus pandemic

Iran has been sidelined from an initiative by the World Bank and the International Monetary Fund (IMF) to coordinate efforts in the Middle East and North Africa (MENA) region to fight the coronavirus pandemic.

Macro Economy

’Iran only country that cannot buy medical items due to US bans’

Tehran’s ambassador to Madrid says Iran is the only country in the world that cannot buy medicine and medical equipment from the global market because of America’s “cruel and inhumane” sanctions, which are hindering the country’s fight against a coronavirus outbreak.

Society Economy