Oil prices ended New York trading in the negative on Monday for the first time ever, as a supply glut forced traders to pay others to take the commodity. With space to store oil scarce, US benchmark West Texas Intermediate for May delivery ended trading at -$37.63 a barrel …
Read More »Iran FM, Syria president slam US sanctions amid pandemic
Iran’s Foreign Minister Mohammad Javad Zarif met Syrian President Bashar al-Assad in Damascus on Monday to discuss regional developments in light of the novel coronavirus. On his first official meeting with Zarif in a year, Assad expressed condolences to Iran, the regional epicenter of the coronavirus pandemic with 5,209 …
Read More »Nearly 60m Europeans could suffer furloughs, layoffs or wage cuts
Nearly 60 million jobs across the European Union and the United Kingdom are at risk from the coronavirus pandemic, according to McKinsey. The consulting firm warned in a report published on Monday that the EU unemployment rate could soar from around six percent to more than 11 percent and …
Read More »People may know the best decision, and not make it
When faced with a decision, people may know which choice gives them the best chance of success, but still take the other option, a new study suggests. People may choose based on a “gut feeling”, a habit, or what worked for them last time, rather than on what they …
Read More »Milky Way could be catapulting stars into its outer halo: UCI astronomers
Though mighty, the Milky Way and galaxies of similar mass are not without scars chronicling turbulent histories. University of California, Irvine (UCI) astronomers and others have shown that clusters of supernovas can cause the birth of scattered, eccentrically orbiting suns in outer stellar halos, upending commonly held notions of how …
Read More »US economic growth will be worse than EU, China
This pandemic has put the US economy in the ICU unit. It’s worse than the eurozone. Worse than China’s. Nearly all of it was self-inflicted. Barclays Capital updated their global growth forecasts on Friday and the US got hammered most, forbes.com wrote. In a subheading titled ‘US Activity …
Read More »Iran’s rice production surges by 45% to meet domestic demand
Iranian agriculture authorities said that output and cultivation area for rice increased significantly over the last calendar year, ending March 19, to satisfy a growing domestic demand for the staple. A senior official at the Iranian Ministry of Agricultural Jihad (MAJ) said on Saturday that the total harvest of …
Read More »Losses in tourism will be recompensed with travel boom in post-coronavirus days
Iran’s Minister of Cultural Heritage, Tourism and Handicrafts said that all losses imposed on three sectors of Iran’s cultural heritage, tourism and handicrafts will be compensated for with a surge in traveling during post-coronavirus days. Ali-Asghar Mounesan said that although the Persian New Year (started on March 20, 2020) …
Read More »Iranian official confers with Afghan officials
Foreign Ministry’s special assistant for Afghanistan affairs discussed latest political developments with high-ranking Afghan officials during his visit to Kabul, IRNA reported. During separate meetings with President Ashrag Ghani, Afghanistan National Security Adviser Hamdollah Moheb and supervisor of Afghanistan Foreign Ministry Mohammad Hanif Atmar, Mohammad Ebrahim Taherianfard reviewed bilateral …
Read More »Sa’di, perpetual instructor of Persian language
The head of the Sa’di Foundation, on the occasion of the Commemoration Day of the Persian poet, described him as the ever-lasting instructor of the Persian language. In his message, Gholamali Haddad Adel referred to April 21, which is named as the day of Sa’di. Since the time …
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