Posts tagged : "Economics"

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How Iran’s economy will look after ‘Implementation Day’

How Iran’s economy will look after ‘Implementation Day’

Kourosh Ziabari - Middle East Eye: Iran has complied with all of its technical commitments under the comprehensive deal it struck with the six world powers in July 2015 to curb certain aspects of its nuclear programme in return for sanctions relief. As a result as much as $100 billion will pour into its scrambled economy and pave the way for more to come. It has shipped out 11,000 kilograms of its enriched uranium to Russia, reduced the number of its spinning centrifuges to reach the permitted limit of 6,105 active units, and dismantled the core of the heavy water reactor in the city of Arak and filled it with cement. Now, with the verification of the International Atomic Energy Agency (IAEA) director general Yukiya Amano and...

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India-Iran: Bracing for a fundamental renewal of relations

India-Iran: Bracing for a fundamental renewal of relations

Kourosh Ziabari - Gateway House: As Iran and the six world powers gear up for the implementation of the historic agreement over the Tehran’s nuclear program concluded earlier on 14 July, Indian leaders and businesspeople share an equal, authentic concern: how to win the lion’s share of Iran’s lucrative market of 80 million consumers, surpass the avaricious international competitors eyeing the country’s energy industry and forge closer ties with a nation that is expected to emerge strong from more than a decade of paralyzing economic sanctions. Iran and India have historic, cordial and untroubled relations, despite some hiccups during the U.S. and European Union economic sanctions of the past 12 years. The bilateral is now...

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The IPC Terms Demonstrate a Big Improvement on Iran’s Old Oil Contract Model

The IPC Terms Demonstrate a Big Improvement on Iran’s Old Oil Contract Model

Kourosh Ziabari - Iran Review: Iran’s Ministry of Petroleum has recently introduced a new set of contracts for its upstream projects to draw international investment and rehabilitate the country’s injured oil and gas industry. The removal of sanctions placed on Iran over its nuclear program is imminent, and with the implementation of the comprehensive nuclear deal concluded in July 2015, international firms will be once more allowed to invest in Iran’s profitable energy projects. Oil and gas experts believe the new formula for the energy contracts, known as Iran Petroleum Contract (IPC), boasts many enticing provisions and persuasive advantages, including the exclusion of “buyback system” that had been in place for about...

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How My Society Experienced Near Economic Death as a Result of “Business Deprivation”?

How My Society Experienced Near Economic Death as a Result of “Business Deprivation”?

When asked to expound their viewpoints on the interrelationship between “business” and “society”, people would normally speak of the innumerable benefits business introduces to each society and the horizons that emerge before the citizens through the initiation of dynamic and profitable business opportunities. Undeniably, business is a harbinger of prosperity and progress. Business opportunities in agriculture, real estate, retailing and distribution, transportation, production and manufacturing, finance and other sectors give the people the chance to uplift their lives and the impetus to thrive intellectually and financially. All of us would be excited to hear the announcement that an eminent, accomplished energy firm...

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Economic Development is Crucial for Kosovo: Samuel Zbogar

Economic Development is Crucial for Kosovo: Samuel Zbogar

Kourosh Ziabari - Fair Observer: On February 17, 2008, Kosovo declared independence. The International Court of Justice subsequently stated that the declaration did not violate international law. Since then, the newborn nation, yearning for a prosperous economy and constructive international ties, has undergone ups and downs and received diplomatic recognition from 110 countries. Eight nations, including the United States, Britain and France, recognized Kosovo one day after its declaration of independence. However, aside from the question of recognition, Kosovo faces other issues as well. It wants to join the European Union (EU), forge stronger ties with NATO, improve its economic indicators, make progress on its human rights...

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Interview with the former President of Poland Aleksander Kwasniewski

Interview with the former President of Poland Aleksander Kwasniewski

Kourosh Ziabari - Fair Observer: Aleksander Kwasniewski is a respected name in Polish politics. He served as the president of Poland from 1995 to 2005. He is known for negotiating the accession of Poland to the European Union (EU) and NATO. Kwasniewski was a critic of the Iraq War in 2003. However, he now says the early withdrawal of US troops from the country was not the correct decision, and that Iraq is a model example of “unfinished business,” in terms of ill-prepared stabilization plans. The veteran politician says the United States is Poland’s “strongest and the most reliable ally.” He also believes that US plans for installing a missile defense shield in Poland is a necessity, given the unstable and turbulent...

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Estonia is One of the Most Advanced E-Societies in the World: Keit Pentus-Rosimannus

Estonia is One of the Most Advanced E-Societies in the World: Keit Pentus-Rosimannus

Kourosh Ziabari - Fair Observer: The standoff between the European Union (EU) and Russia over eastern Ukraine has not left Estonia unaffected. Sharing a 294-kilometer border with Russia, Estonia has felt threatened since Moscow increased its military presence in the region. The country is now looking for US and NATO backing to preclude the menace of a possible Russian aggression. Estonia’s airspace was violated by a Russian jet in December 2014, a charge that Russian officials vehemently denied. US President Barack Obama pledged in a speech in Tallinn that Estonia, Lithuania and Latvia will not lose their independence again. Pioneering a globally-reputed program of e-government and e-citizenship, Estonia is a dynamic and...

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EU will assist Latin America on the path of progress: Benita Ferrero-Waldner

EU will assist Latin America on the path of progress: Benita Ferrero-Waldner

Kourosh Ziabari - Fair Observer: Trade ties and political exchanges between the European Union (EU) and Latin America are growing. The EU is the second biggest trade partner for Latin America and the Caribbean (LAC), and some 2.2 million Latin Americans live in Europe. According to recent data, the EU is the largest foreign investor in the continent. There are a large number of prominent European politicians and diplomats who have dedicated their careers to boosting economic and political relations between the EU and the Latin America. One of these politicians is Benita Ferrero-Waldner. She had served five years as the European Commissioner for External Relations and European Neighborhood Policy and was the head of protocol to...

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Finland’s economy in the middle of a lost decade: Jutta Urpilainen

Finland’s economy in the middle of a lost decade: Jutta Urpilainen

Kourosh Ziabari - Fair Observer: Located in the Fennoscandian region of northern Europe, Finland shines as one of the most successful democracies in the world, coming first in the 2014 World Press Freedom Index by Reporters Without Borders. The Nordic country has very good economic indicators and was classified by The Heritage Foundation as the world’s 16th country in terms of economic freedom. Despite being affected by the global economic crisis, Finland has a flourishing economy with a nominal gross domestic product (GDP) of $267 billion. Finland is a country in which you rarely experience such phenomena as inflation or overpricing. Transparency and government accountability are the major characteristics of the nation’s...

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Sanctions throttle trade and human economic betterment

Sanctions throttle trade and human economic betterment

  Kourosh Ziabari - Tehran Times: Prof. Vernon L. Smith believes that economic sanctions cannot contribute to furthering the objectives of the mankind and simply throttle trade and human economic betterment. According to the prominent American economist, dynamic and massive trade with other countries is an advantage, but inevitably leads to indebtedness and entails its own difficulties. “Trade increases specialization and growth in income, most dramatically in countries with lower wages and material costs; their exports rise faster than their imports; their surplus foreign currency earnings are invested in these foreign countries. Chinese dollars earned from net exports are returned to the U.S. as capital inflows, used to...

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Interview: Edmund Phelps, 2006 Nobel Prize laureate in economics

Interview: Edmund Phelps, 2006 Nobel Prize laureate in economics

Kourosh Ziabari- Tehran Times: The United States’ economy is experiencing ups and downs these days, especially following the eruption of the widespread economic crisis that began to take in the West since early 2010. The United States was once a thriving and robust economy; however, the American people are currently experiencing such questions as poverty, unemployment and other economic difficulties. Prominent economist and the 2006 Nobel Prize laureate in economics Edmund Phelps believes that the economic disadvantage in the United States is far more extreme than it is in countries such as Switzerland or Uruguay. “I know there is a sense that the new technologies are not raising the value of labor in the production process,...

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