US Economy Expands 3% in Q2

US Economy Expands 3% in Q2

TEHRAN (ANA)- The world's largest economy, the US, expanded by 3% in the second quarter of 2024, according to the Bureau of Economic Analysis' third reading.
Int'l Tourism in Peru Up 39.2 Percent in Jan.-Aug.

Int'l Tourism in Peru Up 39.2 Percent in Jan.-Aug.

TEHRAN (ANA)- International tourism in Peru grew by 39.2 percent in the first eight months of 2024, with 2,178,302 foreign arrivals, the Ministry of Foreign Trade and Tourism (Mincetur) said.
Brazilian Market Raises Benchmark Interest Rate Forecast to 11.25 Percent

Brazilian Market Raises Benchmark Interest Rate Forecast to 11.25 Percent

TEHRAN (ANA)- Brazil's financial market raised the benchmark interest rate forecast for the end of the year from 10.50 to 11.25 percent and from 10 to 10.25 percent for 2025, the Central Bank of Brazil said.
Venezuela's Top Diplomat Calls for New Int'l Financial Architecture

Venezuela's Top Diplomat Calls for New Int'l Financial Architecture

TEHRAN (ANA)- Venezuelan Foreign Minister Yvan Gil called for an overhaul of the international financial architecture in an address to the UN Summit of the Future, local media reported.
U.S. Solar Industry Declines despite Financial Spurs

U.S. Solar Industry Declines despite Financial Spurs

TEHRAN (ANA)- The U.S. solar industry is grappling with a sharp downturn and a wave of business closures, despite the government's attempt to bolster domestic solar supply chains through financial incentives and other measures.
Soaring Costs Push U.S. Homes Out of Reach for Most Buyers

Soaring Costs Push U.S. Homes Out of Reach for Most Buyers

TEHRAN (ANA)- With the gap between income levels and housing costs continually widening, the U.S. housing market has become increasingly unaffordable for homebuyers across all income levels, a trend experts say has accelerated since the pandemic.
Mercosur Foreign Ministers Mull Trade Bloc's Status, Commitment

Mercosur Foreign Ministers Mull Trade Bloc's Status, Commitment

TEHRAN (ANA)- Foreign ministers of member countries of the Southern Common Market (Mercosur) met in the Uruguayan capital to discuss the trade bloc's status and commitment "in the current international juncture," Uruguayan foreign minister said in a statement.
Brazilian Market Raises Benchmark Interest Rate Forecast to 11.25 Percent

Brazilian Market Raises Benchmark Interest Rate Forecast to 11.25 Percent

TEHRAN (ANA)- Brazil's financial market raised the benchmark interest rate forecast for the end of the year from 10.50 to 11.25 percent and from 10 to 10.25 percent for 2025, the Central Bank of Brazil said.
Canada's Unemployment Rate Increases to 6.6 Percent in August  

Canada's Unemployment Rate Increases to 6.6 Percent in August  

TEHRAN (ANA)- Canada's unemployment rate rose 0.2 percentage points to 6.6 percent in August, after holding steady in July, Statistics Canada said.
U.S. Export Control Measures on National Security Grounds Draw Pushback

U.S. Export Control Measures on National Security Grounds Draw Pushback

TEHRAN (ANA)- U.S. export control measures in semiconductor and quantum sectors on the grounds of national security have drawn pushback from industry insiders and observers.
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