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As the stock market continues to plunge, the High Council of Securities and Exchange said banks too can invest in the bourse. This is in line with a variety of measures by the government to revive the share market and boost the morale of retail investors seeing share prices getting ever closer to junk territory. Attended by top economic and banking officials, the bourse council met Thursday to address the […]

INTERNATIONAL COURT OF JUSTICE    Alleged Violations of the 1955 Treaty of Amity, Economic Relations, and Consular Rights (Islamic Republic of Iran v. United States of America) Conclusion of the public hearings on the preliminary objections raised by the United States of America The Court to begin its deliberation THE HAGUE, 21 September 2020.   The public hearings on the preliminary objections raised by the United States of America in the

THE GOVERNMENT PLANS TO CONTINUE SUBSIDIZING ESSENTIAL GOODS IN THE NEXT FISCAL YEAR (MARCH 2021-22) According to Vice President Mohammad Baqer Nobakht, who doubles as the chairman of Iran’s Plan and Budget Organization, the government will channel earnings from oil exports to import essential goods at the subsidized rate of 42,000 rials per US dollar. He made the remarks on the sidelines of a meeting of the so-called Budget Headquarters

ONLINE CONFERENCE FOR DIGITAL BUSINESS NETWORKING 14 TO 16 DEC 2020 Held by International Trade Centre, EU and Trade Promotion Organization of Iran With the support of European House Ambrosetti, and Bourse and Bazaar This is a Europe-Iran Business Forum focusing on economic opportunities in Iran. The future of economic relations between Europe and Iran depends on the credibility of commitment from both sides. The COVID-19 pandemic and the related travel restrictions have made

TEHRAN HAS CALLED UPON ANKARA TO FIND A METHOD FOR IRAN TO TAP INTO ITS ASSETS WITH TURKISH BANKS  IRAN AIMS TO PURCHASE THE COMMODITIES IT NEEDS DIRECTLY FROM OTHER COUNTRIES THROUGH TURKISH BANKS KARIMI LAW FIRM PRESENTS ACCORDING TO IRAN FRONT PAGE NEWS: Iranian Minister of Industry, Mines and Trade Alireza Razmhosseini has demanded in a phone conversation with Turkish Trade Minister Ruhsar Pekcan. “Iran and Turkey are two neighboring, friendly and brotherly

THE GOVERNMENT PLANS TO CONTINUE SUBSIDIZING ESSENTIAL GOODS IN THE NEXT FISCAL YEAR (MARCH 2021-22) TO STRENGTHEN THEIR WORK ON MIGRATION AND ENABLE THEM TO PROVIDE MORE POLICY AND PRACTICAL SUPPORT TO THEIR MEMBERS, THE ILO AND THE IOM HAVE SIGNED AN AGREEMENT ON MIGRATION GOVERNANCE. KARIMI LAW FIRM PRESENTS ACCORDING ILO NEWS: The International Labour Organization (ILO) and the International Organization for Migration (IOM) have signed an Agreement to create a framework for

CHINA INTRODUCES STRICTER CRIMINAL PUNISHMENT FOR INTELLECTUAL PROPERTY INFRINGEMENT KARIMI LAW FIRM PRESENTS ACCORDING TO JURIST: Children as young as 12 years old in China will now be held criminally liable for crimes assumed “abominable,” according to China Daily. The Standing Committee of the National People’s Congress (NPC) on Saturday also introduced punishment for intellectual property violation that could lead to 10 years in prison. The Standing Committee stated an “abominable” crime would occur: “if

JULIAN ASSANGE FACES 18 CHARGES IN THE US FOR THE RELEASE OF SENSITIVE MILITARY DOCUMENTS   KARIMI LAW FIRM REPRESENTS ACCORDING TO DW:   On Monday, a UK judge refused the US request to extradite Julian Assange on espionage charges. District Judge Vanessa Baraitser stated it would be “oppressive” because of his mental health since he was likely to commit suicide if sent to the US. Assange faces 18 charges in the US relating to

KARIMI & ASSOCIATES LAW FIRM REPRESENT ACCORDING TO JURIST LEGAL NEWS AGENCY: Germany’s Federal Cabinet approved Wednesday a draft law that would see a quota introduced for the number of women on the executive boards of Germany’s largest companies. The law would require all stock exchange-listed companies with an executive board of three or more members to have at least one woman on that board. The new requirement would apply to over 70 companies, 31 of

THE TURKISH PARLIAMENT RECENT LEGISLATION AIMED AT CONTROLLING TERROR FUNDING KARIMI LAW FIRM PRESENTS ACCORDING TO REUTERS: The new legislation entitled the “Law on Preventing the Financing of the Spread of Weapons of Mass Destruction,” – drafted by President Tayyip Erdogan’s AK Party, which holds a parliamentary majority – includes controversial amendments to existing law on aid collection. These amendments allow the government and the Interior Minister to block the websites of