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According to the Iranian news agency IRNA, the former head of Iran's National Development Fund emphasized the need to strengthen Iran's economic resilience to regional and political tensions. He stated that increasing production, providing targeted s

2026-10-25

According to the Iranian news agency IRNA, the former head of Iran's National Development Fund emphasized the need to strengthen Iran's economic resilience to regional and political tensions. He stated that increasing production, providing targeted support for people's livelihoods, reforming the higher education and skills training system, expanding regional economic cooperation, and utilizing the capital of Iranians abroad are all top priorities that should be placed on the agenda.

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2026-10-25

Iranian Foreign Ministry spokesman Bagaei called on European countries to abide by international law and abandon coercive measures and illegal sanctions against Iran, in order to demonstrate their sincerity in promoting a diplomatic solution.

Iranian Foreign Ministry spokesman Bagaei called on European countries to abide by international law and abandon coercive measures and illegal sanctions against Iran, in order to demonstrate their sincerity in promoting a diplomatic solution.
2026-10-25

Apollo Global Management chief economist Torsten Slok said that despite heavy corporate AI spending, AI has so far produced no measurable returns for US firms outside the tech sector. He noted per-employee revenue is rising at the seven largest tech

Apollo Global Management chief economist Torsten Slok said that despite heavy corporate AI spending, AI has so far produced no measurable returns for US firms outside the tech sector. He noted per-employee revenue is rising at the seven largest tech companies but flat across the other 493 S&P 500 firms, and profit margins show the same divergence, with no evidence AI is boosting productivity. Slok said mainstream US companies are cutting investment and treating AI token-consumption costs as a cost center rather than a growth driver, which is squeezing margins. As US earnings season opens, investors will watch corporate AI spending and whether it delivers promised payback. Last week Meta said it would further ramp AI bets and raise capex plans, prompting market jitters; Meta shares fell and its credit-risk measures hit record highs.
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