1,506
squad up!
 

Oct 10 - Donald Trump's sanctions have forced Iran's economy into a recession, IMF report


view the rest of most viewed
 
2
most viewed right now
  32
41 comments
@hiphop
3
most viewed right now
  29
31 comments
@thotties


section   (0 bx goons and 1 bystanders) Share this on Twitter   Share this on Facebook
 

 2 weeks ago '05        #1
879 page views
31 comments


phantomnation 2804 heat pts2804
space
avatar space
space
$10,065 | Props total: 40190 40190
Oct 10 - Donald Trump's sanctions have forced Iran's economy into a recession, IMF report
 

 

Iran’s economy was previously expected to grow this year, but due to new U.S. sanctions it has now entered recession, a report from International Monetary Fund (IMF) has estimated.

The IMF World Economic Outlook report, which was released on Monday, predicts that Iran’s economy will contract by 1.5 percent in 2018, with the trend continuing and increasing in 2019, shrinking by 3.5 percent, Radio Free Europe reported. In May, before President Donald Trump moved forward with sanctions against the Islamic Republic, the financial organization predicted 4 percent growth for this year and next.

“Reduced oil production” was blamed as the main driving factor behind the downturn, according to the study, Oil Price reported. But the IMF also expects the recession to only last through 2019, after which the economy should return to “modest positive growth” from 2020 to 2023.

Trump withdrew the U.S. from the 2015 Joint Comprehensive Plan of Action (known commonly as the Iran nuclear deal) in May, after consistently criticizing the international pact for years. In August, Washington moved to officially reimplement the first round of sanctions against Iran, also threatening to target anyone continuing to do business with the Middle Eastern nation.

Further sanctions targeting the country’s oil sector will go into effect next month. Since the summer, Trump has been pushing allies and trading partners to cut imports of Iranian oil, while also urging OPEC members to fill the gap.

Meanwhile, Iranian crude exports have plunged by more than 500,000 barrels per day, after reaching a peak of about 2.5 million when sanctions were lifted in 2016. In November, Iranian production is expected to dip even further with expanded sanctions.

The IMF voiced concern about the global oil market in its new report. “Uncertainty remains substantial around the baseline a.ssumptions for oil prices because Saudi Arabia’s spare capacity is shrinking and U.S. sanctions against Iran will both weigh on Iran’s oil production prospects in the medium term and reduce Iran’s crude exports in the short term, requiring others with spare production capacity to step in,” the report explained.

Saudi Arabia and Russia have ramped up production as oil prices rose to the highest they’ve been in four years. Tehran has warned that Moscow and Riyadh’s increase won’t be enough to make up for the deficit of removing Iranian oil from the international market.

Analysts have suggested that oil prices will continue to increase before lowering.

“Prices will probably rise further into overshoot territory. Once we see $90, I would expect decisive supply reaction,” Commerzbank strategist Carsten Fritsch told Reuters last week. “Major economies won’t let oil prices rise to triple digits and harm economic growth.”
+4   

31 comments for "Oct 10 - Donald Trump's sanctions have forced Iran's economy into a recession, IMF report"

 2 weeks ago '18        #2
Binary 42 heat pts42
space
space
space
$1,411 | Props total: 2193 2193
Don’t fu*k with the U.S

-10   

 2 weeks ago '18        #3
Deeznutz1981 1 heat pts
space
space
space
$1,033 | Props total: 873 873
Trump stay winning

Obama would have bowed out months ago!
+1   

 2 weeks ago '12        #4
Di Warlord 8 heat pts
space
avatar space
space
$12,307 | Props total: 14531 14531
I know Iran’s got some thick Persian ones out there

Wonder if they got a recession special
+14   

 2 weeks ago '07        #5
MELODY 121 heat pts121
space
avatar space
space
$12,934 | Props total: 6134 6134
 Di Warlord said
I know Iran’s got some thick Persian ones out there

Wonder if they got a recession special
+1   

 2 weeks ago '04        #6
UF4Soldier 132 heat pts132
space
avatar space
space
$20,472 | Props total: 10705 10705
Our stocks ain't looking too good today either.
+1   

 2 weeks ago '07        #7
MELODY 121 heat pts121
space
avatar space
space
$12,934 | Props total: 6134 6134

[pic - click to view]




+6   

 2 weeks ago '07        #8
MELODY 121 heat pts121
space
avatar space
space
$12,934 | Props total: 6134 6134
 UF4Soldier said
Our stocks ain't looking too good today either.
That's all tech because of their censorship.


-3   

 2 weeks ago '16        #9
North Face 40 heat pts40
space
avatar space
space
$11,720 | Props total: 23290 23290
America first!

We stay the strongest. Proud!!
-6   

 2 weeks ago '12        #10
Pleasure Boy 1297 heat pts1297
space
avatar space
space
$10,631 | Props total: 9197 9197
Remember this retards... Every action has a reaction... US will have to kiss a lot of a.ss after Trump is gone... The damage this orange idiot is doing will take years to undo
+10   

 2 weeks ago '04        #11
two-face 85 heat pts85
space
avatar space
space
$44,101 | Props total: 45927 45927
 Pleasure Boy said
Remember this retards... Every action has a reaction... US will have to kiss a lot of a.ss after Trump is gone... The damage this orange idiot is doing will take years to undo
U cant name 1 thing hes done as damage u idiot
-4   

 2 weeks ago '16        #12
OWPE 73 heat pts73
space
avatar space
space
$5,204 | Props total: 12995 12995
Boxden told me Iran was still dealing with Europe and everybody else’ and their economy was fine.

 2 weeks ago '18        #13
Binary 42 heat pts42
space
space
space
$1,411 | Props total: 2193 2193
 UF4Soldier said
Our stocks ain't looking too good today either.
My portfolio is up 14.2 % ytd
-5   

 2 weeks ago '07        #14
MELODY 121 heat pts121
space
avatar space
space
$12,934 | Props total: 6134 6134
 Pleasure Boy said
Remember this retards... Every action has a reaction... US will have to kiss a lot of a.ss after Trump is gone... The damage this orange idiot is doing will take years to undo
Iran's people been protesting ever since their government took the Billions given by Obama and didn't stimulate their economy. Pocketed the money and sponsored terrorism.





[pic - click to view]





[pic - click to view]

+1   

 2 weeks ago '09        #15
ShadyVsEminem 252 heat pts252
space
avatar space
space
$22,811 | Props total: 8586 8586
 Deeznutz1981 said
Trump stay winning
Whats prize do you get for intentionally starving a country? Trumps best person that piece of sh*t John Bolton threatened to sanction European allies if they didnt turn on Iran a few months ago. The swamp have been planning this for years and Iran are on their list of 7 countries they want to destroy so now they are backing them into a corner hoping for a response to line the pockets of the military industrial complex
+4   

 2 weeks ago '09        #16
kingkeno 1 heat pts
space
avatar space
space
$521 | Props total: 491 491
 Pleasure Boy said
Remember this retards... Every action has a reaction... US will have to kiss a lot of a.ss after Trump is gone... The damage this orange idiot is doing will take years to undo
I doubt anyone cares about the mullahs in Iran. Even their own people want to overthrown them.

 2 weeks ago '18        #17
Deeznutz1981 1 heat pts
space
space
space
$1,033 | Props total: 873 873
 ShadyVsEminem said
Whats prize do you get for intentionally starving a country? Trumps best person that piece of sh*t John Bolton threatened to sanction European allies if they didnt turn on Iran a few months ago. The swamp have been planning this for years and Iran are on their list of 7 countries they want to destroy so now they are backing them into a corner hoping for a response to line the pockets of the military industrial complex
shut up snowflake
-1   

 2 weeks ago '09        #18
ShadyVsEminem 252 heat pts252
space
avatar space
space
$22,811 | Props total: 8586 8586
 Deeznutz1981 said
shut up snowflake
I guess when your on the swamps side as an example 500,000 dead children is nothing

[video - click to view]

+1   

 2 weeks ago '07        #19
MELODY 121 heat pts121
space
avatar space
space
$12,934 | Props total: 6134 6134
 ShadyVsEminem said
Whats prize do you get for intentionally starving a country? Trumps best person that piece of sh*t John Bolton threatened to sanction European allies if they didnt turn on Iran a few months ago. The swamp have been planning this for years and Iran are on their list of 7 countries they want to destroy so now they are backing them into a corner hoping for a response to line the pockets of the military industrial complex
It's not America's job to sustain other countries. Especially if they're sponsoring terrorism around the world and chanting "death to America". Its the job of their elected officials. fu*k Iran and anyone who wants it with the US.


America First


+1   

 2 weeks ago '09        #20
ShadyVsEminem 252 heat pts252
space
avatar space
space
$22,811 | Props total: 8586 8586
 MELODY said
It's not America's job to sustain other countries. Especially if they're sponsoring terrorism around the world and chanting "death to America". Its the job of their elected officials. fu*k Iran and anyone who wants it with the US.


America First


Iran are not looking for handouts like that rogue nation Israel, America is trying to block Irans main source of income though
+4   

 2 weeks ago '18        #21
ChrisPartlowFro 4 heat pts
space
avatar space
space
$1,001 | Props total: 2493 2493
 MELODY said
That's all tech because of their censorship.


No it isn’t.

 2 weeks ago '18        #22
ChrisPartlowFro 4 heat pts
space
avatar space
space
$1,001 | Props total: 2493 2493
 Binary said
My portfolio is up 14.2 % ytd
fu*k does that have to do with the markets as a whole? Nothing. They dropped crazy yesterday, that’s a fact, your portfolio be damned. It’s also a fact that it’s correlated to the raising of rates, thus money is no longer free hence the market is afraid you’ll see outflows of excess capital because, money is no longer free and it needs to be optimized.

Absolutely nothing to do with Trump or Obama.


You guys k!ll me talking about the markets like economic policy dictates performance. It’s not a linear relationship like that and the more you post sh*t like that, the more people who actually know the markets (and might agree with you about somethings) know you don’t know what you’re talking about.

Stop weaponizing info you really don’t understand.

 2 weeks ago '12        #23
Boo The Fool 13 heat pts13
space
avatar space
space
$16,701 | Props total: 6608 6608
 Binary said
My portfolio is up 14.2 % ytd
Slapped, every stock is in free fall mode right now
-2   

 2 weeks ago '10        #24
DATKIDD121 31 heat pts31
space
avatar space
space
$7,749 | Props total: 7146 7146
 Boo The Fool said
Slapped, every stock is in free fall mode right now
Slapped for being a hater

 2 weeks ago '04        #25
Kliq 202 heat pts202
space
avatar space
space
$8,572 | Props total: 27795 27795
 ChrisPartlowFro said
fu*k does that have to do with the markets as a whole? Nothing. They dropped crazy yesterday, that’s a fact, your portfolio be damned. It’s also a fact that it’s correlated to the raising of rates, thus money is no longer free hence the market is afraid you’ll see outflows of excess capital because, money is no longer free and it needs to be optimized.

Absolutely nothing to do with Trump or Obama.


You guys k!ll me talking about the markets like economic policy dictates performance. It’s not a linear relationship like that and the more you post sh*t like that, the more people who actually know the markets (and might agree with you about somethings) know you don’t know what you’re talking about.

Stop weaponizing info you really don’t understand.

Home      
  
 


most viewed right now
 58
FBG Wooski shot in head at friends funeral
187 comments
10 hours ago
@hiphop
most viewed right now
 32
Image(s) inside New MJ Smileys on deck once again
41 comments
4 hours ago
@hiphop
most viewed right now
 29
Image(s) inside Those T1tties Are DEFINITELY REAL...
31 comments
9 hours ago
@thotsdimesetc
most viewed right now
 25
Article inside Sarah Silverman Says Louis C.K. M**turbated in Front of Her: ‘F— yeah..
100 comments
7 hours ago
@movies
most viewed right now
 22
Phuck!
21 comments
6 hours ago
@thotsdimesetc
most viewed right now
 22
NBA DERRICK ROSE with CROSSOVER of the YEAR so far :mjomfg:
27 comments
6 hours ago
@sports
most viewed right now
 17
Image(s) inside Girl Got The Lower Body Of A Preteen Quarter Horse
32 comments
10 hours ago
@thotsdimesetc
most viewed right now
 15
Image(s) inside Oct 22 - NYPD sergeant being investigated for shoving underwear down c..
115 comments
10 hours ago
@news
most viewed right now
 15
NBA Damian Lillard arrives at tonight’s game dressed as Stone Cold Steve Austin
63 comments
7 hours ago
@sports
most viewed right now
 14
NFL Shannon Sharpe out here showing his true colors, Skip with the people though
23 comments
13 hours ago
@sports
most viewed right now
 13
Image(s) inside Oct 22 - (He just came out) ‘I’m a nationalist!’: Trump makes stunning..
33 comments
7 hours ago
@news
most viewed right now
 12
NBA Anyone else think Bron could be losing these games on purpose?
28 comments
3 hours ago
@sports
most viewed right now
 11
NBA San Antonio Spurs vs Los Angeles Lakers
1039 comments
6 hours ago
@sports
most viewed right now
 9
Video inside Drake beautiful baby mom vibin to that drake
118 comments
11 hours ago
@hiphop
most viewed right now
 9
Video inside First Red Dead gameplay leak
24 comments
7 hours ago
@games
most viewed right now
 8
Video inside j prince on birdmans ass for money owed to his son
86 comments
10 hours ago
@hiphop
most viewed right now
 8
Image(s) inside Thick ol’ Filipina girl
33 comments
10 hours ago
@thotsdimesetc
most viewed right now
 7
legendary 3mb goon drew mcintyre throws down the gauntlet
426 comments
9 hours ago
@misc
most viewed right now
 7
Video inside LIL WAYNE PAYS a STUDENTS ENTIRE UNIVERSITY FEES after SHE MADE HIM a C..
23 comments
9 hours ago
@hiphop
most viewed right now
 6
Image(s) inside Nothing but net
5 comments
6 hours ago
@thotsdimesetc
Top 10 most propped recently
Last few hours...
nwo504
29
ElevateOne
29
DrizzyStan06
24
Static3IVERSON
23
Villuminati
21
OldBusiness
21
2Cold
21
Rule 336
20
justin747
20
mars15
17
Top 10 most slapped recently
Macho Machado
30
HiShinUnit
23
Rule 336
15
danneywilliams
10
Bkjj11
9
suavehooper
7
BlackAdonis
5
BXSPAGHETT
5
YungVino
5
micropave
5
 
 





most viewed right now
online now  16
Video inside after 20 years tchina arnold talks about the drama on martin
126 comments
1 day ago
@movies
most viewed right now
online now  14
Image(s) inside LiAngelo Ball has s3x tape with a tr@nny. #BBB #BallControl
186 comments
1 day ago
@misc
most viewed right now
online now  12
What’s The Worst Lie A Woman Has Ever Told You?
229 comments
2 days ago
@wild'ish
most viewed right now
online now  7
Image(s) inside Nippy Minaj ( Nicki Minaj's N1pples)
62 comments
1 day ago
@thotsdimesetc
most viewed right now
online now  6
Video inside Lawd have mercy jazmynekyng uproarchallenge
58 comments
1 day ago
@thotsdimesetc
most viewed right now
online now  5
Image(s) inside BBW becky
17 comments
1 day ago
@thotsdimesetc
most viewed right now
online now  5
Slow💨💨💨 Slow Strokes
24 comments
1 day ago
@thotsdimesetc
most viewed right now
online now  3
Image(s) inside Ayisha Diaz now has onlyfans page
18 comments
1 day ago
@thotsdimesetc
back to top
register contact Follow BX @ Twitter Follow BX @ Facebook search BX privacy