Outbreak
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Contractors Entitled to Force Majeure Clause Over COVID-19
EghtesadOnline: The delay or non-performance of contractors in fulfilling their obligations due to the outbreak of coronavirus is acceptable and expenses resulting from delays, workers’ wages…
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60% Decline in Red Meat Consumption Over Coronavirus
EghtesadOnline: The consumption of red meat has seen a 60% decline following the outbreak of the new coronavirus and shutdown of restaurants and ceremony halls, among others, says the head of…
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Iranian Economist Explores Strategies to Limit Coronavirus Damage
EghtesadOnline: Rescue packages introduced in the US and European countries following the coronavirus outbreak are designed to make compliance with social-distancing order possible for people…
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Sticking to Sanctions During Pandemic ‘Treachery’ Against Humanity
EghtesadOnline: Iran's Permanent Mission to the United Nations in New York has released a message to member countries, describing how the continued application of sanctions during the new coronavirus…
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Chicken Consumption Halved
EghtesadOnline: There has been a 50% decline in chicken consumption in Iran following the outbreak of the new coronavirus in the country, says the head of Tehran’s Union of Chicken and Fish Sellers.
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Dramatic Decline in Overflights
EghtesadOnline: Following the outbreak of the novel coronavirus, overflights have reduced to an average of 110 per day, an official with Iran Airports Company said.
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Iranian Energy Firms Join Campaign Against COVID-19 Outbreak
EghtesadOnline: Oil and gas companies including the National Iranian South Oil Company, a subsidiary of the National Iranian Oil Company, are doing their fair share in helping degrade and defeat…
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Survey: Majority Approve of Business Closures to Stop Coronavirus in Iran
EghtesadOnline: More than 80% of public and private sector employees and 68% of the self-employed and employers approve of the shutdown of businesses to fight the outbreak of coronavirus.
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Border Crossing Opens to Imports From Turkey
EghtesadOnline: Sari Su border crossing connecting Iran’s West Azarbaijan Province to Turkey will be used as a new route for trade between the two countries as of Friday, after Bazargan border…
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Smart Distancing Initiative Launched
EghtesadOnline: Iran gave the go-ahead to low-risk businesses in the country, excluding Tehran, to resume activities as per the Smart Distancing Initiative to tackle the COVID-19 outbreak while…
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COVID-19 to Adversely Impact 15 Percent of Iranian GDP
EghtesadOnline: Estimates show 15% of Iran’s economy will be affected by the coronavirus outbreak, says Economy Minister Farhad Dejpasand.
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Online Spring Fairs to Run Until April 19
EghtesadOnline: Online spring fairs will continue to operate until the end of the first Iranian month on April 19 to provide essential goods amid the outbreak of the new coronavirus, said deputy…
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Iran Allocates $305m to Support Those Who Have Lost Jobs Amid Coronavirus Outbreak
EghtesadOnline: The government will allocate 50,000 billion rials ($305 million) to Unemployment Insurance Fund to support those who have lost their jobs amid the outbreak of coronavirus, an…
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Poll: Income of 70% of Tehran Residents Declines Due to COVID-19
EghtesadOnline: The coronavirus outbreak has reduced the income of 70% of households living in the capital city, an opinion poll jointly conducted by the Social and Cultural Studies Department…
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Ethanol Import Ban Lifted Amid COVID-19 Outbreak
EghtesadOnline: The ban on ethanol imports has been lifted, according to the director general of the Ministry of Industries, Mining and Trade's Import and Export Bureau.
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WHO Sends Medics, Supplies as COVID-19 Flares Up in Iran
EghtesadOnline: The World Health Organization dispatched a medical team to Iran for the first time since the outbreak of coronavirus in the country, as the number of confirmed cases surpassed…
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Viral Outbreak Impacts Trade With Neighbors
EghtesadOnline: Iran’s trade with neighboring countries has been affected by the recent coronavirus outbreak.
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Alcohol Export Banned
EghtesadOnline: The export of alcohol has been banned to ensure there will be no shortage in the domestic market amid the outbreak of the new coronavirus.
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COVID-19 Outbreak Worsens Iran’s Business Conditions
EghtesadOnline: The recent outbreak of coronavirus (COVID-19) has taken a heavy toll on a wide range of Iranian businesses.
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US Should Ease Medical Trade to Show Sincerity
EghtesadOnline: The United States needs to remove restrictions on the trade of medical products if it is truthful about its offer of helping contain the new coronavirus outbreak in Iran, President…
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More Int’l Medical Aid Arrives in Iran
EghtesadOnline: A team of Chinese medical experts arrived in Tehran early Saturday with a new package of humanitarian aid to assist Iran in fighting the coronavirus outbreak.
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Qatar to Stand by Iran During COVID-19 Epidemic
EghtesadOnline: Qatar's emir said the Persian Gulf Arab state will not hesitate to assist Tehran in combating the coronavirus outbreak and they will support Iranian people and its government…
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Oil Prices Steady as Coronavirus-Related Demand Concerns Weigh
EghtesadOnline: Oil prices changed little Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China were offset by expectations that output…
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Xi Vows to Support Chinese Economy
EghtesadOnline: Chinese President Xi Jinping said on Monday that the government would prevent large-scale layoffs resulting from the coronavirus outbreak, Chinese state television reported, as…
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Risk of Avian Flu Outbreak Looms Amid Raining Season
EghtesadOnline: Abundant rainfall in Iran this year has increased the risk of the deadly avian flu outbreak in chicken farms, says the head of Iran Veterinary Organization, Alireza Rafieipour.