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Valiollah Seif
Valiollah Seif ( fa, ولی‌الله سیف, born 1 January 1952) is an Iranian banker. He was the governor of the Central Bank of Iran from 2013 until 2018. Early life Seif was born on 1 January 1952 in Nahavnd. He gained his Bsc. and Msc. from Petroleum University of Technology (former N.I.O.C. school of Accounting and Finance) and his Ph.D. from Allameh Tabatabaei University in Accounting. He is currently a professor at the Allameh University. Career He was CEO and chairman of some private banks in Iran, Mellat Bank (1990–1992), Saderat Bank (1992–1995), Sepah Bank (1995–2000), Future Bank of Bahrain (2001–2003) and Karafarin Bank (2010–2013). He was also governor of National Bank of Iran from 2003 to 2007. He was nominated as governor of Central Bank of Iran by the bank's board of directors and was accepted by President Hassan Rouhani. He was officially appointed on 2 September 2013 and quickly hinted that interest rates should rise in order to control infl ...
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Governor Of The Central Bank Of Iran
Governor of the Central Bank of Iran () is the highest administrative authority of the Central Bank of Iran, making decisions concerning all such current affairs of the bank. Presently, the President of Iran, President appoints the governor upon the recommendation of the Ministry of Economic Affairs and Finance (Iran), Minister of Economic Affairs and Finance, who must be verified by the CBI's general assembly. Unlike many countries, the governor of central bank is not mandated to decide on the monetary policy in Iran by himself, but he is head of the body with that responsibility, The Currency and Credit Council, an organ within the central bank but controlled by the government. The governor is assisted by an executive board comprising, in addition to himself as the chairman, the deputy governor, vice-governors, and the secretary-general of the Currency and Credit Council. The law specifies no fixed term for the governor, however the officeholder is appointed for five years. L ...
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Bahrain
Bahrain ( ; ; ar, البحرين, al-Bahrayn, locally ), officially the Kingdom of Bahrain, ' is an island country in Western Asia. It is situated on the Persian Gulf, and comprises a small archipelago made up of 50 natural islands and an additional 33 artificial islands, centered on Bahrain Island which makes up around 83 percent of the country's landmass. Bahrain is situated between Qatar and the northeastern coast of Saudi Arabia, to which it is connected by the King Fahd Causeway. According to the 2020 census, the country's population numbers 1,501,635, of which 712,362 are Bahraini nationals. Bahrain spans some , and is the third-smallest nation in Asia after the Maldives and Singapore. The capital and largest city is Manama. Bahrain is the site of the ancient Dilmun civilization.Oman: The Lost Land
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1952 Births
Year 195 ( CXCV) was a common year starting on Wednesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Scrapula and Clemens (or, less frequently, year 948 ''Ab urbe condita''). The denomination 195 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus has the Roman Senate deify the previous emperor Commodus, in an attempt to gain favor with the family of Marcus Aurelius. * King Vologases V and other eastern princes support the claims of Pescennius Niger. The Roman province of Mesopotamia rises in revolt with Parthian support. Severus marches to Mesopotamia to battle the Parthians. * The Roman province of Syria is divided and the role of Antioch is diminished. The Romans annexed the Syrian cities of Edessa and Nisibis. Severus re-establish his h ...
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Bank Mellat
Bank Mellat ( fa, بانک ملت, ''Bank Milât'', lit. ''People's Bank'') is a private Iranian bank. Its name means "Bank of the Nation". Bank Mellat was established in 1980, with a paid capital of Rials 33.5 billion as a merger of ten pre-revolution private banks, comprising Tehran, Dariush, Pars, Etebarat Taavoni & Tozie, Iran & Arab, Bein-al-melalie-Iran, Omran, Bimeh Iran, Tejarat Khareji Iran and Farhangian. Currently, the bank's capital amounts to Rls 13,100 billion and it is one of the largest commercial banks in the Islamic Republic of Iran, ranking among the top 1000 banks of the world. In 2007 the Iranian government started the process of privatising the bank as part of a policy of selling 80% of state-owned stakes in banking, media, transportation and mining companies. The Bank Mellat London branch was merged with the Bank Tejarat branch to form Persia International Bank PLC. Sanctions and court actions The United States Department of the Treasury has mentioned Ban ...
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Bank Sepah
Bank Sepah ( fa, بانک سپه, ''Bānke Sepah''), the first Iranian bank, was established in 1925 (corresponding to 1304 in the Iranian Calendar). Its first branch, in Tehran, opened that year. The bank also has branches in Frankfurt, Paris and Rome as well as a subsidiary, Bank Sepah International plc, in London. Sepah Bank has recently merged 4 other Iranian banks and 1 Credit Institution named: ''Ansar Bank, Mehr Eghtesad Bank, Hekmat Iranian Bank, Ghavamin Bank and Kosar Credit Institution''. History Bank Sepah was officially founded on May 4, 1925, with its first branch in Sepah st. in Tehran. Initially, an investment of 3,883,950 Iranian Rials was made from the military ranked personnel pension fund and the bank was set to exclusively provide military personnel with financial aids such as loans. With further increase in their domain of services, the headquarters for the bank was moved to a larger building in Homayoon st. Starting on March 15, 1926, with opening of ano ...
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Future Bank
Future Bank B.S.C. () is a commercial bank that was based in Manama, Bahrain. It started as a joint venture by Ahli United Bank and two Iranian state-owned banks, Bank Melli and Bank Saderat. Central Bank of Bahrain closed down the bank in 2016 after Bahrain cut diplomatic ties with Iran. In 2017, Central Bank of the Islamic Republic of Iran licensed the bank to open a branch in Kish Island Kish ( fa, کیش ) is a resort island in Bandar Lengeh County, Hormozgān Province, off the southern coast of Iran in the Persian Gulf. Owing to its free trade zone status, the island is touted as a consumer's paradise, with numerous malls, .... References Banks of Bahrain Bahrain–Iran relations Joint ventures 2004 establishments in Bahrain Banks established in 2004 Foreign banks in Iran Companies based in Manama {{bank-stub ...
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Al Jazeera English
Al Jazeera English (AJE; ar, الجزيرة‎, translit=al-jazīrah, , literally "The Peninsula", referring to the Qatar Peninsula) is an international 24-hour English-language news channel owned by the Al Jazeera Media Network, which is owned by the monarchy government of Qatar. It is the first English-language news channel to be headquartered in the Middle East. Instead of being run centrally, news management rotates between broadcasting centres in Doha and London. History The channel was launched on 15 November 2006, at 12:00 PM GMT. It had aimed to begin broadcasting in June 2006 but had to postpone its launch because its HDTV technology was not yet ready. The channel was due to be called ''Al Jazeera International'', but the name was changed nine months before the launch because one of the channel's backers argued that the original Arabic-language channel already had an international scope. The channel was anticipated to reach around 40 million households, but it far ex ...
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Radio Farda
Radio Farda ( fa, راديو فردا, lit=Radio Tomorrow, ''Radio Farda'') is the Iranian branch of the U.S. government-funded Radio Free Europe/Radio Liberty (RFE/RL) external broadcast service for providing "factual, objective and professional journalism" to its audiences. It broadcasts 24 hours a day in the Persian language from its headquarters in the district Hagibor of Prague, Czech Republic. Radio Farda first aired December 2002. Radio Farda broadcasts news on topics like political, cultural, social, and art with an emphasis on Iran. Radio Farda's broadcasts have been continually blocked by Iranian authorities over the history of its programming. History Radio Farda was established in 2003 as a joint effort of RFE/RL and Voice of America (VOA). In 2007, the Broadcasting Board of Governors (BBG) decided to consolidate all of Radio Farda's operations under RFE/RL. Then in July 2008, RFE/RL assumed sole responsibility for all Radio Farda programming. In 2008, Jay Solomo ...
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Abbas Araghchi
Seyed Abbas Araghchi ( fa, سید عباس عراقچی, ; born 5 December 1962 in Tehran) is an Iranian diplomat who is the former political deputy at the Ministry of Foreign Affairs of Iran from 2017 to 2021. He previously held office as the Deputy for Asia–Pacific and the Commonwealth Affairs and Legal and International Affairs of the Ministry of Foreign Affairs of Iran. He served as Iran's chief nuclear negotiator in talks with the P5+1, in Hassan Rouhani's government. Araghchi entered the Foreign Ministry in 1989. In early 1990s, he served as chargé d'affaires of the Permanent Mission of the Islamic Republic of Iran to the Organization of Islamic Conference, based in Jeddah, Saudi Arabia. He served as ambassador to Finland (1999-2003) and Japan (2007–2011). Prior to becoming Ambassador, Araghchi served as Director General of the Institute for Political and International Studies The Institute for Political and International Studies (IPIS) ( fa, دفتر مطالعا ...
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Fox News
The Fox News Channel, abbreviated FNC, commonly known as Fox News, and stylized in all caps, is an American multinational conservative cable news television channel based in New York City. It is owned by Fox News Media, which itself is owned by the Fox Corporation. The channel broadcasts primarily from studios at 1211 Avenue of the Americas in Midtown Manhattan. Fox News provides service to 86 countries and overseas territories worldwide, with international broadcasts featuring Fox Extra segments during ad breaks. The channel was created by Australian-American media mogul Rupert Murdoch in 1996 to appeal to a conservative audience, hiring former Republican media consultant and CNBC executive Roger Ailes as its founding CEO. It launched on October 7, 1996, to 17 million cable subscribers. Fox News grew during the late 1990s and 2000s to become the dominant United States cable news subscription network. , approximately 87,118,000 U.S. households (90.8% of television subscr ...
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Mahmoud Ahmadinejad
Mahmoud Ahmadinejad ( fa, محمود احمدی‌نژاد, Mahmūd Ahmadīnežād ), born Mahmoud Sabbaghian ( fa, محمود صباغیان, Mahmoud Sabbāghyān, 28 October 1956),
is an Iranian Iranian Principlists, principlist politician who served as the sixth from 2005 to 2013. He is currently a member of the . He was known for his hardline views and ...
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Inflation
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The employment cost index is also used for wages in the United States. Most economists agree that high levels of inflation as well as hyperinflation—which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the money supply. Views on low to moderate rates of inflation are more varied. Low or moderate inflation may be attri ...
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