Morning reading of the economic world inflation, oil and business for the homeless.
Good morning start informed!
Will inflation in Iran reach three digits by the end of the year? Is the drop in oil prices a sign of peace in the region? And why might Iranian businesses lose their web address? Three reports to open the day:
1. Prerequisites for landing inflation; Is triple digit inflation on the way?
Point-to-point inflation in October stood at 83.5% according to Central Bank statistics and 88.7% according to the Statistics Center. Estimates show that if the inflationary conditions of the first months of the year continue, this index could reach 103.3% by the end of the year. Controlling the growth of liquidity, financial discipline of the government, reforming the currency policy and reducing political uncertainty are prerequisites for a stable control of inflation.
2. Oil drops to two-month low; Did the market hope for peace?
The price of Brent oil reached about 89 dollars on November 19; 22% lower than the high of $118 at the end of October. The gradual increase in the supply of oil, the passage of more ships in the Strait of Hormuz and the decrease in fear of the immediate escalation of the war are among the reasons for this decrease. However, the continuation of the blockade and the fragility of the situation in the region show that this price reduction does not necessarily mean the end of the crisis.
3. The Board of Online Stores in the hands of foreigners; A new threat to business.
Several Iranian websites faced the risk of losing their web domain in recent days; Especially domains registered through the American company GoDaddy. Domain loss isn't just about changing the URL; It can also damage brand credibility, search engine input and customer relationships. This risk is more serious for smaller businesses, which are more dependent on their field.
Morning question.
Faced with sanctions, which long-term damage is more worrisome: continued high inflation, oil market volatility, or the dependence of digital businesses on foreign infrastructure?
Read full reports in "Economic World".