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What Alternative Did Investors Flee to during Oil Price Crash?

What alternative did Iranian investors flee to during the oil price crash?

Oil prices were under intense pressure in recent weeks and continued to decline even after OPEC+ countries agreed to reduce oil production by 9.7 million barrels per day.

Oil price crash led some Iranian investors to try Forex trading. And it is not surprising because Forex has numerous traits that are beneficial for investors. Most Iranians are looking for the best international Forex broker 2020 because they think it is very hard to conduct trading without the help of an intermediary, so this is the moment where brokers come in handy.

Meanwhile, Saudi Arabia made it clear that it could begin to reduce oil production ahead of schedule. It is possible that it will be followed by other OPEC member countries, writes the American newspaper Wall Street Journal.

Countries that are heavily reliant on oil, for instance, Russia, as well as, the USA have seen difficulties in their countries. During the oil price crash, Iranian investors were forced to seek other alternatives, and in this article, we will talk about these alternatives.

Switching to FX trading for a living

First of all, in Forex, there is no need for special education and Iranian investors find it too attractive. In order to start trading or investing your money in Forex, you do not need any special education or diploma. Today, on the Internet, there are lots of articles, video tutorials, and books that provide comprehensive information about Internet trading.

Also, they do not need to organize a specific schedule. You can engage in Forex trading when your schedule allows you. Internet trading is available day, morning, and night. Simply, you need to choose the most convenient time for yourself, when nothing will distract you from this activity. It is worth noting that you can work in the financial market anywhere, most importantly, have a tablet, laptop or computer and good Internet access nearby.

Furthermore, for Iranian investors, it is a way to earn more money. One of the most heart-warming virtues of Forex trading is profitability. You can earn on trading, and the main thing is to study this area well. With competent work, the risks of loss of funds are minimal.

Switch to stocks from top Forex brokers

Amid the declining prices of oil, stocks have also become alluring for Iranians. Even though it requires a comprehensive analysis, good knowledge of the market, still it is a very popular activity among Iranians.

If we compare it to Forex trading stocks could be perceived as a more popular investment. During the coronavirus, stocks were changing rapidly, and a lot of people managed to make a fortune. And Iranian investors were one of them as well.

Gold trading with FX brokers and otherwise

Of all the trading tools that are available on the Forex market, traders often use gold for investment and, as a rule, to diversify risks. Iranian investors are not exceptions in this regard. Gold has always been considered a safe haven. In times of political and economic crises, or in times of uncertainty in the markets, investors acquire this asset in order to at least save, and to earn as much as possible, by selling metal after the situation stabilizes.

Gold is a volatile instrument when trading it is necessary to take into account a large number of factors, both technical and fundamental.

Most likely, economic instability in the world will only grow, which means that traders will invest in large precious metals as an asset-refuge. And now, perhaps, is the right time to buy gold. Iranian investors definitely took into account the current trend, and because of that, gold has also been very popular.

Iran Warns IAEA, Europe about Submitting to US, Israel Pressure

Iran Warns IAEA, Europe about Submitting to US, Israel Pressure

“I want to warn the European countries and the IAEA. Our behaviour toward the agency has been friendly and within the framework of the law,” President Hassan Rouhani said on Wednesday.

“We have always cooperated with the agency. The IAEA’s inspectors have been present on a daily basis and inspected the locations they wanted to, and they filed reports accordingly,” the president added.

He said the agency has repeatedly announced in its numerous reports that Iran has always fully cooperated with them both over the Iran nuclear deal, officially known as the Joint Comprehensive Plan of Action (JCPOA), and otherwise.

“Recently, the Zionist regime [of Israel] and the US regime put pressure on the agency, and I’m afraid these wicked entities might contaminate the agency, and force the agency, which is supposed to always make precise, fair and proper judgements, to bring up old issues,” the president added.

He said the IAEA only has a duty to give assurance to the world that nuclear materials are under supervision and tell countries how materials are being used.

“The agency has no other responsibility,” the president said.

“The agency is there to say that activities are peaceful, and peaceful activity means the agency keeps track of materials and monitors [nuclear] activities,” he said.

“Now the Israeli and US regimes are pressuring the agency to go deal with an issue which dates back to 18 or 20 years ago,” he noted.

The president said Washington and Tel Aviv are duping the IAEA into deviating from its path.

The president said Iran has always worked closely with the agency and moves forward with that cooperation.

“But the agency should take care not to get off its legal path,” he said.

The president underlined that the Europeans are shamefaced before Iran because they have failed to make good on their commitments under the JCPOA.

“They apologize to us, both on the phone and in person, for having failed to fulfill their duties,” he said.

Meanwhile, President Rouhani thanked China and Russia as well as some other countries for refusing to give in to US pressure and for acting in accordance with the law.

He called on the IAEA to save the face of the agency as “the agency’s respect is very important for the international system.”

“The agency’s respect should be preserved and we are ready to help them,” he said.

“Iran is ready as ever to accept the agency’s legal supervisions and work closely with the agency, but only within the framework of the law,” he said.

 

US Must Apologize, Pay Compensation

Elsewhere in his remarks, President Rouhani touched upon Washington’s offer of talks with Tehran.

“Recently, the White House has kept saying that it is ready for negotiations,” he said.
The president said Iran will sit down for talks only when the US begins to respect the law and UN regulations and deliver on its commitments under the JCPOA, and only when the US Congress and White House together move away from the wrong path and rejoin the P5+1 group.

“They should comply with the law and apologize, make up for the harm they have done to the Iranian nation and pay damages, and come forward within the framework of the law,” said the president.

“We have no problems. They were the ones who created problems. They broke the negotiating table,” he said.

However, he said, Iran knows that the US offer of talk is just “baseless rhetoric.”
“If they really mean it, if they are not lying, … they should apologize and return to rules and regulations. Then they will see that the Iranian government and nation, as always, will move within the framework of justice, fairness, law and international regulations,” he added.

Kurdish-Majority Areas in NW Iran Purged of Terrorists in Military Drills

Kurdish-Majority Areas in NW Iran Purged of Terrorists in Military Drills 1

IRGC Ground Force Commander Brigadier General Mohammad Pakpour said the war games codenamed “The Power of Muslim Kurdish Martyrs” were successfully conducted near the Iraqi border and predetermined objectives were successfully struck.

The top general highlighted the importance of holding maneuvres in order to increase the IRGC’s combat capability.Kurdish-Majority Areas in NW Iran Purged of Terrorists in Military Drills 5

“The drills involved the IRGC’s Ground Force units, including the special forces brigade, armoured units, infantry, drone units, the airborne divisions and local troops of provincial IRGC Departments,” said General Pakpour.

He said operational units are fully prepared to counter threats.Kurdish-Majority Areas in NW Iran Purged of Terrorists in Military Drills 66

“Dealing firmly with terrorist elements and groupings is on the permanent agenda of the IRGC’s Ground Force, and we will firmly counter terrorists in any place that they might be present,” he said.

He also called on Kurdish tribes in northern Iraq to stay away from terrorist elements as their bases will be targeted by Iran wherever they are.

What Are Advantages of Holding CompTIA A+ Certification?

What Are Advantages of Holding CompTIA A+ Certification

Many individuals believe that the credentials don’t matter while others think that they are a strong prerequisite for growing a career in the field of IT. If you are wondering if A+ is worth your time and efforts, you should continue reading this post. But first of all, let’s look at the details that you need to know beforehand.

CompTIA A+ Certification Exams

To obtain the Exam-Labs.com credential, the candidates are required to pass two exams: 220-1001 and 220-1002. The first test is focused on Cloud computing, network troubleshooting, networking technologies, hardware, mobile devices, and virtualization. The second exam, on the other hand, covers the installation and configuration of operating systems, software troubleshooting, expanded security, and operational procedures.

Each exam is made up of a maximum of 90 questions and the time allocated for the completion is 90 minutes per each. The question formats to expect during the delivery of these tests may include performance-based, drag and drop, and multiple choice with single and multiple responses. The passing score for the Core 1 exam is 675, but Core 2 requires 700 points. Both scores are placed on a scale of 100-900. Depending on your preferred language, you can take both tests in English, Spanish, Thai, Japanese, Portuguese, and German. To apply for them, the students are required to visit the Pearson VUE platform.

In total, you will need to pay $452 to take these two certification exams. The fee applies to those individuals in the United States. It is recommended that other candidates visit the CompTIA website and check the “See all pricing” section to review the cost that is applicable for their country of residence.

CompTIA A+ Certification Renewal Options

CompTIA A+ is valid for three years. You must renew it before the expiration date to maintain your certification status. You can do it by earning Premium Exams Continuing Education Units (CEUs). This is designed to help the applicants revalidate their expertise and expand their skill set.

The Continuing Education Program enables you to extend the validity of your certificate through different activities that relate to the scope of your badge. You can take part in a variety of training and you can also get the advanced credential to renew your A+. Earn a minimum of 20 CEUs within three years and upload the credits to your account to have the automatic renewal of the badge. You can complete the CompTIA Continuing Education, which is an online self-paced training course designed to equip the candidates with hands-on skills and knowledge to do their work.

CompTIA A+ Certification Benefits

There are a lot of advantages that you can get by passing the prerequisite exams and obtaining this CompTIA certificate. Let’s look at some of them.

  • CompTIA A+ gives you a competitive edge

If you are trying to get a position in IT as a newbie, a lack of experience may significantly impact on your ability to be successful in your job search. However, with a certification such as CompTIA A+, you can easily move past the HR scanning software.

This credential validates that you have the adequate basic skills and knowledge of networking and computers, and this expertise is very important for an entry-level job role in the IT field. It also demonstrates your willingness to develop your career. The CompTIA A+ badge gives you a competitive edge over your non-certified contestants.

  • CompTIA A+ validates your knowledge of IT fundamentals

Although the A+ credential will not get you a senior role or a higher technical position, it does highlight your resume. If you don’t have any experience in IT, preparing for your certification exams will help you understand the fundamentals. Passing the A+ Practice Test 14 and Core 2 tests validates that you have a good grasp of the basics in an industry-recognized way. This certificate is a proof of your competence and the employers understand this pretty well.

  • CompTIA A+ gives hands-on experience

Besides the fact that CompTIA A+ will provide you with the relevant skills and competence you need to work as a help desk technician, it is a good place to start your career. With this badge, you gain hands-on experience that you can apply in a real-world scenario. You can develop your career and earn more advanced certificates. If you have never prepared and passed the certification exams, 220-1001 and A+ Practice Test 9 are a great way to start.

Conclusion

Now that you understand that CompTIA A+ is a great way to put your best foot forward when looking for a job, you should not doubt whether you need exam dumps for your preparation or not. Any preparation process requires your full commitment to the task so that you will be able to pass any test. That is why dumps are one of the first prep tools that you need to get. They help you identify your level of preparedness and evaluate the knowledge you have gained. Therefore, if you take them with other resources, you will surely pass your exams and obtain the credential.

With the CompTIA A+ certification, you can get different job roles that you can take up as an entry-level specialist. These include:

  • Data Support Technician
  • Service Desk Analyst
  • Help Desk Technician
  • Desktop Support Administrator
  • End-User Computing Technician
  • Technical Support Specialist
  • Associate Network Engineer
  • System Support Specialist
  • Field Service Technician

So, if you prepare with great deliberation, you will become a certified professional who can land one of these well-paid positions.

Iran Working Hard to Develop Vaccine for COVID-19: Health Minister

5 Iranian COVID-19 Vaccines on WHO’s List of Vaccines Candidates

Saeid Namki said on Wednesday that two prominent teams at knowledge-based companies are working in that domain.

“We have made good progress, but it is still too early to unveil our work. In the coming days, good news will be announced about a vaccine for coronavirus,” said the minister.
Meanwhile, he underlined that no definitive vaccine has been developed for the disease yet.

“So far, no specific drug has been discovered for COVID-19, and the world is working on finding a vaccine,” he said.

He also touched upon the fee charged for the coronavirus test.

“Individuals should get into the health ministry’s network to take the test; in that case, they won’t be charged,” he said.

“In fact, those we deem necessary to be tested as the target group won’t be charged, but if someone wants to take the test on his own, they can go to private laboratories which do the test based on officially approved fees,” he added.

Iran to Cut Dependence on Hormuz Strait for Oil Exports via 1,000-km Pipeline

Iran to Cut Dependence on Hormuz Strait for Oil Exports via 1,000-km Pipeline

President Hassan Rouhani on Tuesday described the pipeline project as a major and significant national program.

“We are doing a colossal job; it is a major pipeline; the project is already underway; the pipeline will run all the way from Goreh to Jask. It is a 1,000-kilometre pipeline,” he said.

The president underlined Iran will not depend on the Strait of Hormuz for its petroleum exports anymore.

“Our oil exports will no longer be only dependent on the Starit of Hormuz. This is the first time in Iran’s history that such a thing is being done,” he noted.

“Once I had gone to visit the Leader, who told me ‘this is the most strategic work that your administration is doing.’” President Rouhani added.

“It is a project where our oil is being transferred via a 1,000-kilometre pipeline to Jask from where it will be taken to the Sea of Oman. This is a major and significant and unique work being done for the first time in Iran’s history,” he said.

Unfounded Spy Data No Grounds for IAEA’s Demand: Iran

Iran Sees ‘Positive Outlook’ for Ties with IAEA after Latest Report

That came in a statement issued by the Parliament’s National Security and Foreign Policy Commission in reaction to the resolution adopted by the IAEA’s Board of Governors against Iran.

The full text of the resolution follows.

In the Name of God, the Compassionate, the Merciful

The IAEA’s Board of Governors committed a grave mistake by issuing its politically charged and nonprofessional resolution against the Islamic Republic of Iran’s peaceful nuclear program on June 19, 2020, a resolution which lacks any legal and technical grounds.

The agency’s GOV/2020/34 resolution whose draft was presented by the three European countries of France, Britain and Germany, demands access to Iranian sites at a time when our country has, in recent years, been a place where the agency conducted the most number of its inspections and the most transparent ones. Furthermore, among all countries, Iran has had the most extensive cooperation with this international agency. But in return, the agency, under political and non-expert pressure from the US and its allies, has issued a resolution against Iran. While rejecting this resolution, the Parliament’s National Security and Foreign Policy Commission stresses that:

1. Under the regulations, the IAEA is not authorized to make demands for access based on data provided by spy services, especially what relies on baseless claims by the illegitimate Zionist regime [of Israel]. The whole world should know that if Iran agrees to demands for access based on such data, it will set a wrong precedent against all countries.

2. By proposing and adopting the recent resolution, the European countries advanced the United States’ demands and showed that they are no short of the US when it comes to bearing grudge against Iran, and this will go down in the Iranian nation’s historical memory.

3. In Article 6 of the “Law on Proportionate and Mutual Action by the Government of the Islamic Republic of Iran in Implementing JCPOA” approved in 2015, the Parliament has subjected the Iranian government’s cooperation with the agency to national interests; now, given the Board of Governor’s biased resolution, and in order to protect the Iranian nation’s inalienable rights, the Parliament’s National Security and Foreign Policy Commission has drawn up and presented to the parliament floor for approval a motion which requires the government of the Islamic Republic of Iran to stop the voluntary implementation of the Additional Protocol.

4. It has been announced time and again that based on a fatwa by Leader of the Islamic Revolution [Ayatollah Seyyed Ali Khamenei], there is no room for nuclear weapons in the Islamic Republic of Iran’s defense doctrine; at the same time, the Iranian nation will not allow international institutions to violate the national sovereignty of the Islamic Republic of Iran under pressure from the US and its allies.

Iran’s War on Drugs Serving Youth Worldwide: Official

Iran’s War on Drugs Serving Youth Worldwide: Official

Addressing an online conference held on the occasion of the Anti-Narcotics Week on Tuesday, Eskandar Momeni said Iran makes no distinction between the youth across the globe when it comes to the war on drugs, a clear sign of which is that the Islamic Republic has blocked the transit of narcotics to the European countries.

He also noted that the Iranian Police has obliterated a consignment of the drugs seized from smugglers in a symbolic gesture on Tuesday, saying the bulk of the illicit drugs had been destined for the foreign countries.

Highlighting Iran’s great achievements in the fight against drugs, Momeni said a 2020 report from the United Nations states that 90% of the total opium, 26% of heroin, and 48% of the morphine seized across the world have been captured by Iran.

“The laws and regulations in force in Iran reveal that the Islamic Republic of Iran is fighting against drugs decisively and genuinely at home and abroad,” he noted, saying the Islamic Republic is engaged in a long-running war against drugs no matter which country’s youth may fall victims to narcotics.

The official further said the Islamic Republic’s war on drugs has so far resulted in the martyrdom of more than 4,000 servicemen and has left more than 12,000 forces handicapped.

According to Momeni, Iran has seized more than 950 tonnes of drugs in the previous Iranian year, showing a 21% rise compared to a year before.

Iran is at the forefront of the fight against narcotics, so that all countries are expected to assist the Islamic Republic in this war, since collective cooperation would benefit themselves, he stated.

Momeni finally highlighted Iran’s interaction with the neighboring states and close cooperation with the United Nations Office on Drugs and Crime, expressing hope for the promotion of cooperation in the months to come.

Iran, which has a 900-kilometer common border with Afghanistan, has been used as the main conduit for smuggling Afghan drugs to narcotics kingpins in Europe.

Despite high economic and human costs, the Islamic Republic has been actively fighting drug trafficking over the past decades.

Iran’s President Rejects Trump’s Call for Talks as ‘A Big Lie’

Iran's President Rejects Trump's Call for Talks as 'A Big Lie'

Rouhani said it is weird to say Washington is ready for negotiations because they were the ones who left the negotiating table.

“They say we are ready to negotiate! It is a weird remark! What does it mean that “we are ready to negotiate?” Who left the negotiating table? Who broke down the negotiating table?! Who set fire on the negotiating room?! They did! We were working within the framework of rationality, logic, ethics, politics, and international commitment, but they violated all. So, this is a big lie,” added the president.

Speaking in a meeting with his governors on Tuesday, the president further lashed out at Donald Trump saying that he was an inexperienced guy when taking office and his acts show it clearly.

“An inexperienced guy came to power in the US and you see his acts and behaviour now. The people of the US themselves can judge now. See his behaviour towards his own people! So, such a person came and some provoked him. He put a great pressure on us. He exerted the pressure saying Iran will give in within three months, and he will manage the negotiating table. Well, he understood he had made a mistake and miscalculated. The Zionists, the reactionaries, and the extremists in the US made a mistake.”

Rouhani also appreciated the resistance of Iranian nation against US pressures saying the Islamic Republic will never give in under pressure.

“Our nation stood strong and resisted. Today, it is clear for the entire world that we will not give in under pressure and sanctions. He [Trump] must work logically. Every day, lie after lie! However, we need to explain this fact to our people. Our people are making a great endeavour now. Our nation is resisting against a superpower who is operating cruelly. So, it has to be clarified and explained to people!” concluded Rouhani.

70% of Aircraft Parts Produced Inside Iran: Minister

70% of Aircraft Parts Produced Inside Iran: Minister

Brigadier General Amir Hatami has said on Tuesday the majority of aircraft parts are being produced inside the country thanks to the successes achieved over the past 40 years.

“We have been able to localise spare parts manufacturing in these areas, and we are one of the few countries that have achieved this success,” a lawmaker quoted Hatami as saying during a parliament session.

The Minister of Defence has added that the success in the production of aircraft parts in the country comes as the Islamic Republic possesses a wide range of aircraft.

In aerospace industry, our progress is up-to-date today and we have achieved a lot in this area, Hatami was quoted as saying.