Dubai: Deterrent effects of the US sanctions are apparent in the Iranian economy. The crisis in the Iranian economy will continue for the second consecutive year and by this year-end inflation will reach 40%, warned the International Monetary Fund (IMF). IMF has claimed in its annual report that the harsh US sanctions against the Iranian […]
Kuwait City: Reactions on the Drone footage of the US warships, released by Iran, with the subsequent threat to close the Strait of Hormuz from the Middle East have started emanating. “This Iranian threat to block a sector that is strategically important for oil movement is a serious matter,” Kuwaiti Deputy Foreign Minister said. Also, […]
Tehran: Trapped under the burden of harsh sanctions, Iran has indicated opening a major front against the United States, declaring complete support to the militarisation of the South China Sea by China. At the same time, Iran announced a special naval collaboration with China to challenge the marine domination of the United States. Iranian naval […]
Tehran: The Iranian government seems to have chosen the option of Bitcoin, to try and support the economy, crumbling under the weight of the US sanctions. It has been revealed that the first ATM of cryptocurrency Bitcoin, has started in capital Tehran. This ATM was installed at an international exhibition being held in Tehran. There […]
Tehran: Iranian Foreign Minister, Jawad Zarif accused ‘The United States intends to capture Iran in the trap it has set, with the imposition of sanctions. But under this disguise, the ‘B’ team of President Trump, is preparing to break Iran into pieces.’ Elections are scheduled to be held in Iran, and the Iranian Foreign Minister […]
London: The effects of the US tightening the noose around Iran against oil trade have started emerging on the international level. Following the announcement by the United States, the Crude rates have spiralled to $ 75 per barrel, in just three days. As per the analysts, after the actual implementation of the sanctions, the rates […]
Tehran: After the imposition of new sanctions by the US, infuriated Iran labelled the entire US military as “terrorists”. The bill was overwhelmingly approved in the Iranian parliament, and it also declared that the assistance given to the US military from the Middle East countries would also be considered to be supporting terrorism. Along with […]
Washington: The United States has initiated an aggressive campaign, to destroy the financial sources of Hezbollah, standing on Iranian and Syrian support and having a strong base in Lebanon. US President Donald Trump had achieved reasonable success, in restricting the activities of Hezbollah, by imposing harsh sanctions against it. The United States has indicated increasing […]
Tehran: The Iran navy chief roared ‘If Iran cannot export oil through Hormuz, no one else will be allowed to transport oil, through this sector.’ A third of the oil movement in the world passes through the Strait of Hormuz. This increases the seriousness of the threat, issued by the Iranian naval chief. One of […]
Cairo: Following the Israeli and US decisions to corner Palestine economically, the Arab League has come to the rescue of the crisis-ridden Palestine government, in the West Bank. The Arab League declared an aid of $100 million, every month, to the Palestinian government, active in the West Bank, under the leadership of Mahmood Abbas. The […]