Tehran: The Iranian economy is cornered because of the withdrawal of the European and Asian countries and companies from the trade and crude oil related cooperation, fearing US sanctions. Iran has decided to increase the share of Gold in the economy, to recover the economy, breaking the shackles. The government has ordered starting excavation of […]
Tehran: The sanctions imposed by the United States against Iran have come into effect from Monday. While the whole world is discussing the impact of the sanctions, the Iranian President has claimed this to be a declaration of war. President Rouhani expressed confidence that his country will face the sanctions with self-esteem. At the same […]
Paris: The effects of the stringent sanctions imposed by the United States are becoming visible. They have hit the European trade sector, and European companies like Renault, Daimler-Benz, Opel, Citron and Airbus, Total and ENI have also begun to withdraw from the transactions with Iran. The European media have claimed that although some of the […]
Tehran/London: Iran has started feeling the heat of the harsh sanctions imposed by US President Donald Trump. The Iranian oil exports have shown a decline to the extent of 46% compared to last year. The slide is not expected to stop here but may increase further in the coming months, said the Iranian officials. As […]
Washington/Jerusalem: The Trump administration has decided to resume the military aid to Israel. The Trump administration announced that in accordance with the agreement signed between the two countries, Israel will receive a military aid of $38 billion from the United States. Israeli Prime Minister, Benjamin Netanyahu has welcomed the United States decision. The United States […]
Ankara: Accusing US President Donald Trump of using sanctions and taxes to destruct the economies of other countries, Turkey has appealed them to unite against the United States. Turkish Finance Minister, Berat Albayrak had made this appeal in his article published on a website. The sanctions imposed on Turkey by the United States in the […]
Berlin: “We should not sit like a rabbit in front of a snake,in the face of [US] economic sanctions and tariffs. We must protect our own interests. It is not only the 80 million Germans we are talking about, it is Europe and the 500 million people living there,” German Foreign Minister, Heiko Maas once […]
Moscow: Russia, who had alleged that the United States was using the US dollar like a weapon, is now preparing to use gold as a weapon. Russia has increased its investment in gold over the last few years and it has been revealed that it has purchased 130 tonnes in the first seven months of […]
Jerusalem: ‘The harsh economic sanctions imposed by the United States against Iran are proving to be more effective than expected. Its effects on the Iranian economy are now visible, and its repercussions are being felt in Iran,’ said US National Security Advisor John Bolton. Israeli Prime Minister Benjamin Netanyahu along with the US security Advisor […]
Beijing/Berlin/Ankara: Russia had announced that it will continue its relations with Iran while refuting the United States’ sanctions against Iran. Following Russia’s footsteps, China, Germany and Turkey have declared that they will also not accept the sanctions against Iran. The United States has already announced that the countries maintaining trade relations with Iran will also […]