Paris: “Are we going to allow the United States to be the economic policeman of the world? The answer is no”, said the French Finance Minister Bruno Le Maire as he openly challenged the United States. The US sanctions against Iran will directly affect companies from France and other European countries. He made a curious […]
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Tehran: US sanctions have made it difficult for Iran to trade in dollars. In such a situation, Iran has started using cryptocurrency for its imports. Alireza Peyman-Pak, Deputy Minister of Industry, Minerals and Trade of Iran, informed that Iran had ordered imports worth $10 million through cryptocurrency. This decision of Iran is being claimed to […]
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Tehran: The talks between Iran and South Korea for release of the South Korean tanker, hijacked from the Persian Gulf, have failed. Iran has demanded that South Korea should not politicise the issue and release the $7 billion, lying in the frozen bank accounts in South Korea. Meanwhile, the South Korean destroyer despatched to secure […]
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Washington: – Former US Ambassador to the United Nations, Nikki Haley, reprimanded President-Elect Joe Biden in strong words, ‘President Trump withdrew from the Iran nuclear deal instead of persuading the Iranian leaders and imposed sanctions to put immense pressure. The Iranian economy has collapsed only because of these sanctions. In this situation, Iran needs funds […]
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Washington – The United States has imposed sanctions against Russian and Chinese companies for supplying sensitive technology, to the Iranian missile program. US Secretary of State, Mike Pompeo gave information regarding this on Friday. This is the second instance of imposing sanctions against Iran, in the last 10 days. In the last week, sanctions were […]
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Washington/Tehran: – Iran announced the intent to sell and purchase arms from allies, after the term of sanctions imposed by the United Nations on Iran ended on Sunday. The United States, infuriated with this, has threatened to impose sanctions against anyone supplying arms to Iran. Whereas, the Iranian foreign ministry criticised that the US efforts […]
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Washington/Tehran: US Secretary of State, Mike Pompeo, announced that the scope of sanctions, related to the Iranian nuclear and missiles program and military, will be increased. The US announcement came after Iran destroyed the replica of a US warship, during the war exercises in the Strait of Hormuz. Meanwhile, Iranian supremo Ayatollah Khamenei clarified that […]
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Tehran: Coronavirus, which is most rampant in Iran, after China and Italy, has claimed 988 lives in Iran till Tuesday. In the last 24 hours, 135 people have died because of the virus, and the Iranian health department has expressed concerns that the death rate is on the rise. Iran has released 85,000 prisoners from […]
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Lumpur: Malaysian Prime Minister Mahathir Mohammed advised that the Islamic countries should start using Gold Dinar as currency or barter exchange system. Mahathir Mohammed expressed confidence that this would facilitate countering sanctions imposed by countries like the United States. Iran and Turkey have supported the idea, and there are indications that steps will be initiated […]
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Brussels: Six more European countries have joined the system which is designed to establish cooperation with Iran and circumvent US sanctions. Belgium, Denmark, Finland, Netherlands, Norway and Sweden joined the INSTEX economic system and declared that they would continue to trade with Iran. Earlier, the United Kingdom, Germany and France started using the INSTEX system. […]
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