Washington/Colombo – The United States announced sanctions against some large Chinese companies over the South China Sea issue. Although, the sanctions mention constructions in the South China Sea, as per received information, the biggest hit will be taken by the ambitious Chinese project, Belt and Road Initiative (BRI). China Communications Construction Company (CCCC) and its […]
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Beijing: – China has accused that the sanctions imposed by the United States on Hong Kong are not only against China and the United States but also against the entire world. US President Donald Trump has withdrawn the special status awarded to Hong Kong and has imposed sanctions against 11 leaders from China. It is […]
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Washington: US Secretary of State, Mike Pompeo, warned that if China signed the USD 400 billion agreement with Iran, all the sanctions applicable to Iran would also become relevant to China. Sanctions will be imposed against the Chinese Communist Party and companies connected with it. Pompeo also alleged that the China-Iran agreement would create instability […]
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Tehran: There was a major crash reported in the value of Iranian Rial in view of the sanctions imposed by the United States in the last month, the Coronavirus crisis and the slump in the international oil markets. Local sources informed on Saturday that the Iranian Rial was exchanged at the rate of 193,400 Rials […]
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New Delhi: India and Russia are making strong movements to boost bilateral trade by starting transport through Iran. For this, a new 7,200 kilometres long International North-South Transport Corridor (INSTC) is being built. Currently, the United States has imposed harsh sanctions on Iran and is imposing tough sanctions on the countries conducting trade with Iran, […]
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Moscow/Washington: Russian President Vladimir Putin warned the United States that Russia will complete the ambitious Nord Stream 2 project, despite the sanctions imposed by US President Donald Trump. A European company announced its withdrawal from the project, within a few hours of the imposition of sanctions. Therefore, there is a possibility that the project may […]
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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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Washington/Moscow: US President Donald Trump signed the proposal for imposing sanctions against the ambitious Nord Stream 2 gas pipeline between Russia and Germany. European company ‘Allseas’ withdrew from the project, within hours of the signing of the order. This withdrawal has rocked the project and Russia, as well as Germany, have fired strong salvos of […]
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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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Washington: Millions of barrels of oil supplied by Iran has been stored in oil depots by China. A leading US news agency claimed that China is bypassing the US sanctions by refusing to channelize this oil in the domestic market. As per the news agency, the Chinese plan to bring that oil in the market […]
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