Iran

Anyone doing business with Iran will not be doing business with US: Trump

Anyone doing business with Iran will not be doing business with US: Trump

The first set of US sanctions against Iran that had been eased under the landmark nuclear accord went back into effect early Tuesday under an executive order signed by President Donald Trump, targeting financial transactions that involve US dollars, Iran’s automotive sector, the purchase of commercial planes and metals including gold. More US sanctions targeting Iran’s oil […]

In Iran, economic worries grow as new US sanctions loom

In Iran, economic worries grow as new US sanctions loom

TEHRAN: Iran’s currency plummeted to a record low on Monday, a week before the United States restores sanctions lifted under the unraveling nucear deal, giving rise to fears of prolonged economic suffering and further civil unrest. Already last month, protesters clashed with police outside parliament in Tehran in three days of demonstrations sparked by the Iranian […]

Iran replaces central bank chief as economy faces crisis

Iran replaces central bank chief as economy faces crisis

TEHRAN: Iran replaced its central bank chief on Wednesday, local media reported, amid the fallout over banking scandals and the crisis facing the country’s economy. Valiollah Seif, who had served as the bank’s governor since President Hassan Rouhani took power in August 2013, was replaced by Abdolnasser Hemati following a cabinet meeting, according to the […]

Trump warns Iran to ‘never, ever threaten the United States again’

Trump warns Iran to ‘never, ever threaten the United States again’

President Donald Trump on Sunday warned Iran of consequences “the likes of which few throughout history have ever suffered,” if it threatens the United States (US). “NEVER, EVER THREATEN THE UNITED STATES AGAIN OR YOU WILL SUFFER CONSEQUENCES THE LIKES OF WHICH FEW THROUGHOUT HISTORY HAVE EVER SUFFERED BEFORE,” he said on Twitter, writing the […]

China’s Xi backs nuclear deal in talks with Iran leader

China’s Xi backs nuclear deal in talks with Iran leader

Chinese leader Xi Jinping called for the Iran nuclear deal to be “earnestly” implemented as he met the country s president following the US withdrawal from the pact, state media said Monday. Xi met one-on-one with Iranian counterpart Hassan Rouhani on Sunday following a two-day regional security summit in the eastern Chinese city of Qingdao that […]

China hosts summit with Russia, Iran as nuclear deal wobbles

China hosts summit with Russia, Iran as nuclear deal wobbles

BEIJING (AFP) – Iran, China and Russia may seek ways to salvage the nuclear deal ditched by Donald Trump when their leaders meet this weekend at a summit on the Chinese coast. The Shanghai Cooperation Organisation (SCO), a regional security bloc led by China and Russia, is set to hold its 18th annual gathering in […]

Iran says plan to boost uranium enrichment capacity launched

Iran says plan to boost uranium enrichment capacity launched

TEHRAN: Iran said on Tuesday it had launched a plan to boost uranium enrichment capacitywith new centrifuges, raising the pressure on European diplomats scrambling to rescue a crumbling nuclear deal after Washington pulled out.“If conditions allow, maybe tomorrow night at Natanz (plant), we can announce the opening of the centre for production of new centrifuges,” said […]

Nuclear watchdog calls for ‘timely’ cooperation from Iran

Nuclear watchdog calls for ‘timely’ cooperation from Iran

VIENNA: The head of the UN’s nuclear watchdog called on Monday on Iran to ensure “timely and proactive cooperation” with inspections mandated under the 2015 deal with world powers over its nuclear programme.Speaking at the first meeting of the IAEA’s board of governors since US President Donald Trump threw the future of the deal in […]

No illusions as Iran nuclear deal countries look to future without U.S.

No illusions as Iran nuclear deal countries look to future without U.S.

VIENNA:Nations that remain in the Iran nuclear deal meet on Friday for the first time since U.S. President Donald Trump left the pact, but diplomats see limited scope to salvage it after Washington vowed to be tougher than ever on Tehran. British, Chinese, French, German and Russian officials will try to flesh out with Iran’s […]

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