Mark Fitzpatrick, Executive Director of International Institute for Strategic Studies says that the EU blocking statute cannot by itself protect Iran against the impact of US sanctions because any firms that do business with the United States will still need to decide for themselves if it is worth risking this business for the sake of […]

Chinese police have arrested three suspects alleged to have stolen assets worth 600 million yuan ($87 million) through hacking, state media reported Sunday, as cyber criminals target holders of bitcoin and other virtual currencies. Police in the northern city of Xian began investigating in March when a victim surnamed Zhang complained that hackers had taken […]

In recent weeks, we have witnessed an exodus of Afghan citizens living in Iran and their efforts to find a new place for business. The devaluation of Iran’s national currency, partly driven by cruel U.S. sanctions and the silence of European countries with regard to Trump’s actions, has sorely damaged the Afghans’ finances. A large […]

 An official spokesman for the Taliban, Zabiullah Mujahid, told Mehr News that the war in Afghanistan is under the control of Americans, saying Taliban’s talks with US aims at ending the occupation. Reports indicate that the Taliban militant group in Afghanistan is in talks with the United States, which, according to Taliban members, are being conducted […]

Uncertainty reigned in Venezuela on Saturday after President Nicolas Maduro unveiled a major economic reform plan aimed at halting the spiraling hyperinflation that has thrown the oil-rich, cash-poor South American country into chaos. Ahead of a major currency overhaul on Monday, when Caracas will start issuing new banknotes after slashing five zeroes off the crippled […]

Ghana is backpedalling out of a banking crisis as the government takes on debt to save a troubled sector and vows to punish the executives responsible. Early in August, Ghana’s central bank revoked the licenses of five local banks and combined them into one — the newly created state-run Consolidated Bank — issuing 5.8 billion […]

In August 1968 Soviet tanks rolled into communist Czechoslovakia to crush a burgeoning democratic reform movement known as the Prague Spring. Here is a recap of the shock intervention that reined in the Soviet satellite state, its aspirations for democracy warded off for another 20 years. – Explosive context – “At 11:00 pm, Soviet, Polish, […]

Austrian Ambassador to Tehran Stefan Scholz said Fri. that the EU seeks to keep financial channels with Iran open after the bloc sustained a loss of nearly $10 billion for cutting off exports to the Islamic Republic. The Austrian ambassador made the remarks in a gathering of foreign representatives residing in Iran and a number of […]

In an interview issued on Saturday, Esproenko International, which specializes in oil and gas services, asserted that it would continue its activities in Iran despite US unilateral sanctions. Esproenko International’s PR manager Carlos Toledo explained that the company had started working with Iran in 2013, “when sanctions on the Islamic Republic were imposed by all […]

Referring to strong economy of Turkey, Senior member of Turkey’s CHP member says the evangelical circles in the USA, have turned the Pastor Brunson issue into a show case to win the millions of evangelical votes in the upcoming mid-term elections in November. The US has threatened to impose more economic sanctions on Turkey if […]