Iraq not to leave Iran alone during sanctions era: Envoy
Iraq’s Ambassador to Iran Rajeh Saber Aboud Al-Mousavi said on Monday that behavior of a country (the US) will not be able to affect Baghdad-Tehran ties and Iraq will never leave Tehran alone during sanctions era. He made the remarks after Prime Minister Heidar Al-Abadi said earlier that Iraq will follow up sanctions against Iran […]
Suspects involved in attack on US Embassy arrested
Two suspects involved in the early morning gun attack on the US Embassy in capital Ankara has been arrested. A search to nab the suspects involved in the attack was launched soon after the attack. The suspects are being interrogated at a police station in Ankara. According to Anadolu, the vehicle used in the attack […]
Afghan president offers Taliban new provisional ceasefire
Afghan President Ashraf Ghani declared a provisional three-month ceasefire with the Taliban in a televised broadcast Sunday, a move welcomed by Washington but yet to receive a reply from the militants themselves. The announcement followed a bloody week of fighting across Afghanistan which saw the Taliban launch a massive assault against the provincial capital Ghazni. […]
EU blocking statute can’t protect Iran against US sanctions: Fitzpatrick
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 nab suspects after $87 mn cryptocurrency theft
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 […]
New wave of Afghans headed to Europe from Iran
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 […]
Taliban talks with US strictly aimed at ending occupation
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 […]
Venezuela on edge as Maduro unveils raft of economic reforms
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 backpedalling out of banking crisis
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 […]
Fifty years ago, Soviet tanks crush the Prague Spring
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, […]