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EU to hold donor conference on coronavirus vaccine
Apr 15, 2020 13:51The European Union is set to hold an online fund-raising conference next month to support the creation of a vaccine against the novel coronavirus.
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Half a billion people likely plunge into poverty by COVID-19 pandemic
Apr 09, 2020 13:43The new COVID-19 pandemic can push some half a billion people across the globe into poverty, Oxfam says, as the contagious disease is raging around the world, taking more lives and wreaking havoc on economies.
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EU ministers fail to agree coronavirus economic rescue
Apr 08, 2020 14:19European Union finance ministers failed in all-night talks to agree on more economic support for their coronavirus-stricken economies, spurring Spain to warn the bloc's future was on the line if it did not forge a joint response to the crisis.
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US attempt to block Iranian funds in Europe nullified: Iran
Apr 08, 2020 13:36Governor of the Central Bank of Iran (CBI), also known as Bank Markazi, says the country has won a legal battle in Europe to reject a US attempt to have Iranian funds blocked and handed over to Washington for compensating the so-called victims of terror.
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EU science chief resigns over coronavirus response
Apr 08, 2020 11:35The head of the European Research Council has resigned, the EU confirmed on Wednesday, reportedly in protest at the bloc’s handling of its coronavirus response.
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Iran warns IMF, says US cannot veto its request for loan
Apr 08, 2020 05:19President Hassan Rouhani has warned the International Monetary Fund (IMF) to consider Iran’s request for $5 billion without “discrimination” after reports said the US was seeking to block the loan.
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EU should oppose unilateral US sanctions amidst coronavirus pandemic: Iran envoy
Apr 05, 2020 01:17Iran's Ambassador to Belgium Gholam Hossein Dehqani has warned of the adverse consequences of unilateral and illegal US sanctions on the Islamic Republic's fight against the deadly new coronavirus, urging the European Union to oppose Washington's restrictions.
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UK, Germany and France use INSTEX to circumvent US sanctions on Iran
Apr 01, 2020 01:47The UK, Germany and France have circumvented US-led sanctions imposed on Iran to send it medical equipment. The trio used a special purpose vehicle called INSTEX to achieve this.
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Iran’s academics call for prosecution of top US, European officials over sanctions
Apr 01, 2020 01:37A group of Iranian university lecturers has called for the prosecution of top US and European officials for committing crimes against humanity even as the Islamic country battles the new coronavirus pandemic despite Washington’s unilateral sanctions.
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Europe sends medical supplies to Iran in first INSTEX transaction: Germany
Mar 31, 2020 09:10Germany says the three European signatories to the 2015 Iran deal have registered the first transaction under a trade system set up last year to protect companies doing business with Iran from US sanctions, delivering medical supplies to the Islamic Republic amid the coronavirus pandemic.