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EU pushes euro to break dollar dominance
Dec 05, 2018 16:48The EU commission on Wednesday presented its plan to reduce the dollar's overwhelming dominance of the global economy and to strengthen the role of the euro, particularly for energy transactions.
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US browbeats EU amid push for non-dollar Iran trade
Dec 04, 2018 09:54The US is arm-twisting the Europeans over their bid to bypass new American sanctions on Iran, pressing Europe to impose its own sanctions on the Islamic Republic.
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UK Labour says general election should follow a failed Brexit vote
Dec 02, 2018 14:10Britain’s opposition Labour Party says the Conservative government of Prime Minister Theresa May should resign if the UK Parliament rejects her Brexit deal with the European Union.
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Iran not to wait forever for Europe’s special payment mechanism: Araqchi
Nov 30, 2018 11:33The Islamic Republic of Iran has warned that it cannot wait forever for the establishment of a payment mechanism the Europeans have promised to launch in order to maintain trade with Tehran.
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EU rebuffs Ukraine call to send ships to waters off Russia
Nov 30, 2018 07:20European leaders have rebuffed calls from Ukraine for greater support against Russia after Kiev urged NATO to send ships into waters disputed with Moscow.
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Net EU migration into UK falling significantly: Official data
Nov 29, 2018 14:23Britain’s Office for National Statistics (ONS) has announced that the number of migrants arriving from European Union countries into the United Kingdom has dropped to record low levels amid fears that the country might face acute shortage of workforce once it leaves the EU.
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Future of nuclear deal hinges on Europe’s efforts to ease US pressures: Iran
Nov 29, 2018 01:53A top Iranian official says the 2015 nuclear deal between Tehran and the 5+1 group will be in danger if European countries fail to fulfill their pledge to ease the US’ pressures and let Iran reap the economic benefits of the deal.
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EU pledges continued commitment to 2015 Iran nuclear agreement
Nov 28, 2018 16:57The European Union has reiterated its strong determination to preserve the Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), irrespective of a decision by US President Donald Trump to withdraw from the agreement and reimpose sanctions against the Islamic Republic.
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Germany calls on France to give UN seat to EU
Nov 28, 2018 16:54German Finance Minister Olaf Scholz has proposed that France give up its permanent seat on the UN Security Council and turn it into an EU seat to allow the bloc to speak with one voice on the global stage.
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Brexit will make UK economically poorer: Report
Nov 28, 2018 16:51A new study by the UK government suggests that Britain will become poorer economically some 15 years after leaving the European Union.