-
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.
-
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.
-
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.
-
Jobs destroyed worldwide as coronavirus sparks recession
Apr 05, 2020 04:15The world’s workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already running into the millions recently. As the International Labour Organization warns of almost 25 million layoffs if the virus isn’t controlled, the cuts from Austria to the US reflect the deepest peacetime recession since the 1930s as economies are frozen to beat the pandemic.
-
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.
-
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.
-
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.
-
Coronavirus: After the EU failed to deliver, Italy looks to Russia for help
Mar 31, 2020 11:37The current global political scene is changing rapidly as a result of the coronavirus. We are seeing new super-powers emerging, such as China and Russia, and former so-called power-houses weakening, such as the US and NATO. The shifting sands of alliances remind us of a similar situation before WW2. Italy, and several other EU members, may find themselves forging new alliances that are headed East.
-
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.
-
Efforts underway to repatriate Iranian students from Italy: Foreign Ministry
Mar 30, 2020 02:11Iran’s Foreign Ministry said on Sunday that it is taking the necessary measures to facilitate the return of Iranian students from Italy amid the quickly worsening coronavirus pandemic in the European country.