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Iran too powerful now to be pressured: Senior official
May 19, 2018 12:28Head of the Atomic Energy Organization of Iran Ali Akbar Salehi says the Islamic Republic is more powerful than any time and cannot be easily pressured in the face of US plans to reimpose sanctions on the country.
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EU to make direct oil payments to Iran to bypass US sanctions
May 19, 2018 12:26A plan by the European Union to make direct oil payments to Iran after the US re-imposes sanctions against the country is seen to risk the start of a trade war between Europe and the United States.
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EU, Japan notify WTO of retaliatory measures against US metal tariffs
May 19, 2018 02:40Japan and the European Union have notified the World Trade Organization (WTO) that they are ready to implement an array of retaliatory measures against Washington in response to tariffs on steel and aluminum imports imposed by US President Donald Trump on Tokyo and the European bloc.
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US sanctions against Russia damaging Europe: Moscow
May 18, 2018 10:43Russia has warned that Europe would be the one to suffer from the United States unilateral sanctions against Moscow since the sanctions are only aimed at promoting Washington’s commercial interests.
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Fears of fresh EU crisis as Italian parties agree basis for govt. deal
May 18, 2018 00:12Italy's two anti-establishment parties agreed the basis for a governing accord on Thursday that would slash taxes, ramp up welfare spending and pose the biggest challenge to the European Union since Britain voted to leave the bloc two years ago.
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EU to launch legal process to prevent US bans from affecting businesses in Iran
May 17, 2018 13:58The European Commission is set to launch a legal process based on a powerful law to block American sanctions against Iran as European Union powers mobilize to save the landmark 2015 nuclear deal following Washington’s unilateral pullout.
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Russia delays bill criminalizing compliance with Western sanctions
May 17, 2018 13:49Russia’s lower house of parliament, the State Duma, has delayed further debates on a bill that would criminalize compliance with Western sanctions.
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EU plans to ditch dollar for Iran oil payments: Report
May 16, 2018 09:10The European Union plans to switch to the euro for oil purchases from Iran, eliminating the US dollar as the two sides work to protect bilateral trade against possible American sanctions, a Russian report says.
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Europe drags feet on guaranteeing trade with Iran
May 16, 2018 07:45The European Union's top policy chief has said that she cannot talk about giving Iran guarantees for the economic benefits of the 2015 agreement, but that she can give assurances that the EU will deepen the dialog with Iran and will immediately start work to arrive at practical solutions. Still a number of European firms have already started winding down business in Iran in an attempt to protect themselves from secondary US sanctions.
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Russia, Daesh threaten EU: UK spy chief
May 14, 2018 09:25Russia and the terrorist group Daesh are the two main threats that the European Union (EU) faces today, UK spy agency MI5’s chief Andrew Parker will warn in rare public speech later on Monday.