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Iran uses $1.25bn from sovereign wealth fund to create jobs: Deputy president
Oct 23, 2019 03:24Iranian government has drawn over $1.25 billion from the country’s sovereign wealth fund for the sole purpose of creating jobs as the government struggles to diversify the economy to cope with sanctions imposed by the United States.
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Efforts to block Iran’s oil industry failed, Zanganeh says
Oct 21, 2019 03:36Iranian Oil Minister Bijan Namdar Zanganeh highlighted the ineffectiveness of US sanctions against the Islamic Republic’s oil sector and said attempts aimed at blocking Iran’s oil industry have gotten nowhere.
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South Korea urged to act on stalled pharmaceutical exports to Iran
Oct 20, 2019 03:34Iranian businesses and lawmakers are complaining that the South Korean government has not done enough to ensure that exports of pharmaceutical products to Iran continues despite American sanctions that have restricted banking transaction.
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Iran envoy: Trust in int’l treaties eroded by re-imposition of US sanctions
Oct 19, 2019 03:32Iran’s ambassador to the Netherlands said the US president’s personal decision to re-impose sanctions against the Islamic Republic after withdrawal from the 2015 nuclear deal undermined trust in international treaties and organizations.
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Iran economy to grow in next two years: World Bank
Oct 13, 2019 02:47The World Bank has updated its economic forecast for Iran, saying the country’s Gross Domestic Product (GDP) would slightly increase in the next two years.
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US sanctions impeding treatment of Iranian victims of Saddam’s chemical attacks: OPCW envoy
Oct 10, 2019 02:56Iran’s ambassador and permanent representative to the Organization for the Prohibition of Chemical Weapons (OPCW) says unilateral US sanctions have prevented the country’s access to medical and health services required to treat victims of chemical attacks carried out by former Iraqi dictator Saddam Hussein in the 1980s.
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US sanctions don’t work
Oct 07, 2019 14:02From Iran to Russia and the DPRK, US administrations have long relied on sanctions and threats as a preferred weapon against these countries.
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Iran’s Homa posts operating profit despite US sanctions
Oct 06, 2019 04:06Iran’s largest airline IranAir has reported an operating profit for the year ending in March 2019 despite a surge in aviation costs in the country as a result of the American sanctions.
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Iran’s branches of power cooperating to offset sanctions: VP
Oct 06, 2019 03:44Iran’s Vice President for Parliamentary Affairs Hossein Ali Amiri highlighted the administration’s determination to help resolve the people’s economic problems and said the three branches of the power are cooperating to offset the sanctions imposed by the West.
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Iran denies ships carrying grain are held up outside ports over payment
Oct 04, 2019 03:01Iranian authorities have rejected reports suggesting that ships carrying imports of food and grain have been stuck outside two main ports in southern Iran simply because American sanctions on the country are creating payment problems.