Tag: economic
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Stocks stagger and oil rises as traders eye Iran threat, Nvidia results
HONG KONG: Asian stocks fluctuated on Tuesday (Aug 25) while oil edged up as investors assess a US plan for the “economic asphyxiation” of Iran, while tech firms struggled following another down day on Wall Street and ahead o
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US announces bid to further isolate Iran economically
US Treasury Secretary Scott Bessent has outlined what he called “unprecedented” moves to isolate Iran economically. He said it will focus on third countries, warning those who don’t comply will “share” in the isolation.
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Can Iran survive Trump’s new sanctions?
Iran’s leaders are acknowledging economic hardship just as the Trump administration prepares the toughest sanctions the US has ever levied against the country. Will Tehran be able to withstand another wave of economic pressure?
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US to unveil new Iran sanctions, says war entering ‘endgame’
In what Donald Trump has called “economic D-Day,” the US says the new economic sanctions will be “the single greatest financial offensive ever marshaled.” Tehran says any support of the measures is an “act of war.”
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Iran faces ‘economic D-Day’, says US Treasury Secretary Scott Bessent
Scott Bessent says the US will sever all economic ties with the country and that any nation partnering with Iran financially will also be isolated.
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Iran warns countries against joining US ‘economic war’
Iran has said nations joining US economic sanctions against it would be considered enemies. Earlier this week, President Trump had announced what he called the “most crushing economic operation” against Tehran.
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Iran’s president: Time to end war in ‘position of strength’
Iranian media cite Masoud Pezeshkian as saying it would be a good time to end the war with the US, “as we are in a position of strength and dignity.” He also said Tehran would never “bow to intimidation.”
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How much could Trump’s ‘economic D-Day’ sanctions hurt Iran?
Iran has so far proved adept at finding ways around years of already punishing sanctions on its economy.
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Scott Bessent urges US partners to back plans to ‘squash’ Iran economy
The US Treasury secretary says allies will need to decide whether they “are with us or against us”.
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Trump warns ‘economic consequences’ for nations helping Iran
US President Donald Trump has threatened Iran with an “economic warfare”. Meanwhile, Australia summoned Israel’s envoy over the 2024 death of an aid worker in an Israeli strike in Gaza. DW has the latest.
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