Tag: sanctions
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Egypt’s Banque Misr reviews US Iran sanctions notice, UAE central bank launches urgent examination
CAIRO: Egypt’s Banque Misr said on Saturday (Aug 29) it was reviewing a US Treasury notice to cut off its UAE branches from dollar transactions over their dealings with Iran, while the UAE central bank said it had
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War weighs on Iran’s economy as US intensifies sanctions
DUBAI: Iranian leaders are acknowledging the economic toll of war with the United States, with the supreme leader urging the government to address the hardship and the president saying foreign trade has shrunk by a third due to the
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Latvia cracks down on smuggling at Russian border
Latvia’s border with Russia is heavily secured, but some crossings remain open. That attracts smugglers trying to circumvent EU sanctions and bring goods into Russia.
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Could new US sanctions tear China and Iran apart?
Washington’s strategy of putting maximum economic pressure on Iran is tempered by its desire to smooth political tensions with China.
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Trump says all mines cleared from Strait of Hormuz
Iran has closed the vital waterway since the beginning of the conflict causing wild fluctuations in oil prices worldwide.
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Is Iran set to become an economic outcast?
Nearly six months into the war with Iran, US Treasury Secretary Scott Bessent has announced a sweeping new sanctions campaign. This time the US is targeting Iran’s economic ties with the rest of the world.
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Who does Iran trade with and what could Trump’s ‘economic D-Day’ mean?
Iran is no stranger to US sanctions and has developed deep economic ties with several countries.
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‘Money, not missiles’: US launches financial attack on Iran
Washington announced what it described as an “economic D-Day” against Iran, widening current sanctions and targetting countries with business ties with the regime.
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Trump may hope sanctions will pressure regime in Tehran, Iran leaders are betting otherwise
The US says new sanctions ar an “economic D-Day”, but Tehran’s leaders have survived restrictions before.
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Can new US sanctions cripple Iran’s shadow economy?
The US is expanding sanctions on Iran’s financial networks, targeting crypto, gold, aviation and shipping. Analysts say the measures may fuel inflation and strengthen informal markets without changing Tehran’s behavior.
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