The US is pressuring Iraq to stop buying energy from its neighbor Iran, in what has become a major point of conflict between Washington and Baghdad. Iraqi leaders are pushing back on the demand, which is rooted in US President Donald Trump’s sanctions against Iran, according to a report by the New York Times on […]
Tag Archives | Donald Trump
Iraq offers to Mediate between Trump, Iran
By Laura Rozen for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iran Business News. Concerned that tensions between Iran and the United States could blow back onto Iraq, a senior Iraqi diplomat said today that Iraq would be willing to facilitate dialogue between […]
Volvo Halts Iran Truck Assembly under US Pressure
Swedish truckmaker AB Volvo has stopped assembling trucks in Iran because US sanctions are preventing it from being paid, a spokesman for the company said on Monday. Volvo spokesman Fredrik Ivarsson said the trucks group could no longer get paid for any parts it shipped and had therefore decided not to operate in Iran. “With […]
Trump: Nuclear Deal “a Windfall for Iran’s Leaders”
By John Lee. Donald Trump has described the Iran nuclear deal as a windfall for Iran’s leaders. Addressing the 73rd Session of the United Nations General Assembly in New York on Tuesday, the US President added that since the deal was reached, Iran’s military budget has grown nearly 40 percent. “Every solution to the humanitarian […]
Tags: Donald Trump, featured, Joint Comprehensive Plan of Action (JCPOA), nuclear deal, United Nations (UN), United States
Trump “would Meet Rouhani Without Preconditions”
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. US President Donald Trump surprised everyone by saying he was ready to meet Iranian President Hassan Rouhani at any time, without preconditions. The two leaders have been in an escalating war of words […]
Video: Iranians LA divided over Trump, Iran Tensions
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Iranians living in Los Angeles react to the mounting tensions between US President Donald Trump and Iran. View video on YouTube.
Japanese Banks to Stop Iranian Transactions
Japanese Banks MUFG, Mizuho to Stop Iranian Transactions Japanese banks are moving to stop handling all Iran-related transactions to meet a November deadline set by the United States, after President Donald Trump in May pulled out of a nuclear program agreement with Tehran. Japan’s biggest bank, Mitsubishi UFJ Financial Group Inc (MUFG), will halt all […]
Tags: bank transfers, banking, Donald Trump, featured, Japan, Mitsubishi, Mizuho Bank, sanctions, Sumitomo Mitsui Banking, United States
Video: Is Trump on Relentless Quest to Corner Iran?
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Oil production, prices and politics require a delicate balance. Donald Trump is urging oil producing countries except Iran to boost output. He hopes that will keep prices low – and motorists happy with […]
Trump says No Sanctions Exemption for EU Firms
US President Donald Trump warned European companies that they would face secondary sanctions if they violated US restrictions on doing business with Tehran following Washington’s move to pull out of the Iran nuclear deal. The US president said on Sunday that he would not exempt European companies from Iran-related sanctions, suggesting that EU demands for […]
Most French Firms ‘Unable to Stay’ in Iran
Most French Firms ‘Unable to Stay’ in Iran due to US Sanctions: Minister French Finance Minister Bruno Le Maire said that after the US imposes new sanctions on Iran most French companies would be unable to continue business in Iran because of problems over payment, also saying that the US cannot be the “planet’s economic […]
Tags: Donald Trump, featured, France, Joint Comprehensive Plan of Action (JCPOA), PSA Peugeot Citroen, Renault, sanctions, Total, United States
Iraq’s Pro-Iran Factions shrug off US Sanctions Push
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Two pro-Iranian militias active in Iraq and Syria declared that possible US sanctions targeting them would be ineffective and claimed that such sanctions would actually strengthen their presence and expansion in […]
How US Sanctions will impact Iranian Startups
By Alireza Ramezani for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. On May 8, US President Donald Trump finally carried out his threat to pull out of the nuclear deal with Iran. Agreed on by Iran and six world powers back in 2015, the Joint Comprehensive […]
Tags: Donald Trump, featured, Joint Comprehensive Plan of Action (JCPOA), sanctions, start-ups, United States
Video: Nuclear Deal ‘in intensive care’
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Signatories of the Iran nuclear deal meet in Vienna in a bid to save the agreement, as Iran warns the deal has been put “in intensive care” by Washington’s dramatic withdrawal earlier this month. […]
Tags: Donald Trump, featured, Joint Comprehensive Plan of Action (JCPOA), nuclear deal, sanctions, United States, video
US vows ‘Strongest Sanctions in History’ on Iran
By John Lee. US Secretary of State Mike Pompeo has said that the Trump administration is imposing the “strongest sanctions in history” on Iran, adding that the country would be “battling to keep its economy alive“. The full text of Mike Pompeo’s speech to The Heritage Foundation in Washington DC can be read below: MS […]
Iran’s Housing Sector keeps Building
By Maziar Motamedi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. In Iran, the housing sector — which accounts for a hefty 35% of all household expenses — has since 2011 been in the grip of its worst recession in recent history. Indeed, it was the only […]
Tags: Central Bank of Iran (CBI), Donald Trump, featured, housing, Joint Comprehensive Plan of Action (JCPOA), United States
US puts Sanctions on head of Central Bank
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on the Governor and a senior official of the Central Bank of Iran, an Iraq-based bank and its chairman, and a key Hizballah official, all of whom have moved millions of dollars on behalf of the Islamic Revolutionary Guard Corps-Qods Force […]
Tags: Al-Bilad Islamic Bank, Central Bank of Iran (CBI), Donald Trump, featured, Hizballah, Iraq, Islamic Revolutionary Guards Corp (IRGC), Joint Comprehensive Plan of Action (JCPOA), Office of Foreign Assets Control (OFAC), Quds, sanctions, Steven T Mnuchin, terrorism, United States
How Iran and Europe can Save the Nuclear Deal
By Bijan Khajehpour for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. US President Donald Trump’s unilateral withdrawal from the Joint Comprehensive Plan of Action (JCPOA) has created an urgency for all other deal signatories to work toward saving the accord. As international companies face a new […]
Tags: Donald Trump, European Union (EU), featured, Joint Comprehensive Plan of Action (JCPOA), Office of Foreign Assets Control (OFAC), sanctions, United States
Trump pulls US out of Iran Nuclear Deal: FULL DETAILS
By John Lee. US President Donald Trump has said he will withdraw the United States from Iran nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA). In a live statement, the President said: “I will sign a presidential memorandum to begin reinstating U.S. nuclear sanctions on the Iranian regime. We will be instituting […]
Tags: Donald Trump, featured, Joint Comprehensive Plan of Action (JCPOA), Mike Pompeo, nuclear deal, Office of Foreign Assets Control (OFAC), sanctions, United States
Iran Nuclear Deal: Reaction from World Leaders
By John Lee. Following the US withdrawal from the Iran nuclear deal, world leaders have been giving their opinions. Former US President Barack Obama said: “Walking away from the JCPOA turns our back on America’s closest allies, and an agreement that our country’s leading diplomats, scientists, and intelligence professionals negotiated. “At a time when we […]
Tags: Donald Trump, European Union (EU), featured, Israel, Joint Comprehensive Plan of Action (JCPOA), Mike Pompeo, nuclear deal, Office of Foreign Assets Control (OFAC), sanctions, Saudi Arabia, United Kingdom, United States
Rouhani Calls Trump’s Withdrawal “Psychological War”
President Rouhani Calls Trump’s Iran Nuclear Deal Withdrawal “Psychological War” Iran’s President Hassan Rouhani said on Tuesday that Tehran has adopted necessary measures to confront new anti-Iran pressures, saying that his US counterpart is launching psychological war and economic pressure on Tehran by announcing withdrawal from the 2015 nuclear deal. “The Iranian nation will be […]