Tuesday , 7 December 2021

Economy

Intel: US sanctions oil broker reportedly linked to Iran’s Quds Force

Al-Monitor – The United States unveiled terrorism-related sanctions on an oil-smuggling operation with alleged links to Iran’s powerful Islamic Revolutionary Guard Corps (IRGC) on Friday as talks to resurrect the landmark nuclear deal remain in limbo.  In a statement announcing the designations, Secretary of State Antony Blinken accused the IRGC’s elite overseas branch, known as the Quds Force, of funding its …

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Hassan Rouhani’s Iranian Presidency Has Been an Abject Failure

gatestoneinstitute.org – [W]ith the Iranian economy on its knees and the country facing further international isolation, Mr Rouhani finds himself leaving office with his reputation in tatters and the ruling Islamic regime facing a desperate battle for survival. Mr Raisi’s victory in Iran’s indisputably rigged elections in June should be seen not so much as a victory for the country’s …

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Iran’s Raisi Faces Early Tests on Economy, Tension With West

VOA – Ultraconservative Ebrahim Raisi is to be inaugurated Tuesday as the new president of Iran, a country facing economic and health crises as well as tensions with the West. He replaces moderate president Hassan Rouhani, whose landmark achievement was the 2015 nuclear deal between Iran and six world powers. From the outset, Raisi will have to tackle the nuclear …

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Middle East economic outlook hinges on vaccinations

Al-Monitor – The headline from the International Monetary Fund (IMF) World Economic Outlook update this week is that the keystone of any global economic recovery is vaccination rate for the COVID-19 virus — and the prospect is very much divided between advanced and emerging economies. No surprise, then, that the Middle East also is split, with Israel and most Gulf states faring …

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US mulls crackdown on Chinese imports of Iranian oil

Al-Arabia – The United States is considering cracking down on Iranian oil sales to China as it braces for the possibility that Tehran may not return to nuclear talks or may adopt a harder line whenever it does, a US official said. Washington told Beijing earlier this year its main aim was to revive compliance with the 2015 Iran nuclear deal and, …

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US launches inquiry into Qatar’s alleged finance activities in Iran

Al-Arabia – The United States’ Department of State has launched an inquiry into an allegation made by the Israeli government stating that Qatar’s royal family funded Iran’s Revolutionary Guard Corps, a US-designated terrorist organization, online news organization the Washington Examiner reported Friday. The Israeli government report said that a spokesman from the state department told the Washington-based news agency about the ongoing …

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Iran Opens Oil Export Terminal Bypassing Strait Of Hormuz

RFL/RE – Iran says it has opened its first oil export terminal in the Gulf of Oman to allow Tehran to avoid using the strategic Strait of Hormuz shipping route that has long been a focus of regional tensions. “Today, the first shipment of 100 tons of oil is loaded outside the Strait of Hormuz,” President Hassan Rohani said in …

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Official Poll: 77 Percent of Iranian Stock Exchange Investors Lose Out

Iranwire – The latest public poll by the Iranian Students Polling Agency (ISPA) found that more than 20 percent of Iranian adults had recently invested in the stock market, of whom the vast majority had lost money. The survey ran from July 16 to 20 and featured 1,585 respondents aged over 18 living in all parts of Iran. In total, 20.9 …

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Labor Activists: State-Sponsored Looting Led to Iranian Oil Strikes

Iranwire – A nationwide strike by workers in Iran’s oil, gas and petrochemical industries entered its fifth consecutive week on Saturday, July 17. Labor activists this week joined a Clubhouse discussion hosted by IranWire to shed light on how this situation came about and the workers’ demands, many of which relate to disparities in contracts under the Ministry of Oil. Among those present were …

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How does Iran circumvent the sanctions on dual-use and military goods in Europe?

Radiozamaneh – The international military equipment and dual-use goods procurement network of the Islamic Republic of Iran is an extensive network operating in countries from East Asia to Europe, North America, South America and North Africa. This includes companies and individuals who provide military and dual-use equipment to Iran through secretive and dangerous means. Instead of prioritizing the livelihoods and …

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