Friday , 3 May 2024

Latest news

US sanctions accelerate Iran’s blockchain drive

Al-Monitor – Blockchain technologies, especially cryptocurrencies, have become a hot topic in Iran during the past few years, just as in most other countries. Few tangible results have materialized so far, but US officials may have actually done Iran a favor as they have significantly accelerated development of blockchain-based projects. The unilateral reimposition of US sanctions and a local drive for …

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Iran says special channel for trade with Europe almost set up

Al-Monitor – Iranian officials have announced that a special channel to conduct trade with European countries has been established and will be implemented soon in order to facilitate trade while bypassing US sanctions and keeping the Iran nuclear deal alive.

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As Sanctions Take Effect, Loss Of Oil Revenue Hits Iran’s Budget

Radiofarda – The Iranian government has lost two thirds of its funding, according to statements from the head of the Islamic Republic’s Planning and Budget Organization (PBO) that were quickly removed from official websites.

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Foreigners Are ‘Looting’ Iranian Markets – Economist

Radiofarda -A prominent Iranian economist says selling essential goods to foreigners in Iran’s border area markets is “looting” and should not be counted as “export”.

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Huawei CFO Arrested In Canada For Violating U.S. Sanctions On Iran

Reuters- Canada has arrested Huawei’s global chief financial officer in Vancouver, where she is facing extradition to the United States on suspicion she violated U.S. sanctions against Iran, the Globe and Mail newspaper reported on Wednesday.

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