US Flags Environmental Risks From Illicit Transfers of Iranian Oil off Malaysia, Report Says
KUALA LUMPUR, May 9 (Reuters) - A U.S. treasury official warned of environmental risks from illicit transfers of Iranian oil off Malaysia, news portal Malaysiakini reported on Thursday, as the United States narrows its focus on financing...
North Koreans Discuss Trade on Rare Visit to Iran
DUBAI, April 29 (Reuters) - A North Korean delegation attended an Iranian expo in Tehran last week and discussed bilateral trade with Iranian government officials and the private sector, Iranian Foreign Ministry spokesperson Nasser Kanaani said on Monday.
North Korea and Iran have...
ANALYSIS: After Currency Devaluation, Iran’s Economic Outlook Is Bleak
By Roshanak Astaraki
The Iranian foreign exchange (forex or FX) market experienced one of its most volatile periods in the last week of January, with a dramatic devaluation of the Iranian rial.
On Jan. 23, the...
Unit of Thailand’s SCG Pays $20 Mln to US to Settle Iran Sanctions Case
April 19 (Reuters) - A unit of Thai company SCG Chemicals PCL IPO-SCGC.BK has agreed to pay $20 million to the United States to settle potential civil liability for violations of U.S. sanctions on Iran, the Treasury...
Halkbank Urges Immunity From US Prosecution in Iran Sanctions Case
By Jonathan Stempel
NEW YORK, Feb 28 (Reuters) - Turkey's Halkbank HALKB.IS drew skepticism from a U.S. appeals court panel on Wednesday, as the state-owned lender renewed its push to escape U.S. criminal charges that it helped Iran evade American sanctions.
Arguing...
ANALYSIS: Oil Traders Sanguine About Risks From Israel-Iran Conflict
By John Kemp
LONDON, April 18 (Reuters) - Petroleum prices have fallen following Iran's missile and drone assault on Israel, confounding expectations that the escalation of the shadow war would cause them to rise.
Like major industrial accidents, extreme...
Iranian Teachers Earn One-Seventh Of What Their Turkish Counterparts Earn
By Kayhan Life Staff
Iran commemorates Teachers’ Day on May 2, an opportunity for students, parents, and communities to show appreciation for teachers’ significant role in shaping the future through education.
The Iran Open Data (IOD)...
ANALYSIS: Enforcing the Mandatory Hejab Is A Massive Economic Cost
By Roshanak Astaraki
The suppression of women in Iran, most recently through the nationwide ‘Noor Project’ aimed at enforcing the mandatory hejab, has garnered significant attention both domestically and internationally. The Noor Project was launched...
Iraq’s Central Bank Revokes Iran’s Bank Melli Operating Licence
By Timour Azhari
BAGHDAD, Feb 8 (Reuters) - The Central Bank of Iraq (CBI) has revoked the operating licence of Iran's largest bank, Bank Melli Iran, citing international sanctions and the bank's limited operations in Iraq, a CBI document...