Wednesday, May 22, 2024

U.S. Sanctions 14 Iraqi Banks in Crackdown on Iran Dollar Trade- WSJ

WASHINGTON/BAGHDAD, July 19 (Reuters) - The United States has barred 14 Iraqi banks from conducting dollar transactions, the Wall Street Journal reported on Wednesday, citing U.S. officials. The ban, which was imposed by the Treasury Department and...

Iranian Hospitals Face Shortages of Drugs and Medical Equipment

By Kayhan Life Staff The chronic economic crisis in Iran has impacted the country’s healthcare systems, with state and private hospitals facing a shortage of medicine and medical equipment. While patients face massive medical bills, hospital...

Investors Eye Middle East Conflict

Oct 16 (Reuters) - European shares climbed on Monday, with miners in the lead on optimism around demand from top consumer China, although trading was cautious as investors weighed prospects of an escalation in the Middle...

Taliban Sets Up Investment Consortium With Firms From Iran, Russia

KABUL, Feb 22 (Reuters) - Afghanistan's Taliban-led administration has set up a consortium of companies, including some in Russia, Iran and Pakistan, to create a investment plan focusing on power, mining and infrastructure, the acting commerce minister said...

Nasdaq to Pay $4 Mln Settlement Over Apparent Iran Sanctions Violations

Dec 8 (Reuters) - New York-based stock exchange Nasdaq Inc NDAQ.O agreed to pay a $4 million settlement to the U.S. Department of Treasury over apparent violations of sanctions against Iran by a former Nasdaq unit, the department's...

U.S. Weighs Sanctions for Chinese Companies Over Tehran Surveillance Buildup – WSJ

Feb 4 (Reuters) - The U.S. is considering new sanctions on Chinese surveillance companies over sales to Iran's security forces, the Wall Street Journal reported on Saturday citing people familiar with the matter. U.S. authorities are in advanced discussions on...

Russia Eyes Free Trade Pact With Iran

June 19 (Reuters) - A free trade zone agreement between Iran, Russia and several countries that cover the vast Eurasian region spreading from the borders of Eastern Europe to Western China is possible by the end...

Tehran Stock Exchange Tumbles As Retail Investors Withdraw Large Amounts 

By Kayhan Life Staff Nearly $144 million in cash investments in stocks were withdrawn from Tehran Stock Exchange (TSE) on May 7 and 8, Eghtesad-24 online newspaper reported. (The conversions are based on the current exchange...

Iran Rial Plunges to New Lows Amid Unrest, International Isolation

DUBAI, Feb 26 (Reuters) - Iran's currency fell to a record low against the U.S. dollar on the unofficial market on Sunday, amid the country's increasing isolation over its disputed nuclear programme, human rights violations and...

Iran Signs Economic Agreements With Zimbabwe as Raisi Ends Africa Tour

By Nyasha Chingono HARARE, July 13 (Reuters) - Zimbabwe and Iran signed 12 memorandums of understanding on Thursday to strengthen bilateral ties, as Iranian President Ebrahim Raisi wrapped up his three-nation African tour. Raisi, who visited Kenya and Uganda earlier in...