Iran sold oil to private buyers through its energy exchange for the first time on Sunday, as part of its efforts to counter the imminent return of US sanctions. …
US Sanctions
US puts Russian intel, military officials on sanctions blacklist
The US State Department announced on Thursday it was placing 33 Russian individuals and entities on its sanctions blacklist to punish the Russian government over its “malign activities.” The 33 were blacklisted for being part of or acting for the Russian military or Russian intelligence, the State Department said. (AFP) …
US sanctions counterproductive and senseless, Putin says
Russian President Vladimir Putin on Wednesday called US sanctions against Moscow “counterproductive and senseless” after Washington warned that more “economic pain” was to come. “Sanctions are actions that are counterproductive and senseless, especially against a country like Russia,” Putin said during a press conference with his Finnish counterpart Sauli Niinisto. READ ALSO: EFCC won’t make me […] …
Turkish Lira Rebounds After Central Bank Measures
The Turkish lira rebounded Tuesday against the dollar, a day after the central bank took a raft of measures in a bid to soothe the markets. The lira was at 6.49 to the dollar and 7.41 to the euro, well off the 7.24 to the dollar and 8.12 to the euro seen Monday. The … Continue reading Turkish Lira Rebounds After Central Bank Measures
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Turkey’s Lira Crisis Spills Into Asian Markets
Asian and European markets tumbled and the Turkish lira dived almost eight percent Monday on fears that the economic crisis gripping Turkey could spill over into the global economy. With investors already on edge over the China-US trade war, the lira’s collapse sparked a sell-off in Europe and New York at the end of … Continue reading Turkey’s Lira Crisis Spills Into Asian Markets
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US sanctions on Russia coming soon – Treasury secretary
Despite President Donald Trump’s public statements appearing to oppose sanctions against Russia, the steps ordered by Congress will be imposed in coming weeks, Treasury Secretary Steven Mnuchin said Tuesday.
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