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US Decision to Keep Iran in Swift Seen as a Compromise

EghtesadOnline: Sanctions on Iran’s banks, oil exports, ships and ports, lifted in 2015 as part of a nuclear weapons agreement that Trump abandoned in May, will be reimposed on Monday. But it is not clear whether those banks would be allowed to participate in the Society for Worldwide Interbank Financial Telecommunication, or Swift. That is the system that allows the world’s banks to communicate with one another, making global transactions possible.
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Publish Date:05/November/2018 | 10:09

US Backing Down From Cutting Iran’s SWIFT Access

EghtesadOnline: Senior US State Department officials working on the Iran issue are said to have convinced Secretary of State Mike Pompeo to permit Iran to remain connected to the international banking system as part of the Trump administrations' concessions to Iran.
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Publish Date:03/November/2018 | 06:27

Trump Tactic to Sanction Swift May Not Work

EghtesadOnline: The Trump administration abandoned the Iran nuclear deal this year and is reimposing sanctions. The sanctions leave western companies and banks with a stark choice. If they do business with Iran, they lose access to the American market and financial system. Not surprisingly, businesses and banks have been cutting ties with Iran or shelving plans to invest there. But one important financial link to the country remains: the financial messaging service that plays a crucial role in moving money around the international banking system.
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Publish Date:15/October/2018 | 05:59

Europe Trying to Exempt Swift From Iran Sanctions

EghtesadOnline: As the reimpostion of the second round of US sanctions draw near, European finance ministers will try to persuade the Trump administration not to cut off Iran’s access to Swift, the global financial messaging service, in meetings with Steven Mnuchin, the US treasury secretary, at the IMF gathering in Bali this week.
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Publish Date:10/October/2018 | 05:38

Laughter at Trump speech a sign of U.S. isolation: Iran guards chief

EghtesadOnline: Laughter during U.S. President Donald Trump ’s speech to the U.N. General Assembly was a sign of the United States’ isolation, the head of Iran’s elite Revolutionary Guards said on Wednesday, Fars News reported.
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Publish Date:26/September/2018 | 24:49

Trump , Iran's Rouhani exchange threats, insults on U.N.'s world stage

EghtesadOnline: U.S. President Donald Trump and Iranian President Hassan Rouhani exchanged taunts at the United Nations General Assembly on Tuesday with Trump vowing more sanctions against Tehran and Rouhani suggesting his American counterpart suffers from a “weakness of intellect.”
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Publish Date:26/September/2018 | 24:44

Obama, Meghan McCain rebuke absent Trump in tribute to fallen senator

EghtesadOnline: Former U.S. presidents Barack Obama and George W. Bush, once rivals of the late Senator John McCain, praised him in eulogies on Saturday and joined his daughter at a memorial service in subtle and not-so-subtle rebukes of President Donald Trump .
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Publish Date:02/September/2018 | 24:12

Trump Warns Against Doing Business With Iran

EghtesadOnline: US President Donald Trump on Tuesday said sanctions reimposed on Iran were the “most biting ever”, as he warned other countries from doing business with Tehran.
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Publish Date:08/August/2018 | 05:06

Saudis Misled Trump , Failed to Compensate Iranian Oil Loss

EghtesadOnline: Iran said on Tuesday US President Donald Trump was mistaken to expect Saudi Arabia and other oil producers to compensate for supply losses caused by US sanctions on Iran, after OPEC production rose only modestly in July.
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Publish Date:01/August/2018 | 09:50

Trump threatens U.S. government shutdown over border wall

EghtesadOnline: U.S. President Donald Trump said on Sunday he would allow the federal government to shut down if Democrats do not fund his border wall and back immigration law changes, betting that maintaining a hard line will work in Republicans’ favor in November congressional elections.
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Publish Date:30/July/2018 | 10:30

Iran dismisses angry Trump warning against threatening U.S.

EghtesadOnline: Iran on Monday dismissed an angry warning from U.S. President Donald Trump that Tehran risked dire consequences “the like of which few throughout history have suffered before” if it made threats against the United States.
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Publish Date:24/July/2018 | 10:56

Targeting critics, Trump threatens ex-officials' security clearances

EghtesadOnline: The White House on Monday threatened to strike back at critics of President Donald Trump ’s contacts with Russia by revoking the security clearances of six former U.S. officials, drawing accusations that he was abusing his power and aiming to stifle dissent.
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Publish Date:24/July/2018 | 10:22

Iran's Rouhani warns Trump about 'mother of all wars'

EghtesadOnline: Iranian President Hassan Rouhani on Sunday cautioned U.S. President Donald Trump about pursuing hostile policies against Tehran, saying “America should know ... war with Iran is the mother of all wars,” but he did not rule out peace between the two countries, either.
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Publish Date:22/July/2018 | 24:57

At NATO, abrasive Trump lashes Germany for being Russian 'captive'

EghtesadOnline: U.S. President Donald Trump accused Germany of being a “captive” of Russia on Wednesday as Western leaders gathered in Brussels for a NATO summit where Trump wants Europeans to pay more for their own defense.
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Publish Date:11/July/2018 | 13:41

Brexit and protests cast shadow over Trump visit to Britain

EghtesadOnline: Britain on Wednesday geared up for the arrival of Donald Trump just hours after the U.S. president waded into the Brexit crisis gripping Prime Minister Theresa May’s government and portrayed the closest U.S. ally in Europe as a country in turmoil.
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Publish Date:11/July/2018 | 13:30

Trump scolds NATO members days ahead of summit

EghtesadOnline: U.S. President Donald Trump berated fellow NATO members on Monday for not contributing enough to the alliance while maintaining a trade surplus with the United States, keeping up a recent drumbeat of criticism before meeting European leaders this week in Brussels.
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Publish Date:10/July/2018 | 08:27