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Rouhani: Efforts to Rescue Nuclear Deal Must Continue

EghtesadOnline: Although the United States’ intensified sanctions against Iran will impede efforts by the remaining parties to the 2015 nuclear deal to salvage the fraying agreement, any last chance need to be used properly, President Hassan Rouhani said.
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Publish Date:20/July/2019 | 10:47

Talks Possible If US Returns to Logic

EghtesadOnline: Iran is ready to engage in talks if the United States lifts the sanctions it has reimposed following its withdrawal from the 2015 nuclear deal, President Hassan Rouhani said on Sunday.
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Publish Date:16/July/2019 | 09:24

UK Gov’t Settles $1.6 Billion Dispute With Bank Mellat

EghtesadOnline: The British government has settled a 1.25 billion pound ($1.6 billion) damages claim brought by Iran’s largest private bank in an 11th-hour, out-of-court deal following a dispute over sanctions .
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Publish Date:19/June/2019 | 11:53

Relations With Russia Vital Amid Mounting US Pressure

EghtesadOnline: Relations between Iran and Russia take on a special significance as a result of Washington’s increased pressure and sanctions , a senior diplomat said on Monday before meeting Russian Deputy Foreign Minister Sergey Vershinin.
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Publish Date:12/June/2019 | 09:09

EU Explores Ways to Keep Nuclear Deal Afloat

EghtesadOnline: European foreign ministers and EU foreign policy chief, Federica Mogherini, met on Monday in Brussels, Belgium, to thrash out ways to keep the 2015 Iran nuclear deal alive, following the United States' unilateral withdrawal from the deal, reimposition of sanctions against Iran and intensification of tensions by deploying military vessels to the Persian Gulf.
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Publish Date:14/May/2019 | 11:40

IMF: Iran Inflation Could Reach 40 Percent This Year

EghtesadOnline: Iran’s economy is expected to shrink for the second consecutive year and inflation could reach 40%, an International Monetary Fund’s senior official said, as the country copes with the impact of tighter sanctions imposed by the United States.
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Publish Date:30/April/2019 | 24:23

Sanctions on Iran Oil Bring US Drivers Pain at Pumps

EghtesadOnline: American middle class consumers are enjoying the strongest wage growth in a decade, but higher gasoline prices are eating a good chunk of that increase for many, and it looks like pump prices are headed higher.
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Publish Date:27/April/2019 | 13:19

Oil Jumps as US Decides to End Iran Waivers

EghtesadOnline: The US administration said on Monday that it will not renew waivers that let countries buy Iranian oil without facing sanctions , a move that roiled energy markets and risks upsetting major importers such as China and India.
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Publish Date:23/April/2019 | 13:03

CBI Unperturbed by Latest US Animosity

EghtesadOnline: The United States' unilateral and illegal sanctions have no significant impact on Iran’s market, governor of the Central Bank of Iran said Tuesday.
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Publish Date:10/April/2019 | 24:26

UniCredit Near $900m Deal With US Over Iran Sanctions

EghtesadOnline: UniCredit SpA is nearing an agreement with US authorities over allegations that the bank provided dollar-clearing services to Iranian clients in violation of US sanctions , people with the knowledge of the matter said.
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Publish Date:06/April/2019 | 14:53

Call for Boosting Production in New Year

EghtesadOnline: Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei has named the new Iranian year, which began on March 21, the year of "Boosting Production" to help shore up Iran's sanctions -hit economy without reliance on other countries.
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Publish Date:06/April/2019 | 14:39

Businesses Decry Self-Imposed Sanctions

EghtesadOnline: The Majlis Research Center, the research arm of the parliament, has published the results of three meetings with representatives from the private sector and business owners in the country. The report covers major hurdles from the perspective of businesses.
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Publish Date:19/March/2019 | 24:08

Iran Steel Exports Decline in Wake of Sanctions

EghtesadOnline: Major Iranian steelmakers exported 5.08 million tons of steel during the 11 months to Feb. 19 to register a year-on-year decline of 22%, latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization show.
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Publish Date:11/March/2019 | 13:30

South Africa Says Will Stand by Iran in Sanctions Era

EghtesadOnline: The South African government has reiterated its commitment to supporting Iran in the sanctions era despite challenges while underlining the importance of diplomacy in resolving international issues.
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Publish Date:10/March/2019 | 24:54

High-Quality Domestic Products Can Help Spur Employment

EghtesadOnline: President Hassan Rouhani on Monday called on domestic manufacturers to enhance the quality of their products, as it could help win people’s trust and create more jobs, which are necessary to ease the pressure of sanctions .
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Publish Date:26/February/2019 | 24:21

Iranian Lawmakers Adopt Wait-and-See Approach Toward INSTEX

EghtesadOnline: The European Union's newly-created special purpose vehicle aimed at facilitating legitimate trade with Iran needs time to prove effective in rescuing Iran's troubled economy under harsh American sanctions , Iranian parliamentarians said.
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Publish Date:03/February/2019 | 14:29

How Iran's Steel Exporters Will Weather Sanctions Storm?

EghtesadOnline: The new round of US sanctions against Iran is being felt across the entire spectrum of Iran's economic sectors. One such sector is the strategic steel industry, which is currently dealing with the threat of losing its export markets—a crucial avenue through which Iran's aggressive expansion plans are being pursued.
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Publish Date:02/February/2019 | 15:20

Central Bank of Iran Official: Blockchain No Solution for Sanctions

EghtesadOnline: In light of the new round of US sanctions , there is speculation that authorities in Tehran may seek to circumvent the hostile economic restrictions with the help of blockchain and other financial and monetary technologies.
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Publish Date:22/January/2019 | 15:09