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Venezuela expels U.S. envoys in response to sanctions

EghtesadOnline; President Nicolas Maduro on Tuesday ordered the expulsion of two top U.S. diplomats in Caracas in retaliation for a new round of sanctions over Venezuela’s widely-condemned election, accusing them of a ‘conspiracy’ that was denied by the State Department
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Publish Date:23/May/2018 | 10:58

Russian Railways: Iranian Project Not Subject to US Sanctions

EghtesadOnline: The state monopoly Russian Railways considers its project on the electrification of the railroad in Iran completely civilian and not subject to US sanctions , the company’s CEO Oleg Belozerov said in an interview with Sputnik before the St. Petersburg International Economic Forum.
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Publish Date:23/May/2018 | 10:06

Compliance With US Demands Will Harm NZ Exporters

EghtesadOnline: New Zealand businesses would suffer if its government gave in to threats from the United States over sanctions on dealings with Iran, Iran’s ambassador to New Zealand said.
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Publish Date:19/May/2018 | 04:48

Iranian Billet Buyers Rush to Book Before US Sanctions Take Hold

EghtesadOnline: Buying activity in the Iranian export market for steel billet was lively in the week ended May 16 with customers rushing to place new orders for July-shipment material, especially those in the (Persian) Gulf Cooperation Council countries.
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Publish Date:19/May/2018 | 04:16

Cryptocurrency a Means to Bypass US Dollar

EghtesadOnline: Iran and Russia could consider using local or digital currencies to cushion any impact on bilateral trade from fresh US sanctions that ban dollar-denominated transactions with Iranians, a lawmaker said.
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Publish Date:19/May/2018 | 04:15

India to Invest in Iran in Rupees

EghtesadOnline: India, for the first time beyond Bhutan and Nepal, will invest in a foreign country—Iran—through its own national currency rupee to bypass any trouble arising out of impending US sanctions against Iran, which bars the country from dealing in dollars and euros.
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Publish Date:17/February/2018 | 13:53

CNPC Weighs Taking Over SP Project If Total Leaves

EghtesadOnline: China’s top oil and gas company CNPC is considering taking over Total’s stake in a giant Iranian gas project, if the French company leaves Iran to comply with any new US sanctions , industry sources said.
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Publish Date:15/January/2018 | 06:05

The Mindless Harm of Economic Sanctions

EghtesadOnline: American politicians love to hurl economic sanctions at governments they don’t like, but the current labyrinth of sanctions is so complicated that it has unintended consequences.
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Publish Date:04/September/2017 | 07:32

Iran Joins Forces With Latam States to Thwart US Sanctions

EghtesadOnline: Iran’s President Ebrahim Raisi concluded last month in Havana a visit to Venezuela, Nicaragua and Cuba that aimed to denounce the US sanctions suffered by the four countries and the imperialist policy and to create new economic and commercial agreements to promote the development of their peoples.
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Publish Date:04/July/2023 | 22:16

$6.2 Billion in Subsidized Forex for Basic Goods

EghtesadOnline: Despite restrictions resulting from US sanctions , the Central Bank of Iran provided $6.214 billion in subsidized foreign currency to import essential goods over seven months ending Oct. 21.
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Publish Date:31/October/2020 | 13:03

Call for Enhancing Trade Ties With Europe

EghtesadOnline: President Hassan Rouhani called for promotion of economic relations with European states, stressing that bilateral trade should not be affected by the “illegal” and “unilateral” US sanctions .
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Publish Date:30/September/2020 | 14:36

US Sanctions Snapback Bid Downplayed as Vain

EghtesadOnline: Foreign Minister Mohammad Javad Zarif said the United States’ attempt to return international sanctions on Tehran within a week is vain because Washington is not globally regarded as a party to the 2015 nuclear deal, formally called the Joint Comprehensive Plan of Action.
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Publish Date:19/September/2020 | 24:51

Chevron Corp Books Worst Loss Since 1989 as Oil Prices Crash

EghtesadOnline: Chevron Corporation reported on Friday a net loss of $8.3 billion for the second quarter on the back of impairment charges due to lower commodity price outlook and write-off its Venezuela operations due to the US sanctions .
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Publish Date:02/August/2020 | 14:00

Tough Times Ahead for Iran Auto Parts Makers

EghtesadOnline: Iran’s auto part production sector is having a hard time procuring the raw material and key parts from foreign sources due to the restrictive US sanctions , an industry insider said.
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Publish Date:28/July/2020 | 11:57