Friday, 17 August, 2018

USA is 'unreliable', Rouhani says in meeting with North Korean FM

TENSE IN TEHRAN: The President Slams Iran With 'MOST BITING SANCTIONS EVER IMPOSED' China continues 'fair and lawful' business in Iran, despite U.S. sanctions
Ellis Copeland | 09 August, 2018, 02:21

Separately, Iranian Foreign Minister Mohammad Javad Zarif said Wednesday that a US plan to reduce Iran's oil exports to zero will not succeed, according to the Iran newspaper.

Since it unilaterally pulled out of the deal in May, Washington has told other countries that they must halt all imports of Iranian oil from November 4, or face United States financial measures.

Mohammad Javad Zarif told the Iran newspaper that President Donald Trump's goal of forcing the rest of the world not to buy Iranian oil was impossible.

Mr Trump abandoned the Joint Comprehensive Plan of Action (JCPOA), which saw Iran limit its controversial nuclear activities in exchange for sanctions relief, in May.

The first round of reimposed United States sanctions targeting Iran's aviation and auto industries, as well as its banking system snapped back on Tuesday.

The first wave of USA sanctions targeting Iran's automotive sector as well as gold, steel, and other metals went into effect Tuesday.

The Trump administration on Tuesday reimposed sanctions on Iran that were lifted as part of a nuclear agreement with the country - a follow-through on the order President TrumpDonald John TrumpFive takeaways from Ohio's too-close-to-call special election Mar-a-Lago insiders provided input on VA policy, personnel decisions: report Trump claims victory as Balderson holds on to slim lead in Ohio MORE gave when he withdrew from the nuclear pact in May. "Nobody can do anything", Khamenei said recently, the website reported.

Hurricane on track to skirt past Hawaii's erupting volcano
Hector is now about 1,130 miles (1,820km) east of South Point, Hawaii, and is forecast to cross into the central Pacific today. However, forecasters still expect the storm to pass south of the Hawaiian Islands and gradually weaken over the next few days.


New York Congressman Chris Collins Indicted on Insider Trading Charges
Collins' lawyers noted in a statement that the government has not said the congressman traded any shares of the stock. This led to three trades, it is alleged, that helped the defendants avoid $768,000 United States in losses.


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Tesla CEO Elon Musk's discussion of privatizing the company's shares sparked a seesaw in prices before trading was suspended. Taking Tesla private "makes a ton of sense", said Gene Munster , a managing partner at venture capital firm Loup Ventures.


The statement added that without Iran, al-Abadi would not have been in power, pointing out that the duty of the Iraqi government was to stand by Iran in order to break the United States economic blockade. Even stronger sanctions targeting Iran's oil sector and central bank are to be re-imposed in early November.

President Hassan Rouhani hinted last month that Iran could block the Strait of Hormuz, a major oil shipping route, if the USA attempted to stop the Islamic Republic's oil exports.

His Tuesday morning tweet came as Washington's new sanctions on Tehran took effect overnight.

Few American companies do much business in Iran so the impact of sanctions mainly stems from Washington's ability to block European and Asian firms from trading there. "We can't get drawn into a confrontation with America by falling into this war room trap and playing on a battlefield". Zarif told the state-owned IRAN daily, however, there are now no ongoing talks between the countries.

Russia, which remains a signatory of the 2015 deal along with the European Union and others, also slammed the US sanctions on Iran.

Heiko Maas said ongoing unrest in Iran - worsened by the sanctions imposed on Monday - could 'boost radical and fundamentalist forces'.

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