TEHRAN, Aug 21: Iran’s president sent a bill to parliament Wednesday that would cut four zeroes from the value of the Islamic Republic’s sanctions-battered currency, the rial, as tensions remain high between Tehran and Washington.
BRUSSELS, July 16: European Union foreign ministers on Monday turned up the pressure on Turkey after approving an initial batch of sanctions against the country over its drilling for gas in waters where EU member Cyprus has exclusive economic rights.
BEIJING, July 16: China’s government and Chinese companies will cut business ties with U.S. firms selling arms to Taiwan, China’s Foreign Ministry said on Monday, declining to give details of the sanctions in a move likely to worsen already poor ties with Washington.
WASHINGTON/DUBAI, June 26: U.S. President Donald Trump threatened on Tuesday to obliterate parts of Iran if it attacked “anything American,” in a new war of words with Iran which condemned fresh U.S. sanctions on Tehran as “mentally retarded.”
THE HAGUE, Oct 3: The United Nations' highest court on Wednesday ordered the United States to lift sanctions on Iran that affect imports of humanitarian goods and products and services linked to the safety of civil aviation.