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US pullout from Iran deal: Who will pay the economic price?

We examine Trump’s decision to withdraw from the Iran nuclear deal and the implications for the global economy. This week, US President Donald Trump announced that he has withdrawn from the Iran nuclear deal and is set to renew sanctions on Iran. It’s a decision which has implications for the …

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U.S. Raises Pressure on Iran With Sanctions on Currency Exchange

In first action since pulling out of nuclear deal, Treasury accuses Iran’s central bank of being complicit in funneling dollars to elite military unit By Ian Talley WASHINGTON—The U.S. took a step toward cutting Iran off from the global economy on Thursday, levying sanctions on a financing network and accusing …

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Why Iran and Israel Are Clashing in Syria

By Sewell Chan May 10, 2018 A simmering conflict between Israel and Iran escalated overnight when Israeli jets struck dozens of Iranian targets in neighboring Syria. The strikes came after what the Israeli military described as an Iranian rocket attack against its forces in the Golan Heights. The Israelis said …

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Iran has a tricky balancing act on its hands

AFP TEHRAN: Iran finds itself in a tricky balancing act as it weighs a response to US President Donald Trump’s decision to pull out of the nuclear deal. “They need to find a response that keeps the Europeans on their side but also shows they can’t just be pushed around,” said …

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What Iran Really Wants

 Paul R. Pillar THE ADVENT of the Trump administration has put U.S.-Iranian relations into a deep freeze. President Trump has repeatedly indicated his displeasure with the Joint Comprehensive Plan of Action (JCPOA), the agreement that restricts Iran’s nuclear program. His appointment of Mike Pompeo to become secretary of state, and …

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Keeping economy, CPEC intact: Pakistan seeks friends’ help

ISLAMABAD: In order to keep its economy afloat and avoid the IMF bailout package to ensure smooth running of $60 billion China Pakistan Economic Corridor (CPEC) project, Pakistan has shared different proposals with friendly countries, especially Saudi Arabia and China. The friendly countries have been requested to provide Islamabad with …

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Saudi Arabia calls Iran nuclear deal flawed

WASHINGTON: Saudi Arabia called the 2015 nuclear deal between Iran and world powers a “flawed agreement” on Monday, on the eve of a meeting between the Saudi crown prince and US President Donald Trump who have both been highly critical of Iran. “Our view of the nuclear deal is that …

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Chabahar Port provides the chance for regional convergence: Iranian Envoy

Iran’s ambassador to Kabul described the southeastern Iranian Port of Chabahar as an opportunity for regional convergence in line with serving the common interests of all countries in the region. It needs to facilitate banking relations in order to make use of Chabahar’s capacities, Mohammad Reza Bahrami said in a …

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Iran calls Saudi crown prince ‘delusional’, ‘naive’

TEHRAN – Iranian Foreign Ministry spokesman Bahram Qassemi said on Thursday that the Saudi crown prince Mohammed bin Salman is a “delusional” and “naive” person who just tells lies. “His words are not worth to respond, because he is a delusional naive person who just tells bitter lies and sees …

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Shifting alliances as Pakistan manages relationship with US

AP ISLAMABAD: As Pakistan navigates its troubled relationship with the United States and scrambles to avoid being blacklisted for doing too little, too late to stop terror funding, regional alliances are shifting and analysts ponder whether a cozier relationship with countries like Russia will complicate efforts to move toward peace in neighboring Afghanistan. Russia, …

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