A currency exchange bureau worker counts US dollars, as Iranian bank notes are seen at right with portrait of late revolutionary founder Ayatollah Khomeini, in downtown Tehran, Iran, in this Wednesday, Dec. 21, 2011 file photo. The SWIFT financial transaction service says it's cutting ties with ...
BRUSSELS (AP) — Dozens of Iranian banks were blocked from doing business with much of the world as the West tightens the financial screws on a country it wants to prevent from developing nuclear weapons. The Belgium-based company that facilitates most international bank transfers on Thursday ...
The world's biggest electronic payment system on Saturday will cut off in an attempt to further strangle Tehran's ability to finance a , which facilitates the bulk of global cross-border payments, said it would disconnect designated Iranian financial firms from its messaging system on Saturday ...
Empty and disused Islamic Republic of Iran Shipping Lines (IRISL Group) containers are seen at Malta Freeport in the Port of Marsaxlokk outside Valletta February 10, 2012. REUTERS/Darrin Zammit Lupi/ , cutting it out of key global financial networks, but is taking urgent steps to withstand the ...
, which facilitates the bulk of global cross-border payments, will on Saturday cut off after an EU order and pressure from the United States. Society for Worldwide Interbank Financial Telecommunication ) said in a statement on Thursday it would disconnect Iranian financial institutions affected ...
LONDON/HAMBURG (Reuters) - Vessels carrying at least 360,000 , Reuters shipping data showed on Thursday, a sign that Tehran is succeeding in stockpiling food to blunt the impact of tougher Iran has been shopping for wheat at a frantic pace, ordering a large part of its expected yearly ...
European Union nations agreed Thursday to ban financial transfers such as payments to hundreds of Iranian firms and individuals blacklisted by the bloc over In several rounds of sanctions, the latest in January, the EU has frozen the assets of 116 people and 442 firms and utilities, including ...
, which facilitates the bulk of global cross-border payments, will on Saturday cut off after an EU order and pressure from the United States. Society for Worldwide Interbank Financial Telecommunication ) said in a statement on Thursday it would disconnect Iranian affected by the sanctions from ...
— part of an international effort to discourage Tehran from developing nuclear weapons. sanctions because global financial transactions are impossible without using , and it will go a long way toward isolating Iran financially. The Society for Worldwide Interbank Financial Telecommunication, or ...
Major money exchange houses in the United Arab Emirates have stopped handling Iranian rials over the last several weeks, executives at the houses said, further reducing Iran's ability to trade and obtain hard currency. Since late last year, Iran has largely been frozen out of the global banking ...
and other trade — said the EU decision "prohibits companies such as SWIFT to continue to provide specialized financial messaging services to EU-sanctioned banks," and the company was forced to act. Lazaro Campos, chief executive of SWIFT, said "disconnecting banks is an extraordinary and ...
and other trade — said the EU decision "prohibits companies such as SWIFT to continue to provide specialized financial messaging services to EU-sanctioned banks," and the company was forced to act. Lazaro Campos, chief executive of SWIFT, said "disconnecting banks is an extraordinary and ...
By Isaac Arnsdorf and Ewa Krukowska on March 14, 2012/ The European Union may allow insurance against risks such as collisions and spills for tankers carrying Iranian oil after ship owners said the ban would hinder exports and crude prices rose. The EU would prohibit the insurance and ...
The European Union is seeking to ban imports of products including petroleum oils and natural gas from Iran and to bar global bank-transfer messaging companies from providing services to entities subject to EU sanctions. The EU regulatory arm and the bloc’s foreign affairs service proposed that ...
Play video Israeli missile strikes Iran from BBC News Channel/ It's nearly two hours since we first heard reports of explosions in Iran. Here's what we know so far:/ Two US officials have confirmed to the BBC's US partner CBS News that an Israeli missile has struck Iran/ We have live rolling ...
Reuters' template to be used in breaking news scenarios/ WASHINGTON (Reuters) -Israeli missiles have hit a site in Iran, ABC News reported late on Thursday, citing a U.S. official, while Iranian state media reported an explosion in the center of the country, days after Iran launched a ...
The Sheetz convenience store chain has been hit with a lawsuit by federal officials who allege the company discriminated against minority job applicants. Sheetz Inc., which operates more than 700 stores in six states, discriminated against Black, Native American and multiracial job seekers by ...
Bryan Kohberger, who is accused of killing four University of Idaho students in November 2022, was out driving west of Moscow, Idaho, the night of the slayings, , and the defense plans to offer a cell phone tower and radio frequency expert to partially corroborate this account, a court document ...
The EU has agreed to expand sanctions on Iranian producers of drones and missiles following Tehran's unprecedented attack on Israel./ "It's very important to do everything to isolate Iran," European Council President Charles Michel said./ The bloc already has multiple sanctions in place against ...
) — Several students and adults participated in an hours-long walkout from Utah’s on Sunday with an initial target of 500 signatures — a number of signatures that was reached by Wednesday, prompting the goal to increase to 1,000 signatures./ The description for the petition says that the ...
a subpoena as she arrived for an event at a bar in Brooklyn last month, but the porn actor, who is expected to be a witness at the A process server working for Trump's lawyers said he approached Daniels with papers demanding information related to a documentary recently released about her life ...
Tourists stranded in Dubai's major airports say they are "desperate for food" and are running low on water as floods cause disruption and chaos in one of the world's busiest transport hubs./ Passengers who have spoken to the BBC say they have been waiting for hours at Dubai's two major ...
Uber is helping investigators look into an account that sent a driver to the Ohio home where an 81-year-old man allegedly shot the woman to death because he erroneously believed she was part of a scam that targeted him, the ride-hailing company said Wednesday. The March 25 shooting death of ...
Hugh Grant arrives at the premiere of "Wonka" on Dec. 10, 2023, at Regency Village Theatre in Westwood, Calif. Hugh Grant says he received “an enormous sum of money” to settle a lawsuit accusing the publisher of The Sun tabloid of unlawfully tapping his phone, bugging his car and breaking into ...