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 ...
Israeli officials are increasingly concerned that the UN's top criminal court is planning to seek arrest warrants for their military and political leaders on suspicion of war crimes./ Reports suggest Prime Minister Benjamin Netanyahu could be among them./ The International Criminal Court (ICC) ...
LOS ANGELES (AP) — A scuba dive boat captain was scheduled to be sentenced by a federal judge Thursday on a conviction of criminal negligence after 34 people died in a fire aboard the vessel nearly five years ago. was the deadliest maritime disaster in recent U.S. history, and prompted changes ...
- Bitcoin’s tumble is piquing the interest of investors who view pronounced swings in the digital token as a possible precursor for broader changes in risk appetite in global markets./ The cryptocurrency has shed about 4% in the past two days following a near 16% plunge in April, the worst ...
In many southern Lebanese villages, there are no signs of life. People have fled, leaving towns deserted. Israel has been carrying out strikes on southern Lebanon almost daily since Hezbollah - the powerful Lebanese Shia Islamist group - fired rockets at Israel on 8 October in support of Hamas ...
The family of a gay British-Mexican man held in Qatar for alleged drug offences has given further details of what they say was a "honeytrap" operation using the gay dating app, Grindr./ Manuel Guerrero Aviña was approached online by a man called "Gio" and they arranged to meet - but he was ...
Joie Henney hugs his emotional support alligator named Wally, Jan. 22, 2019, inside their home in York Haven, Pa. Henney credits Wally for helping relieve his depression for nearly a decade, says he's searching for the reptile after it went missing during a vacation to the coast of Georgia. ...
HARTFORD, Conn. (AP) — A home health care company failed to protect a visiting nurse who was killed during an appointment with a convicted rapist at a Connecticut halfway house and should be fined about $161,000, federal workplace safety officials said Wednesday. The Occupational Safety and ...
Two human rights groups have condemned an 11-year prison sentence handed to a Saudi fitness instructor and women's rights activist by a terrorism court./ Manahel al-Otaibi, 29, was convicted of charges related to her clothing choices and expression of her views online,/ These included calls for ...
MADISON, Wis. (AP) — It was the music that changed first. Or maybe that’s just when many people at the pale brick Catholic church in the quiet Wisconsin neighborhood finally began to realize what was happening. The choir director, a fixture at St. Maria Goretti for nearly 40 years, was suddenly ...
Shohei Ohtani is still just playing baseball after being all but cleared in the Ippei Mizuhara scandal. (AP Photo/Carolyn Kaster, File)/ If you were curious about what exactly happened to Los Angeles Dodgers star Shohei Ohtani's money after it was allegedly stolen by his former interpreter, ...