Tehran, Iran | Xinhua | An Iranian lawmaker said on Monday that the Western sanctions on Iran and Russia have brought the two sides closer to each other in trade and economy, official news agency IRNA reported. Iran and Russia are providing one another with the products they fail to have …
Read More »UN Security Council renews sanctions on DRC
Security Council’s sanctions on the DRC are designed to curb the violent activities of armed groups United Nations | Xinhua | The United Nations Security Council on Thursday renewed the sanctions imposed on the Democratic Republic of the Congo (DRC). Adopting resolution 2641 by a vote of 10 in favor to …
Read More »Russia legalizes parallel imports amid Western sanctions
Moscow, Russia | Xinhua | Russian President Vladimir Putin signed a bill into law on Tuesday legalizing “parallel imports” in the country in a bid to stabilize prices amid Western economic sanctions. The law protects Russian companies that import certain categories of goods without the permission of the intellectual property owner, …
Read More »G7 summit concludes, pledging new sanctions on Russia
Elmau, Germany | Xinhua | The leaders of the Group of Seven (G7) nations vowed to “continue to impose severe and immediate economic costs” on Russia at the conclusion of their three-day summit on Tuesday. They said they were seeking to impose a “price cap” on Russian oil, but no specific …
Read More »U.S. president touts gas tax holiday amid surging energy prices
Washington, U.S. | Xinhua | The White House has proposed a gasoline tax holiday in a bid to bring down record energy prices. But economists doubt such a move will have any major impact. “Such a tax holiday might reduce gas prices by up to 18 cents a gallon but will …
Read More »Iran, Russia vow boost to comprehensive ties
Tehran, Iran | Xinhua | Iran and Russia called for a boost to their comprehensive ties to benefit both countries, Iranian President Ebrahim Raisi said in a Thursday statement on his meeting with the visiting Russian foreign minister. Raisi told Sergei Lavrov that continuous meetings and talks between the officials of …
Read More »Iran condemns use of sanctions as political leverage
Tehran, Iran | Xinhua | Iran’s UN envoy said the Islamic republic condemns the imposition of sanctions by some governments as political leverage in their bilateral ties, Iranian Students’ News Agency reported on Wednesday. Iran’s Ambassador and Permanent Representative to the United Nations Majid Takht-Ravanchi made the remarks on Tuesday at …
Read More »European countries turn back to coal as sanctions on Russian energy backfire
Berlin, Germany | Xinhua | Many European countries are considering turning back to coal to secure energy supplies as gas supplies from Russia slump amid EU sanctions in recent weeks. Germany, Austria, Poland, the Netherlands and Greece are among the first European nations to reopen coal power plants or take measures …
Read More »EU calls for ceasefire in Ukraine to allow grain exports
Brussels, Belgium | Xinhua | The European Union is insisting on a ceasefire in Ukraine to allow millions of tons of grain to be exported, the EU’s foreign policy chief said on Monday. The Ukraine crisis is having serious consequences on hunger in the world, the EU’s High Representative for Foreign …
Read More »Iran possesses right not to trust United States: president
Tehran, U.S. | Xinhua | Iranian President Ebrahim Raisi said on Friday that Iran possesses the right “not to trust” the United States, official news agency IRNA reported. “I’m surprised by the Americans who are sending a message of negotiation on the one hand and adding to the sanctions list on …
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