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China, Iran discussing currency swaps

ECONOMY

China, Iran discussing currency swaps

Iranian officials say talks have started with China to use a currency swap mechanism in trade transactions between the two countries.

‘No prospects for US firms in Iran’

ECONOMY

‘No prospects for US firms in Iran’

Iran's economy is still expected to be off limits to American enterprises even when the nuclear-related sanctions against the country are lifted.

US has ‘no plan at all’ in Syria

FOREIGN POLICY

US has ‘no plan at all’ in Syria

Rep. Lee Zeldin says a recent trip to US military bases in the Middle East has given him the impression that Washington has “no plan at all” in Syria.

Al Saud on edge of abyss: Nasrallah

LEBANON

Al Saud on edge of abyss: Nasrallah

Hezbollah says the Al Saud regime has come face-to-face with 'the abyss' and that indications point to its upcoming demise.

Iran tells banks to prepare for bans removal

ECONOMY

Iran tells banks to prepare for bans removal

The Central Bank of Iran (CBI) has told the country's bankers to make the required preparations for the day when the sanctions against the country are lifted.