Killer sanctions: How US during Trump regime shrank Iran’s accessible foreign reserves from $122.5b to $4b

Killer sanctions: How US during Trump regime shrank Iran’s accessible foreign reserves from $122.5b to $4b

The problem created by sanctions, according to the company, is less an unwillingness to do business with Iran over legal fears than an inability of Iranian officials to access their own foreign currency reserves to make payments. The sanctions, while not eliminating Iran’s foreign reserves, have frozen Iran’s access to them, sending the country’s accessible reserves from $122.5 billion down to a mere $4 billion between 2018 and 2020, according to International Monetary Fund figures.

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Punitive sanctions slapped on Tehran by US are killing Iranian children in numbers as banks, drug makers keep off the Gulf nation

Punitive sanctions slapped on Tehran by US are killing Iranian children in numbers as banks, drug makers keep off the Gulf nation

While the US has given assurances that humanitarian trade with Iran will be exempted from sanctions, the lawsuit, which is currently pending appeal after being dismissed, alleges that the large-scale sanctioning of Iran’s banking sector has created a situation in which foreign companies are either unwilling or unable to do any trade with Iran at all.

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Probe into US President Biden and son Hunter’s criminal bribery schemes in Ukraine has energised Trump to hem in his successor

Probe into US President Biden and son Hunter’s criminal bribery schemes in Ukraine has energised Trump to hem in his successor

The secrecy the FBI says is necessary to protect sources can also obscure the credibility of the source. Still, top Republicans are now citing exactly the kind of evidence – a confidential human source relaying the unverified allegations of a Ukrainian business executive – that they dismissed as unreliable when it came to Trump and the dossier.

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Republicans now allege ‘weaponisation’ of justice system to lock Trump out of US presidential race

Republicans now allege ‘weaponisation’ of justice system to lock Trump out of US presidential race

The mounting legal jeopardy Trump finds himself in has quickly become a political rallying cry for the Republicans, many of whom acknowledged they had not fully read the 49-page federal indictment but are rushing to stand by the indicted former president, adopting his grievances against the federal justice system as their own.

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Trump’s showmanship elicits more attention than the felony charges he denied in Florida court

Trump’s showmanship elicits more attention than the felony charges he denied in Florida court

The whirling drama surrounding Trump overshadowed most other news on Tuesday. His GOP presidential rivals largely refrained from any campaign events of their own. One Republican competitor, Vivek Ramaswamy, sought to capitalise on the spectacle by showing up outside the courthouse to tell reporters that he was encouraging other 2024 candidates to commit to pardoning Trump if elected to the White House.

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US slams brakes on online appointments for asylum-seekers at Texas border crossing after extortion reports

US slams brakes on online appointments for asylum-seekers at Texas border crossing after extortion reports

Several asylum-seekers say Mexican officials in Nuevo Laredo, across the border from Laredo, Texas, had threatened to hold them and make them miss their scheduled asylum appointments unless they paid them. Humanitarian groups in Laredo say they had recently warned CBP of the problems and that certain groups were controlling access to the international crossing on the Mexican side.

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Support for ex-US President Trump among Republicans remains high despite criminal charges he faces

Support for ex-US President Trump among Republicans remains high despite criminal charges he faces

Trump, who turns 77 on Wednesday, touched down in Miami at 2:54pm (1854 GMT) in a private jet with his name emblazoned on the side. Supporters gathered outside a nearby golf club he owns, where he was due to stay the night.

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Great Grift: Full probe of Covid funds theft will decide whether Biden or Trump will be next US president

Great Grift: Full probe of Covid funds theft will decide whether Biden or Trump will be next US president

Fraud in pandemic unemployment assistance programmes stands at $76 billion, according to congressional testimony from Labor Department Inspector General Larry Turner. That’s a conservative estimate. Another $115 billion mistakenly went to people who should not have received the benefits, according to his testimony.

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Billionaire George Soros’ son vows to broaden Open Society Foundations’ scope after taking over empire

Billionaire George Soros’ son vows to broaden Open Society Foundations’ scope after taking over empire

The foundation directs about $1.5 billion a year to groups such as those backing human rights around the world and helping build democracies, the Journal reported.

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Honest tellings of history: ‘Black Was the Ink’ was banned because it unearths what’s often left out of American textbooks

Honest tellings of history: ‘Black Was the Ink’ was banned because it unearths what’s often left out of American textbooks

“Black Was the Ink” is told through the eyes of a modern African American teen named Malcolm who embarks on a miraculous journey to Reconstruction-era America with the help of a ghostly ancestor. While in the past, Malcolm witnesses the historic contributions of Black legislators, who worked alongside white allies to bring justice, education, and land ownership to America’s newest citizens, the 4.4 million African Americans emancipated from slavery at the end of the Civil War.

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