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Posted on December 23, 2021

Bustling bars, surging business: Dubai sees a post-vax boom

The growth has even extended to business with the UAE’s long-time rivals — Turkey and Iran. Politics had poisoned trade between the powerhouses in past years. But in a recent flurry of diplomacy …

( read original story …)



Posted on December 23, 2021

Sri Lanka sends Ceylon tea to pay $250m Iranian oil bill

Unconventional payment method avoids sanctions imposed on Iran by the UN and US as no sanctioned banks will be involved …

( read original story …)



Posted on December 23, 2021

Iran-backed Houthi attacks more than double after Biden softened US stance this year

The Iran-backed Houthi rebels have more than doubled their attacks against Saudi Arabia this year after President Joe Biden softened the United States’ …

( read original story …)



Posted on December 22, 2021

Sri Lanka will use tea to pay off its $251 million oil debt to Iran

Sri Lanka is undergoing severe financial stress, highlighted by a fall in foreign-exchange reserves against high external debt payments, says Fitch.

( read original story …)



Posted on December 22, 2021

Sri Lanka will use tea to pay off its $251 million oil debt to Iran

Sri Lanka is undergoing severe financial stress, highlighted by a fall in foreign-exchange reserves against high external debt payments, says Fitch.

( read original story …)



Posted on December 22, 2021

Russia says Iran nuclear talks to resume before year-end

Russian Foreign Minister Sergei Lavrov on Wednesday said talks on salvaging the 2015 Iran nuclear deal, which were paused at Iran’s request last week, would resume before the end of this year.

( read original story …)



Posted on December 22, 2021

Tea for oil: Sri Lanka signs deal with Iran to clear over $250 million oil dues

Sri Lanka has signed a tea for oil deal with Iran, allowing the former to settle its huge pending oil imports dues worth over $250 million, by exporting tea to Tehran over the next several months …

( read original story …)



Posted on December 22, 2021

Tea for oil: Sri Lanka signs deal with Iran to clear over $250 million oil dues

Sri Lanka has signed a tea for oil deal with Iran, allowing the former to settle its huge pending oil imports dues worth over $250 million, by exporting tea to Tehran over the next several months …

( read original story …)



Posted on December 22, 2021

Russia says Iran nuclear talks to resume before year-end

Russian Foreign Minister Sergei Lavrov on Wednesday said talks on salvaging the 2015 Iran nuclear deal, which were paused at Iran’s request last week, would resume before the end of this year.

( read original story …)



Posted on December 22, 2021

EU Court: EU Firms Can Scrap Iran Deals If U.S. Sanctions’ Costs Too High

European companies can end contracts with Iranian firms pressured by U.S. sanctions if upholding the deals would lead to “disproportionate economic loss,” …

( read original story …)



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