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Tag: Iran

Posted on October 21, 2020

Iran Chamber of Commerce Evaluates Q2 Business Environment

Iran’s business environment deteriorated in the second quarter of the current year (June 21-Sept. 21), according to Iran Chamber of Commerce, Industries, Mines and Agriculture. Iran’s National …

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Posted on October 21, 2020

Russia calls for collective security in Gulf, US blames Iran

Russia’s foreign minister called for collective efforts Tuesday to prevent a large-scale war in the Persian Gulf and got strong support from all Security Council …

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Posted on October 21, 2020

Berkshire to Pay $4.1 Million to Settle Allegations of Violating U.S. Sanctions on Iran — Update

The alleged activities began with Iscar Turkey starting a business relationship with an Iranian distributor in 2012, according to the agreement. Iscar Turkey’s general manager at the time believed …

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Posted on October 21, 2020

Berkshire Hathaway will pay $4.1 million to settle allegations of Iran sanctions violations.

Berkshire Hathaway, the conglomerate owned by Warren Buffett, will pay $4.1 million to the Treasury Department to settle allegations that the company and one of its Turkish subsidiaries violated …

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Posted on October 21, 2020

Berkshire Hathaway Agrees to $4.1 Million Iran Sanctions Settlement

Berkshire Hathaway ( NYSE:BRK-A) ( NYSE:BRK-B) has agreed to pay $4.1 million to settle charges a Turkish subsidiary illegally did business with Iran between 2012 and 2016. The U.S. Treasury …

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Posted on October 21, 2020

Armenia Wants Iran’s Help, Azerbaijan Says US, Russia, France Not Doing Enough to End Conflict

Armenia’s ambassador to the U.S. told Newsweek “Iran has the capacity and could use its leverages to restrain Azerbaijan and urge Turkey not to add fuel to fire in Nagorno Karabakh,” while …

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Posted on October 21, 2020

Berkshire to pay $4m over ‘egregious’ Iran sanctions violations

The firm agreed to pay $4.14m to settle allegations that a Turkish subsidiary sold cutting tools to be resold in Iran.

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Posted on October 21, 2020

Berkshire pays $4.1m fine over Iran sanctions violation claims

Warren Buffett’s Berkshire Hathaway agreed to pay $4.1m to the Treasury to settle alleged violations of US sanctions against Iran, in a rare penalty for the sprawling $500bn conglomerate. A Turkish …

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Posted on October 20, 2020

Yemen Gov’t Writes to UNSC on New Iran Ambassador in Sanaa

Awsat The Yemeni government on Monday condemned “the Iranian regime smuggling one of its Revolutionary Guard members into Yemen by appointing him as ambassador to the Houthi coup militia.” It said …

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Posted on October 20, 2020

Berkshire to Pay $4.1 Million to Settle Allegations of Violating U.S. Sanctions on Iran

Treasury Department says one of the conglomerate’s Turkish subsidiaries sold cutting tools knowing they would be resold in Iran.

( read original story …)



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