In Tehran meeting, Iranian President warns N. Korean FM about "unreliable" US

Share

On Tuesday, the USA reinstated sanctions targeting the Iranian government's purchase of United States dollars, Iran's trade in gold and other precious metals, and its automotive sector.

The sanctions go back into place after Trump in July threatened Iranian President Hassan Rouhani.

Despite not saying which consequences the USA will face in his latest statement, Iran had previously warned it could block the Strait of Hormuz, widely used by the regional states to export their oil and gas, as a comeback against the sanctions.

Iranian Foreign Minister Mohammad Javad Zarif was cited by an Iranian newspaper, as saying that a United States plan to stop Iranian oil exports will not succeed.

Later, Mr Zarif responded on Twitter by writing: "Tantrums & CAPPED TWEETS won't change the fact that the world is sick & exhausted of United States unilateralism".

Samsung teases first terabyte-plus QLC SATA SSDs
Samsung is increasing storage density by 33 percent with these chips, so it would be nice to see prices fall by that much, too. A new round of NAND flash production at Samsung could finally make SSDs in the multi-terabyte range affordable and mainstream.

Among large European companies that have suspended plans to invest in Iran are France's oil major Total and its big carmakers, PSA and Renault. A second round of sanctions against its energy sector will be reimposed on November 5.

"China's commercial cooperation with Iran is open and transparent, reasonable, fair and lawful, not violating any United Nations Security Council resolutions", it added in a faxed statement to Reuters.

European countries, hoping to persuade Tehran to continue to respect the nuclear deal, have promised to try to lessen the blow of sanctions and to urge their firms not to pull out.

Despite the political will to hold firm, many large European firms such as German automaker Daimler are leaving Iran for fear of U.S. penalties.

US officials have said in recent weeks that they aim to reduce Iran's oil exports to zero as a means of pressuring Tehran to halt its nuclear and missile programmes and involvement in regional conflicts in Syria and Iraq.

New Samsung Promo Teases Galaxy Note 9 Gaming Features
If it's legit, the offer will likely apply to new lines only, with savings paid back as bill credit over 24 months. Samsung seemingly has a number of big promotions ready for when the Galaxy Note 9 is released on August 24th.

"If the Americans want to keep this simplistic and impossible idea in their minds they should also know its consequences", Zarif told the Iran newspaper.

Iran is a key supplier of natural gas and oil to Turkey, which is nearly 100-percent dependent on fuel imports.

The renewed US sanctions go into effect as protests escalate against Iran's hardline ruling party over its huge military spending, which has crippled an already weak Iranian economy. The Trump tactics have deepened an already serious economic crisis in Iran, fuelling protests around the country.

Few American companies do much business in Iran so the impact of sanctions mainly stems from Washington's ability to block European and Asian firms from trading there.

Trump has said he is ready to hold talks with Iranian leaders, without preconditions but meanwhile, his administration has vowed to press on with its pressure campaign.

Low mortgage rates not impressing potential new home buyers
One of the problems is that once rates reach rock bottom (which is pretty well where they are right now) the only way is up. This could be a good time for more young Americans to take out a Roth Individual Retirement Account or IRA for short.

Share