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IRAN FINANCIAL SYSTEM
Iran caps dollar purchases at $1,000 per day amid sanctions-hit economyIran has introduced new rules for buying US dollars through banks and exchange offices as sanctions strain its financial system. Under the ...- US Treasury proposes a rule to crack down on high-tech investments in China, other adversariesThe U.S. Treasury Department plans to enforce a rule limiting high-tech investments in China and Russia. This initiative aims to curb inves...
- Every bad cycle ends the same way; problems find their own solutions: 5 large-cap stocks with upside potential of up to 27%What should you focus on when headwinds blow? Not the share price, and not the morning's news. It should be the business and the quality of...
- US sanctions have India cornered. BRICS charts an escape routeUS sanctions have significant implications on international trade, especially concerning countries like India. As BRICS countries explore a...
- Expensive flights, struggling airlines: Why India's airfare crisis has no easy fix for passengersIndia's proposed new airfare framework would require airlines to submit fare structures to the DGCA a month in advance, amid festive-season...
- Trump says he's a great dealmaker. His record says otherwiseDonald Trump, known for his negotiation skills, has faced criticism for his failed deals and claims. His presidency has shown that many of ...
- Saudi Arabia’s Houthi trap: The underdog sets the price of warThe Houthis have demonstrated their capability to threaten Saudi Arabia's military superiority and economic infrastructure. The conflict co...
- How are Yemen's Houthis attacking Saudi Arabia so effectively?Houthi attacks on Riyadh airport and Saudi Aramco’s headquarters have exposed vulnerabilities in Saudi Arabia’s air defences, threatening i...
- Why are markets rising today? Sensex settles 400 pts higher, Nifty gains for 2nd day. 4 factors behind the surgeOn Friday, benchmark indices Sensex and Nifty extended their gains for a second consecutive session. IT stocks, which rose significantly, c...
- Oil Price Today (October 16): Crude oil dips to $105 as Trump mulls easing restrictions on sanction-facing nations. What’s next?Brent crude futures fell 41 cents, or 0.39%, to $105.51 a barrel, while US West Texas Intermediate crude futures declined 54 cents, or 0.55...
- US announces new Iran-related sanctions targeting 16 people, 10 entitiesThe United States has imposed sanctions on 16 individuals and 10 entities connected to Iran's financial operations. US Treasury Secretary S...
- Ukraine's Zelensky defies Trump with Russian refinery strikesUkraine's President Volodymyr Zelensky announced that Ukraine will resume attacks on Russian oil refineries. Tensions between Kyiv and Wash...
- IMF chief urges US and wealthy nations to rein in debt to ease global economic pressureThe International Monetary Fund emphasized the urgent need to address rising global debt impacting low-income countries. IMF Managing Direc...
- No magic fix: IMF chief warns growth cannot solve America's $40 trillion debtThe head of the International Monetary Fund highlights the urgent need to address global debt levels. Rising interest rates and inflation h...
- US hits Bank of America with $1.2 billion fine, says it violated money laundering, sanctions lawsThe US Treasury Department announced a $1.2 billion fine against Bank of America for violating anti-money laundering laws. This penalty mar...
- Could Iran target the Gulf’s digital backbone? The risks to data centres and internet cables explainedIran's warning raises concerns about the vulnerability of Gulf data centres and digital infrastructure to potential attacks. Recent escalat...
- Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
- Trump's diesel deal with Putin draws criticism from a frustrated CongressDonald Trump recently announced a controversial agreement with Vladimir Putin to import Russian diesel to the U.S. The deal has drawn bipar...
- Trump and Iran agree on one thing. The US election calendar isn't driving their decisions on the warTrump and Iran both say the November 3 US midterms are not driving their decisions on the seven-month war, even as the conflict weighs heav...
- Global Market: BoE’s Pill says central banks must stay focused on fighting inflationBank of England Chief Economist Huw Pill urges central banks to prioritise inflation control amid rising global bond yields. Divisions amon...
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