Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Thursday, 18 July 15:21 (GMT -05:00)



Business And Politics News

USA Strikes Iran Again


As you probably know, a couple of weeks ago, the United States imposed a new round of sanctions on Iran. International experts say that the package includes 700 new points, including an embargo on the import of crude oil from Iran. It's interesting to note that the sanctions will touch upon some other states as well. Some temporary exception are said to have been maid for 8 partners of the USA
 

Майк Помпео

Later on, the interbank system called SWIFT may find itself in jeopardy as well. This may also concern the EU companies working with Iran. Under such circumstance, the oil trade agreement between Russia and Iran may gain a new life. The agreement was signed in 2014.
 
According to the U.S. Secretary of the State, the new round of sanctions is aimed at Iran's energy sector. Previously the two sides agreed and signed a nuclear deal, according to which Iran promised to cancel its nuclear program in exchange for getting rid of the sanctions. Now, the USA claims that Iran has secretly violated the deal, which is why it's time to reintroduce the sanctions and even toughen them. On top of that, extra sanctions will be imposed on Iran's shipbuilding, cargo, and banking sectors, which are some of the key sectors of the Iranian economy.
 
At the same time, the U.S. Secretary of the States underlines the fact that the sanctions are aimed at the Iranian government, not the Iranian people struggling under the current political regime. With that being said, Washington is going to make a number of humanitarian exception to those sanctions.
 
Not so long ago, John Bolton, Donald Trump's national security advisor, told the reporters about the consequences of the first round of sanctions imposed on Iran in August 2018. He claims that the sanctions crashed the Iranian national currency and economy, which launched a number of prostest all over the country. 
 

Washington Wants Zero Oil Export From Iran

 

International experts claim that Washington's primary goal is to reduce the Iranian oil export to nothing. In particular, NordFX experts assume that the USA's decision to impose a new round of sanctions on Iran triggered a new price rally in the oil market from 70 dollars per barrel in early May all the way up to 86 dollars per barrel in early November.
 
At the same time, the Iranian government urges the people to stay calm and ignore the threats since non of the goals set by Washington is not going to be fulfiled. They say Iran is ready to live under such pressure even though that those sanctions cannot last long without affecting the Iranian economy. However, the government has promised to do their best to overcome the difficulties and revive the economy.

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

U.S-China Trade War Is Sponsored By Consumers

According to the IMF, consumers and producers are the biggest losers in the trade war between the United States and China. Despite growing duties, American companies are not in a hurry to move their production back to the USA.

Publication date: 12 July 01:19 AM

US-China Trade Conflict May Trigger Another Global Financial Crisis

Beijing and Washington are one step away from escalating their trade conflict. The confrontation may harm the entire global economy. Some experts belive that the trade war may also trigger another global financial crisis. At this point, the parties seem to have come to a standstill, which is why the chances of the conflict escalating into a move severe trade war are still growing.

Publication date: 18 June 10:18 AM

WTO Lowers Global Trade Growth Forecast

 WTO experts are reported to have revised their forecast for the pace of global trade growth. The renewed forecast names figures below the previous ones - 2,6% against 3,7%. It's also interesting to note that the previous forecast for 2018 failed to match the actual figures.

 
Publication date: 19 May 02:58 AM

How to Protect Investment Capital in 2019?

Existing political and economic risks are pushing international investors into thinking about the security of their investment capital. Chasing big profits becomes secondary to this kind of security.

Publication date: 31 March 11:26 AM

EU Comes Up With Workaround to US Sanctions

The representatives of Germany, France, and the UK have registered a company to let it trade with Iran despite the US sanctions. The company still needs to be approved by 28 EU members.

Publication date: 31 March 02:33 AM

Beijing and Washington are getting ready for the final talks

Publication date: 17 February 08:58 AM

US-China Trade War Reaches Next Level

Washington and Beijing have announced a new round of talks. International experts say that the trade war is indeed going to a whole new level.
Publication date: 08 January 10:17 AM

Roma May Drag Moscow and Brussels Into Major Financial Crisis

International experts are trying to evaluate the situation in Italy. Some of them are convinced that the EU is not going to save the Italian populists. For those of you who don't know the details, in October, the European Commission rejected the draft budget devised by the new Italian government. This means that the draft budget needs to be improved in order to approved.
Publication date: 19 December 11:48 AM

Trump Offers Putin to Compete for Multi-Polar World, Eggert Says

According to Konstantin Eggert, a Russian journalist writing for Deutsche Welle, Donald Trump is offering his Vladimir Putin to compete for a multi-polar world, but on American terms. In particular, he highlights the fact that many international experts started panicking when finding out that the USA had withdrawn from the missile control treaty with Russia. They say that this is the end of the strategic partnership between the United States ans Russia and the disruption of the nuclear arms control system created decades ago.

Publication date: 29 November 11:07 AM

The world is on the verge of another global race

International experts are commenting on the events taking place over the last few years. In particular, President and CEO of Atlantic Council Frederik Kempe believes that we are nearing another race between the world's biggest superpowers.
Publication date: 07 November 09:02 AM