Iran
Iran’s oil minister openly admits forging export documents to dodge US sanctions
Tanker tracking companies, meanwhile, see September surge in Iranian crude shipments with one describing “levels we haven’t seen in a year and a half”.
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Guard’s engineering firm ‘offers to help relocate Tehran industries in plan to create new capital city’
Metropolis of 14mn seen as ‘bulging’ beyond reason and vulnerable to massive earthquake that would take unimaginable toll.
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US flips Security Council the bird on Iran
Washington claims right to unilaterally reimpose UN sanctions on Tehran. France, Germany and UK lead opposition to move they say is legally void.
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Disasters in the making
Iran, Kyrgyzstan and Tajikistan among countries ranked most vulnerable by inaugural edition of Ecological Threat Register.
Iran earmarks 1% of SWF to stabilise stock market
Main index has lost over a fifth of its value in a month. Size of sovereign fund has not been disclosed for two years.
250 companies ‘in queue for Tehran IPO’
The main TEDPIX index has lately fallen back from 2mn to 1.6mn points but some investors think new shares could complete a W-shape rebound.
UAE, UK, Omani firms mount court bid to retrieve Iranian fuel seized from tankers by US
White House alleged cargoes were bound for sanctioned Venezuela. Companies claim they sold gasoline onwards to UAE-based Citi Energy FZC and that it was destined for Trinidad for sale to customers in Peru and Colombia.
COMMENT: How Covid-19 is changing international business and politics
Ever since the plague in Athens in 430 BC described by Thucydides, epidemics have followed movements of people and changed the course of history. Today Covid-19 risks challenging the foundations of business in our modern interconnected world
Bitcoin power consumption need not blow your brains—yet
Russia, Kazakhstan and Iran make top 10 in electricity consumption index for digital currency mining industry.
International mediation mechanism for Armenia, Azerbaijan conflict “does not seem fit for purpose” says former co-chair
Noting July skirmishes took place far from contested Nagorno Karabakh territory, former US diplomat says clashes “may have unleashed a dangerous new geopolitical dynamic” partly given their proximity to strategic oil and gas pipelines.