Standard Chartered bank illegally schemed with Iran to launder as much as 250bn dollars for nearly a decade, a US regulator says. The New York State Department of Financial Services said that the bank hid 60.000 secret transactions for Iranian financial institutions that were subject to US economic sanctions.
Six people were killed in a bomb attack on a bus carrying Israeli tourists at a Bulgarian airport on Wednesday and Israel accused Tehran of carrying out the attack, promising a strong response to Iranian terror.
Iran's President Mahmoud Ahmadinejad stopped in Bolivia Tuesday en route to the Rio+20 summit in Brazil, to court support from another Latin American nation which has tense ties with the United States.
The Simon Wiesenthal Centre has requested the Brazilian government “to arrest and extradite” any Iranian officials with pending arrest warrants from Interpol because of their links with a terrorist attack in Argentina, if they arrive in Brazil for the Rio+20 conference as members of the official delegation from Teheran.
China is buying crude oil from Iran using its currency the Yuan, an Iranian diplomat has said. Oil transactions are usually settled in dollars but US sanctions make it difficult for Iran to accept payments in the US currency.
Uruguay will consult with Iran the possibility of exporting rice in exchange for oil, the government of President Jose Mujica said on Friday.
Argentina and Israel gathered on Friday to honour the 29 victims of the 1992 terrorist car bombing at the Israeli embassy in Buenos Aires, the first of two deadly attacks against Jewish interests in Argentina. The second in July 1994 against the Jewish community organization AMIA claimed 85 lives.
The European Union banned imports of oil from Iran on Monday and imposed a number of other economic sanctions, joining the United States in a new round of measures aimed at deflecting Tehran’s nuclear development program.
The sovereignty of Syria and Iran should be defended against 'foreign interferences' and from the siege of ‘colonial powers’ Venezuela's President Hugo Chavez and Russian Prime Minister Vladimir Putin agreed during a telephone conversation, according to the Venezuelan Foreign Affairs ministry.
Iranian president Mahmoud Ahmadinejad blasted capitalism during a speech at Cuba's University of Havana on the third leg of a trip to highlight friendship with Latin American allies, most of them at odds with Washington's.