'Cutting Iran's oil from market by November impossible'
'Cutting Iran's oil from market by November impossible'
Japan imported an average of 165,481 barrels per day of Iranian oil in fiscal 2017-18
28 June, 2018, 04:13
Those demonstrations, which largely took place outside of Tehran in some 75 smaller cities and towns, were seen as the largest protests since 2009. "Without question, they should be reduced", the official said.
Indian and USA officials are now meeting for talks in New Delhi to try to resolve a growing trade dispute triggered by the Trump administration's decision to hit Indian steel and aluminum exports with new tariffs.India has promised to retaliate with tariffs on 29 U.S. products, starting August 4.
The country also banned imports on 1,300 products, including appliances, textiles, and healthcare in a move to resist USA sanctions.
Iran's President Hassan Rouhani accused the USA on Tuesday of waging an economic war against his country. The rial traded at 78,500 against the dollar in the unofficial market on Wednesday, according to foreign exchange website Bonbast.com.
The bazaar strike is the biggest sign of domestic disquiet in Iran since the United States abandoned a deal to lift economic sanctions in return for curbs to Tehran's nuclear program. At the end of 2017, it stood at 42,890. "But we will not sacrifice our independence", said Rouhani in an address broadcast on state television. Companies such as Reliance Industries, the conglomerate run by India's wealthiest man, made a decision to halt oil imports from Iran last month, Reuters reported.
Hundreds of merchants gathered in front of parliament in Tehran on Monday to protest at the rial's fall, witnesses said.
Iran eased its "resistance economy" policy after many worldwide sanctions were lifted in January 2016 under the nuclear deal.
Massive protests have erupted in Iran with in recent days as the country's economic crisis worsens, with many Iranians blaming the government's costly foreign interventions as the root of their economic ills.
He predicted Iran might ultimately enter a fresh recession as lower oil revenues prompted the government to put public sector projects on hold and as the economy became more militarized in response to USA pressure.
A senior Revolutionary Guards commander, meanwhile, on Wednesday that it was the responsibility of all Iranians to help the government overcome economic problems.
In the face of the public show of discontent, officials sought to reassure Iranians while President Hassan Rouhani dismissed the demonstrations as "foreign media propaganda", and accused the USA of waging a "psychological, economic and political war" on Iran.
"As always, America wants to break apart the power, glory of the Islamic Republic of Iran and grandeur of the system and the nation with a new method", Rouhani claimed, as he sought to reassure Iranians growing angry by the day over the regime's handling of the economy.
Concern about the rial's vulnerability is prompting ordinary Iranians to pour money into non-cash assets. "We condemn the government's same futile tactics of suppression, imprisonment of protestors, and the denial of Iranians' frustrations".
Oil prices surged more than 2.5 per cent in NY as traders digested the prospect of a much larger than expected loss of Iranian supply this winter.
But after a 1-1 draw against Switzerland, Brazil needed two injury-time goals to pull out a 2-0 victory over Costa Rica . If both draws are with the same score, Germany finish second due to their head-to-head win over Sweden.
Beijing is also suspicious of USA intentions toward self-governing and democratic Taiwan, which is armed by the United States. Mattis said he sought "open dialogue" at a strategic level when he met with military officials in Beijing .
With Mexico taking control of the group, Germany can still finish as the runner-up with good results in their last two matches. World champions Germany failed to progress to the knockout stages at the 2018 World Cup after losing 2-0 to Korea Republic .
While this does fill in a few gaps in the Apple/Beats lineup of headphones, this is a roll of the dice for Apple. High-end AirPods, a new HomePod and over-ear headphones are coming as soon as next year, reported Bloomberg .
China and the European Union will exchange offers related to market access at an upcoming summit in July, Liu said on Monday. The administration could declare an economic emergency, or IEEPA, to justify the restrictions, according to the report.
Mexico will clinch their place in the next round if Germany fail to beat Sweden in the other Group F game later on Saturday. Vela put Mexico ahead in the 26 on a penalty kick after the handball in the box by a South Korea defender .
While Trump has repeatedly claimed that the USA can win trade wars, victims are starting to pile up at home and overseas . With the European Union tariffs applied, the average cost of a bike faces an increase of around $2,200, it's calculated.
While Mexico's defense has been solid, Ochoa is the biggest reason that El Tri have given up just one goal in the tournament. Mexico has been in complete control of its previous two matches, beating Germany 1-0 and recent South Korea , 2-1.
Uruguay take top spot
Uruguay have finished as first round group winners for the fifth time, having done so previously in 1930, 1950, 1954 and 2010. But perhaps the biggest plus was the late goal from Cavani, who had been frustrated during the group stage.
IOS 12 public beta: the best features
There's a lot to like about Apple's new update , but there are some reasons why you might want to keep your device on iOS 11 . However, it is still recommended to download the beta profile on a spare iOS device and not your primary iPhone or iPad.
Hamilton tops charts on first day of French GP practice
McLaren still fared better than former champions Williams, who had Russian Sergey Sirotkin 19th and Canadian Lance Stroll 20th. Renault's Carlos Sainz was seventh fastest and Sauber's Charles Leclerc an eye-catching eighth.
Hamilton gets more powerful engine for France
He eventually pitted after 33 laps and came out behind Raikkonen, who led him by three seconds with Verstappen third. Fernando Alonso , who won the 24 Hours of Le Mans just last weekend, found himself classified 16th in the race.
Kushner Rips Abbas, Says Mideast Peace Plan Due 'Soon'
Kushner said Arab leaders had told him they wanted to see a Palestinian state, long the foundation of USA policy in the region. Palestinians seek east Jerusalem as the capital of a future state they hope will also include the West Bank and Gaza Strip.
Travis Scott Performs Medley Of Hits At NBA Awards Show
Harden becomes the third Rocket ever to win the award, joining Moses Malone (1978-79 and 1981-82) and Hakeem Olajuwon (1993-94). Unfortunately for him, his incredible playoff run didn't factor into the voting (since MVP is a regular-season award).
VAR helps Spain claim draw with Morocco
Spain's brand of football makes them easy on the eye and Isco and Iniesta provide the creativity to cut open defences. Spain will take on Russian Federation while Portugal will come face to face with Uruguay .
Win or bust for Iceland against familiar foe Croatia
We're here to get a result. "We know we're up against the wall but beating Croatia before gives us belief", said the midfielder. While Sampaoli is under huge strain as he fights to save his reputation, Nigeria coach Gernot Rohr faces less pressure.