Iran

Iran to Muslim world: Fight US 'economic terrorism'

The president of sanctions-hit Iran called Thursday for Muslim countries to cooperate in fighting United States (US) "economic terrorism" at the opening of a summit aimed at tackling the Islamic world's woes.Hundreds of delegates are attending the gathering in Malaysia - including heads of state and religious leaders - but the meeting has been snubbed by Saudi Arabia, home to Islam's holiest shrines.The summit has also been criticised for undermining the Organisation of Is

20 December 2019
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Iranian beauty queen wins asylum in Philippines

An Iranian beauty queen sought by Tehran on criminal charges has been granted political asylum in the Philippines, an official said Friday, ending a three-week standoff at Manila airport.Bahareh Zare Bahari, based in the Philippines since 2014, was denied entry into the Southeast Asian nation on 17 October when she returned from Dubai, with Philippine authorities citing an Iranian warrant for her arrest.Claiming Tehran wanted to punish her for opposition to Iran's theocratic regime, Baha

9 November 2019
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Iran: We are not responsible for Saudi attacks

Iran on Sunday dismissed United States (US) accusations it was behind drone attacks on Saudi oil installations, suggesting Washington was seeking a pretext to retaliate against the Islamic republic."Such fruitless and blind accusations and remarks are incomprehensible and meaningless," foreign ministry spokesman Abbas Mousavi was quoted as saying in a statement.US Secretary of State Mike Pompeo condemned Iran after Saturday's attacks, which knocked out half of Saudi Arabia&#039

16 September 2019
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High-stakes at G20 meeting

World leaders gathered in Japan Friday for one of the most high-stakes and fractious Group of Twenty (G20) meetings in years, with a bruising United States (US)-China trade war, geopolitical tensions, and climate change on the agenda.The two-day summit in the city of Osaka will be dominated by trade issues, with all eyes on whether US President Donald Trump and Chinese President Xi Jinping can reach a truce in a dispute that has been hugely damaging for the world economy.But world leaders wil

28 June 2019
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US launches cyber-attacks on Iran

Iran and the United States (US), locked in a tense standoff after the US withdrew from a nuclear deal, traded barbs Sunday the day before the US tightens sanctions against the Islamic republic.Both sides say they want to avoid going to war, but tensions have spiralled as a series of incidents, including attacks on tankers and the shooting down of a US drone by Iran in the Gulf, raised fears of an unintended slide towards conflict.On Sunday, Iran's Foreign Minister Mohammad Javad Zarif sa

24 June 2019
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What we know about the Gulf tanker attacks

Suspected attacks left two tankers in flames in the Gulf of Oman, bumping up oil prices and further raising regional tensions triggered by a bitter United States (US)-Iran standoff.The strikes on Thursday follow last month's sabotage attacks on four ships off the United Arab Emirates (UAE) that Washington blamed on Tehran.Amid rising fears of a conflict, here is what we know:What happened?In the early daylight hours of Thursday, two vessels transiting through the Strait of Hormuz towards

15 June 2019
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What happens when oil hits US$100 a barrel?

Surging crude prices are posing another headwind for the world economy after United Sates (US) President Donald Trump’s “zero” pledge on Iran oil sales.Brent crude has risen about 33 percent this year and is close to the highest in six months. While higher prices due to strong demand typically reflects a robust world economy, a shock from constrained supply is a negative.Much will depend on how sustained the spike proves to be.

29 April 2019
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Huawei CFO arrest risks Xi trade talks

The Trump administration arranged the arrest of Huawei Technologies Co.’s chief financial officer aware of potential blow-back in trade talks with Beijing but intent on showing resolve to crack down on Chinese companies accused of violating United States (US) law.The arrest happened about the same time that President Donald Trump dined with Chinese President Xi Jinping in Buenos Aires to discuss the trade war between the countries.White House National Security Adviser John Bolton, who sat at

7 December 2018
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World leaders look for progress on North Korea

North Korea and Iran will dominate this week's gathering of world leaders at the United Nations (UN), where President Donald Trump will be in the spotlight as he continues to upend global diplomacy.After warming up to North Korean leader Kim Jong-un and ditching the Iran nuclear deal, the unpredictable Trump takes the podium on Tuesday to face foes and increasingly uneasy allies at the UN General Assembly.On Wednesday, he will for the first time chair a Security Council meeting on non-pr

24 September 2018
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OPEC squabble impacts Southeast Asia

The chandeliered halls of Vienna’s Hofburg palace will be the venue for the meeting between leaders of the Organization of the Petroleum Exporting Countries (OPEC) as they decide on output policy amid calls by the major oil consuming economies of the United States (US), China and India to increase crude oil production and cool down oil prices.

21 June 2018
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Is US preparing for war?

US President Donald Trump offered cryptic remarks Thursday night while posing for photos with military leaders, saying the gathering might represent “the calm before the storm.”He made the comments among senior military leaders and their spouses in the White House State Dining Room ahead of a dinner expected to include the discussion of a range of national security issues.“You guys know what this represents?” Trump asked assembled members of the media.

6 October 2017
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