Iran
Ayandeh Bank declared bankrupt
Iran’s central bank has declared Ayandeh Bank bankrupt and transferred its assets to the state-owned Bank Melli, in a rare move within the country’s heavily sanctioned economy.
France, Germany, Britain and the United States condemned Iran's increase in production of highly enriched uranium following the IAEA report from earlier this week.
An International Atomic Energy Agency (IAEA) report seen by Reuters on Tuesday said Iran has "increased its production of highly enriched uranium © Mena Today
France, Germany, Britain and the United States condemned Iran's increase in production of highly enriched uranium following the IAEA report from earlier this week.
"We urge Iran to immediately reverse these steps and de-escalate its nuclear programme," the spokespersons for the countries said in a joint statement on Thursday.
"We remain committed to a diplomatic solution and reaffirm our determination that Iran must never develop a nuclear weapon," the statement said.
An International Atomic Energy Agency (IAEA) report seen by Reuters on Tuesday said Iran has "increased its production of highly enriched uranium, reversing a previous output reduction from mid-2023."
Reporting by Baranjot Kaur in Bengaluru; Editing by Chris Reese
Iran’s central bank has declared Ayandeh Bank bankrupt and transferred its assets to the state-owned Bank Melli, in a rare move within the country’s heavily sanctioned economy.
Iran will not return to negotiations with the United States as long as Washington makes "unreasonable demands," the Iranian foreign minister said on Wednesday according to the semi-official Tasnim news agency.
Iran's economy is at risk of simultaneous hyperinflation and severe recession, officials and analysts say, as clerical rulers scramble to preserve stability with limited room to manoeuvre after a snapback of U.N. sanctions.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.