Connect with us

World

US may reimpose sanctions on Iran: Official

Published

on

Donald Trump
Representative Image

Washington, Jan 12: The US is planning to reimpose sanctions on Iran, an official said ahead of President Donald Trump’s decision on sanctions relief on Tehran under the 2015 nuclear deal.

“I am expecting new sanctions on Iran. We continue to look at them. We’ve rolled them out,” US Treasury Secretary Steven Mnuchin told reporters on Thursday at a White House briefing.

Mnuchin’s remarks came as the world was waiting for Trump to decide if he would reimpose sanctions on Iran, a move that might endanger the landmark Iran nuclear deal.

Trump’s decision was expected to be made at a Thursday meeting, Xinhua quoted US State Department spokesperson Stephen Goldstein as saying.

“I’m not sure when the announcement will be, whether it will be tonight, or whether it will be tomorrow. But we do expect a decision to be made later today,” Goldstein told reporters.

In a telephone conversation with Trump on Thursday, French President Emmanuel Macron reiterated “the determination of France to support the strict implementation of the 2015 Iran nuclear agreement and the importance of it being respected by all signatories,” said the Elysee Palace.

In July 2015, after a decade of strenuous negotiations, Iran and six major countries — China, Russia, Britain, France, the US and Germany, struck a final agreement on Iran’s controversial nuclear program, in which the West promised to relieve sanctions on Tehran in exchange for a halt in Iran’s efforts to develop a nuclear weapon.

However, as one of the most significant diplomatic legacies of Trump’s predecessor Barack Obama, the hard-won nuclear deal formally known as the Joint Comprehensive Plan of Action (JCPOA) has been running the gauntlet of Trump on his campaign trail and since he became president.

In October, Trump announced that he had decided to decertify Iran’s compliance with the pact.

His move triggered a 60-day window for Congress to decide whether to reimpose sanctions on Iran. Reimposing sanctions would mean violating the Iran nuclear deal on the US side.

The Congress did not come up with any resolution, thus passing the ball back to Trump, who should decide on Friday if he would like to waive energy sanctions on Iran.

Despite the Iran nuclear deal, the US has kept on slapping separate sanctions on Iran, accusing the country of having a ballistic missiles program as well as human rights abuses.

IANS

Nature

France ditches plans for controversial west coast airport

Activists on the 1,600-hectare rural site say they have developed it into a utopia of organic farming and political debate.

Published

on

Edouard Philippe

The French government on Wednesday formally abandoned decades-old plans for a controversial new airport on the west coast that became a site of resistance for environmental activists.

In a keenly awaited announcement, Prime Minister Edouard Philippe said the divisions unleashed by the proposed new airport at Notre-Dame-des-Landes near the city of Nantes made it impossible to proceed.

“The project cannot go ahead in a climate of bitter opposition between two sides of the population that are nearly equal in size,” he said, adding: “The project is therefore abandoned.

The decision ends years of debate over a project first mooted in the 1960s — but sets the stage for a possible standoff with environmental activists who have been occupying the airport site for the past decade.

Activists on the 1,600-hectare rural site say they have developed it into a utopia of organic farming and political debate.

Philippe gave them until the spring to leave voluntarily, after which they would be evicted.

“We will put a stop to the no-go zone which has flourished in this area for nearly 10 years,” he said.

Continue Reading

World

North Korea to send 550-strong delegation to Winter Olympics: South Korea

Published

on

North Korea

New Delhi, Jan 17: South and North Korea began their second high-level meeting on Wednesday to discuss North Korea’s participation in the Winter Olympic Games to be held in South Korea.

North Korea and South Korea agree to march together under unified Korea flag at Winter Olympics, said South Korea. North Korea to send a 550-strong delegation to the Winter Olympics – South Korea.

The Winter Olumpic Games will begin on February 9 in the South Korean county of Pyeongchang.

This is the second high-level inter-Korean meeting in little more than a week, after both countries held their first such meeting in two years on January 9, Efe reported.

Both countries agreed to convene future military meetings to avoid further conflicts and to discuss the appointment of a North Korean delegation to Pyeongchang.

The South Korean delegation is led by Deputy Unification Minister Chun Hae-sung, while the three-member North Korean delegation is led by Jon Jong-su, vice chairman of the Committee for the Peaceful Reunification of the Country (CPRC), an organization in charge of inter-Korean affairs.

The meeting will be carried out “in a calm manner, on the basis of the spirit of mutual respect and understanding,” South Korean Vice Unification Minister Chun said.

During the meeting, North Korea is expected to announce its decision on South Korea’s offer to march together during the opening and closing parades of the games, as well as on whether or not North Korea will allow its athletes to officially compete in the events.

However, Pyongyang has yet to respond to the request made by Seoul on January 9 to hold a meeting in mid-February for families whose members were separated by the 1950-1953 Korean Wars.

South Korea’s vice Unification Minister noted that, given the approaching start of the 2018 Winter Olympics, it is very likely that the Wednesday dialogue will focus only on the sports event.

WeForNews

Continue Reading

World

Goldman Sachs reports 4Q loss on big charge for US tax reform

Published

on

New York, Jan 17: Goldman Sachs on Wednesday said it lost $1.93 billion in the fourth quarter, as the bank had to record more than $4 billion in charges related to the new tax law.

Goldman witnessed a net loss of $5.51 a share, as compared with a profit of $2.35 billion, or $5.08 a share, in the same period last year, according to The Washington Post report.

Excluding the one-time charges, the bank gained $5.68 a share, beating analysts’ estimates.

The $4.4bn charge forced Wall Street bank Goldman Sachs into its first quarterly loss since the third quarter of 2011.

WeForNews

Continue Reading

Most Popular