Friday, December 13, 2019

Iran’s economy on the brink of abyss due to US sanctions: IMF

Featured

Democrats to prosecute Trump on two counts: Trump says its political madness

Chairman of the Judicial Committee, Jerry Nadler, unveiled, on Tuesday, the indictments against US President Donald Trump. Nadler said -...

Greta Thunberg: “Change will come, whether you like it or not”

Greta Thunberg announced in a first Twitter message that she had managed to sneak into the Spanish capital -...

London Bridge attack raises questions on justice system in UK

The second terrorist attack on London Bridge in just two and a half years raises questions  about the justice...
Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

The International Monetary Fund (IMF) said that Iran’s economy was “on the verge of abyss” due to US sanctions on Tehran under President Donald Trump.

The International Monetary Fund – in a report by the network “Fox News” on Tuesday, mentioned that Iran is in a deep recession after the rate of inflation to about 40% in an unprecedented manner since 1980.

The network, on the other hand, citing British media, that the crisis has widened the gap between the allies of President Hassan Rouhani and opponents on the policy of ​​diplomatic relations with the United States.

Read also: Experts warn of the repercussions of Trump’s recent move towards Iran

Last week, Washington announced the end of exemptions granted to Turkey, Italy, Greece, China, India, Japan, South Korea and Taiwan from sanctions on those importing Iranian oil by next May.

Read also: Trump warns Iran of tampering oil supplies

Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

Latest News

Trump attacks Greta Thunberg after winning the Times title

President Donald Trump attacked 16-year-old environmental activist Greta Thunberg on Thursday for naming her as the Person of the...

Top Five points in the accusations leveled against Trump

The Democrats charged accusations against incumbent US President Donald Trump in the Ukraine affairs. How strong are the allegations against Trump? The decision to submit only...

New Zealand volcano death toll rises to 8

New Zealand Police announced that the death toll of the White Island volcano eruption had risen to 8. The local media network said on Wednesday...

NASA Reveals Dramatic Video of Alaska Glacier Melting

Alaska meltdown has shown how the planet is moving towards a no return situation. According to many scientific data, a scenario of a severe...

Apple redesigns SHOP tab at the App Store

Apple has unveiled a major update to the "App Store" application, which includes a new, redesigned "Shop" tab, which enhances the online shopping experience,...

Related News