Oil company faces U.S. fines for dealing with Iran
The U.S. has fined Schlumberger, a French petroleum company, $232 million for dealing with Iran and Sudan. Reuters reports that the actual fine is $155.2 million, but the company also has to pay $77.6...
View ArticleIran receives latest release of assets held by sanctions
Iran’s Central Bank says another $490 million worth of Iranian assets frozen in foreign banks has been released. Iran Central Bank IRNA reports that the fifth installment in the third round of...
View ArticleU.S. alleges smuggling ring moved forbidden goods into Iran
The U.S. Department of Justice has accused four companies and five individuals of making “illegal” exports of electronic and military equipment to Iran. Reuters reports that these entities are charged...
View ArticleRejoining the Iran Nuclear Deal Is Wiser than Destroying It – A European...
More than 20 high-ranking members of European institutions and think-tanks issued a joint call on the United States to reconsider its approach to the Iran nuclear deal, warning of “undercutting”...
View ArticleIran Faces Difficulty in Printing Schoolbooks due to Paper Price Increase,...
Iran faces difficulty in printing schoolbooks for the next school year, according to a senior official in the Research and Planning Organization of Iranian Education Ministry. A considerable increase...
View ArticleWhat is the Danish Pharmaceutical Company hiding in Iran?
The Danish pharmaceutical giant, Novo Nordisk, says that it has been operating in Iran since 2005 based on its “responsibility and commitment to patients with chronic diseases”. But business experts...
View ArticleEuropean attempt to facilitate trading with Tehran has landed between a rock...
Europe’s attempt to circumvent US sanctions has been a complete failure, according to experts and business organizations. Neither businesses or governments dare challenge the US, they say. Since the...
View ArticleIran, backed by China, is aiming for insulin independence
Iran has succeeded in producing analog insulin pens, called Basalin. Officials claim that in the near future there will be no shortages in the Iranian pharma market, despite being hit by US sanctions....
View ArticleNovo Nordisk in Iran: An Investigation
Novo Nordisk Pars is the third biggest Pharmaceutical importer in Iran in terms of turnover and one of the six Pharma companies that receive the highest amount of subsidized foreign currency from...
View ArticleThe US Election and the Iranians’ Views: a Reflection of the Hatred for the IRI
About 1,000 Zamaneh Media audience members took part in a poll, expressing their views on the upcoming United States presidential election as it relates to Iranian domestic and foreign policies....
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