Iran and Russia have called on Saudi Arabia to halt airstrikes on Yemen as supporters of Yemen’s ruling Houthi militants stage demonstrations throughout the country, protesting against the Saudi-led military intervention.
Speaking to Iranian President Hassan Rouhani, Russia’s Vladimir Putin called for an “immediate cessation of military activities” in Yemen and increased efforts to find a peaceful solution to the crisis, the Kremlin said in a statement on Thursday.
Iranian Foreign Minister Mohammad Javad Zarif said that military operations against Yemen will only lead to further destabilization of the region, which has fallen under Houthi control after an onslaught of increased violence in recent months.
Posted onJanuary 28, 2015bylucas2012infos|Comments Off on Iran, Russia To Create ‘Joint Bank’ For Trade In National Currencies – Ambassador – 28 January 2015
Iran and Russia are planning to switch their bilateral trade to national currencies for which the states will create a joint bank or a mutual account, Iran’s ambassador to Russia, Mehdi Sanaei, has announced.
“Both sides plan to create a joint bank, or joint account, so that payments may be made in rubles and rials and there is an agreement to create a working group [for this],” Ambassador Sanaei told Sputnik on Tuesday.
“In order to do this, meetings need to be held between the deputy heads of the Central Banks of Russia and Iran,” Sanaei said. “I hope this visit will happen soon.”
Russian officials and experts warned that oil prices will remain below $80 per barrel for some time, after OPEC’s decision not to cut output. It will hurt the economies of Russia, Iran, and Venezuela – and deal a blow to shale oil production in the US.
OPEC announced on Thursday that it will not be changing production levels, leaving the daily output ceiling at 30 million barrels despite oversupply concerns and soft oil prices.
Following the meeting, Russian Minister of Finance Anton Siluanov said that Moscow needs to review its state budget under the conditions that oil prices are likely to remain at around $80 per barrel, and not $100 per barrel, for the next few years, RIA Novosti reported.
Posted onSeptember 29, 2014bylucas2012infos|Comments Off on Kazakh President Proposes Free Trade Zone With Russia, Iran, Other Caspian States – 29 September 2014
Kazakhstan’s President Nursultan Nazarbayev has suggested establishing a free trade zone involving Russia, Azerbaijan, Iran, Kazakhstan and Turkmenistan; all bordering the Caspian Sea and oil-rich.
Nazarbayev suggested the idea at the fourth Caspian Summit, where leaders from the five countries have gathered in Astrakhan, Russia, on Monday.
“Taking into consideration the situation on the world market, we could investigate the possibility of bringing the economies of our countries closer to involve mutual trade. Before regulating the legal status of the Caspian [Sea] we may lay down the foundations for mutual economic activities. I suggest looking into the suggestion of creating a Caspian free trade zone,” Nazarbayev said, as quoted by RIA Novosti.
Posted onMarch 10, 2014bylucas2012infos|Comments Off on Mish/ Mike Shedlock – War Talk Roundup: China Has “No Room For Compromise With Japan”; Spotlight On China, Japan, US, Iran, Russia, Ukraine, North Korea – 10 March 2014
The global macro picture is bad enough in and of itself. Simmering feuds between rival nations certainly do not help the picture. Here are a few recent stories that caught my eye.
Iran and six leading world powers, the P5+1, have agreed to implement the nuclear deal reached in Geneva in November starting from January 20. Under the agreement, Tehran receives sanction relief in return for steps to curb its nuclear program.
However, a senior US official said Sunday that Iran will not get all of the sanctions relief until the six-month implementation period ends, Reuters reported.
“Access to a portion of these funds will be linked to Iran’s progress in completing the dilution process for 20 percent enriched uranium,” said the official, referring to Iran’s commitment to dilute half of its enriched uranium to no more than 5 percent.
Peter B. Collins, Sibel Edmonds and James Corbett of BoilingFrogsPost.com present the latest BFP series, the BFP Roundtable. In this pilot edition of the series the panel discusses the latest “reporting” on Guantanamo by 60 Minutes, the truth about the Iranian nuclear deal, and the importance of open source journalism. Stay tuned to BoilingFrogsPost.com for future editions of this series. Continue reading →
Comments Off on James Corbett – The Corbett Report – BFP Roundtable #01 – Guantanamo, Iran, Open source – 1 December 2013
Posted onNovember 16, 2013bylucas2012infos|Comments Off on CommonDreams – Gareth Porter – Russian Foreign Minister Reveals Amended Draft Circulated at ‘Last Moment’ – 16 November 2013
Russian Foreign Minister Sergey Lavrov revealed a crucial detail Thursday about last week’s nuclear talks with Iran in Geneva that explains much more clearly than previous reports why the meeting broke up without agreement.
Lavrov said the United States circulated a draft that had been amended in response to French demands to other members of the six-power P5+1 for approval “literally at the last moment, when we were about to leave Geneva.”