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Germany Says Trump’s Iraq Sanctions Threat ‘Not Helpful


BERLIN – US President Donald Trump’s threat of sanctions on Iraq was “not very helpful”, Germany’s foreign minister said on Monday. The United States president had warned Baghdad could be hit by sanctions “like they’ve never seen before” if US forces were forced to leave. “I don’t think it works …

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Post-Brexit UK always Welcome Back in EU: Timmermans


LONDON – Brexit has badly hurt Britain and “more will follow,” the European Commission vice-president wrote to the British people in a “love letter” in which he promises a warm welcome back if attitudes change. Frans Timmermans, who is the Deputy of Ursula von der Leyen in her capacity as …

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Iran Calls for Coalition with States in Region Only


TEHRAN – Iran has called for a coalition that is limited to regional countries, but is also expected to improve military ties with Russia and China, two foreign forces that condemn US-led attempts to isolate the Islamic Republic. Secretary of the Iranian Supreme National Security Council, Ali Shamkhani, met Foreign …

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Fresh EU-Russia-Ukraine Gas Talks to Take Place in Brussels


BRUSSELS – The ongoing Ukrainian-Russian geopolitical tussle once again enters the realm of energy as trilateral gas-transit talks are set to resume in Brussels between Moscow and Kyiv, RFE/RL reported Monday. Ukraine is entering the talks, mediated by EU Energy Commissioner Maros Sefcovic, as its 10-year contract with Russia expires …

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Japan and France offer Iran loan to fully comply with JCPOA


TEHRAN – Japan and France have proposed a joint plan to provide Iran with a loan of about $18.4 billion to be secured by oil if the Joint Comprehensive Plan of Action (JCPOA) on Tehran’s nuclear program was fully respected, Japanese media agencies reported Monday. According to the Mainichi newspaper, …

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Global Economy is in Low-Productivity Cycle, According to Study

GENEVA – Ten years after the global financial crisis, the world economy remains locked in a cycle of low or flat productivity growth, according to a study published on the website of the World Economic Forum (WEF) on Thursday. This year’s Global Competitiveness Report, which provides an annual evaluation of …

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