Home | FCA & regulatory news | British English edition
Trade Hub UK

Independent coverage of UK markets, FCA policy and institutional trading

AD Bank of England Statistics AD Investing.com Markets AD LSEG Data AD CME Group Education
FCA & Rules

Iran’s president says country faces ‘many problems’ as US ramps up sanctions

Iran’s president says country faces ‘many problems’ as US ramps up sanctions

Authorities in Tehran have acknowledged that the Iranian people are facing “many problems” as the US intensifies its efforts to isolate the country’s economy with a range of sanctions that Donald Trump has called “the most crushing economic operation ever taken against any country”.

Speaking on Sunday, Iran’s president, Masoud Pezeshkian, said Trump had thrust his country into “a full-scale economic, military and security war”. “I understand we have many problems in society right now. We are trying to prevent these as much as we can,” he said in a speech broadcast on state television.

Continue reading...