Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Iran’s Businesses Begin to Buckle Under Sanctions Threat

July 18, 2018 7:33 PM
71 0

Firms struggle to find lenders willing to finance import deals; unrest forces government to try to avoid economic isolation

Since President Donald Trump withdrew the U.S. from the nuclear deal in May, Iran’s manufacturers, Persian-rug exporters and shopkeepers have increasingly struggled to make transactions in dollars for imports of needed supplies. Foreign companies are winding down contracts and the threat of sanction...

Read more

Share in social networks:

Comments - 0