Eye on Iran: German Rail Operator, Deutsche Telekom End Iran Projects

TOP STORIES

German Rail Operator, Deutsche Telekom End Iran Projects | Reuters

German rail operator Deutsche Bahn [DBN.UL] and Deutsche Telekom are ending projects in Iran after Washington imposed new sanctions against Tehran and said firms doing business with Iran would be barred from doing business with the United States.

German Carmaker Amongst EU Firms Defeating Brussels Solidarity Over Trump's Iran Sanctions | Express (U.K.)

German carmaker Daimler has shelved business plans in Iran despite the European Union’s best efforts to counter Donald Trump’s decision to reimpose sanctions on Tehran.

Economic Crisis in Iran Leading to Job Cuts And Inflation | Radio Farda

Iranian Auto parts manufacturers says 450 thousand workers in this industry are likely to lose their jobs as a result of Iran's foreign currency crisis. At the same time, Iranian media report that rising prices of foodstuff and cost of housing on a daily basis make life harder for most Iranians.

UANI IN THE NEWS

Iran Is Throwing a Tantrum But Wants a Deal | UANI Senior Adviser Dennis Ross for Foreign Policy

Despite its defiant warnings, Tehran will eventually negotiate with Donald Trump—as long as Vladimir Putin mediates.

NUCLEAR DEAL & NUCLEAR PROGRAM

Iran Supreme Leader Admits Mistake over Nuclear Talks | Reuters

Iranian Supreme Leader Ayatollah Ali Khamenei has admitted he made a mistake in allowing the country’s foreign minister to speak to his U.S. counterpart during negotiations that led to a 2015 international nuclear agreement.

SANCTIONS, BUSINESS RISKS, & OTHER ECONOMIC NEWS

Sanctions Set to Cripple Iran Economy As UK Solar Firm Joins Exodus | National (UAE)

The imposition of US sanctions is set to wreak a devastating impact on the already battered Iranian economy and blame for the increasing hardship is settling firmly with the Tehran’s “mad” regime, a leading trade expert has warned.

Iran VP Says US Trying to Force ‘Surrender’ with Tariffs: Report | The Hill

The vice president of Iran reiterated that Iran won't negotiate with the United States, saying the U.S. is trying to make Iran “surrender” by reimposing sanctions on the country, according to the Fars News Agency.

Iraq Religious Tourism Squeezed by Iran Sanctions | AFP

With hotels facing mass cancellations, Iraqis in the holy city of Najaf are being hit hard by US sanctions on neighbouring Iran, which have forced cash-strapped pilgrims to stay home.

Iran Oil Minister to Press OPEC on Production Quotas | Oil Price

Iran’s Oil Minister Bijan Zanganeh will attend the September meeting of the Joint Ministerial Monitoring Committee of OPEC and Russia and will probably press his OPEC partners to preserve original member production quotas, S&P Global Platts reports, quoting an Iranian oil ministry official.

Iran Minister Shocked By $250 Billion of Import Requests | Radio Farda

Iran’s Minister of Industry, Mines and Business says, fluctuations in the local forex market in the past four months have tripled the number of applications for import licenses worth $250 billion dollar. Describing the figure as “unbelievable”, Mohammad Shariatmadari has insisted that a “number of” profiteering individuals are trying to “fish in troubled waters”, referring to the current currency and economic crisis.

Iran’s Economic Troubles Gives US Diplomatic Tool | Justin Roy for Providence

Sanctions are not a vindictive method of destroying the Iranian people but a tool to bring about a change in the state’s tyrannical policy. Should the Iranian government want relief from sanctions, let it first cease destroying its citizens.

Blockchain Authoritarianism: The Regime In Iran Goes Crypto | Yaya Fanusie for Forbes

Iran recently announced plans to develop its own national cryptocurrency in order to circumvent U.S. sanctions... Like with the regime in Venezuela, which tried to launch its own cryptocurrency earlier this year, this appears to be a desperate attempt by Tehran to defy Washington while trying to usurp the burgeoning growth of Bitcoin in Iran. Tehran’s cryptocurrency pivot likely is aided by Russia as part of a collaborative attempt to build a new system for global financial transactions to help their respective banks become “sanctions resistant.” Ironically, this authoritarian embrace of blockchain technology conflicts with the ideals of libertarianism and censorship-resistance supported by many cryptocurrency enthusiasts.

PROTESTS & HUMAN RIGHTS

EU Concerned Over Detention of Human Rights Lawyer in Iran | Guardian (U.K.)

The European Union has expressed serious concerns about the continuing detention of Nasrin Sotoudeh, the prominent Iranian human rights lawyer who is serving a five-year jail sentence. S

Jailed Iranian Rights Lawyer Charged with Espionage, Her Lawyer Says | Radio Free Europe

A prominent human rights lawyer in Iran, Nasrin Sotoudeh, is facing accusations of espionage on top of charges already leveled against her, Sotoudeh's lawyer says.

Iran Rights Advocate Spy Sentence Unlawful: Defense Team | Agence France-Presse

Lawyers for Iran's award-winning human rights advocate Nasrin Sotoudeh said Wednesday that her five-year sentence on spying charges was unlawful as she was never charged or given the chance to appear in court.

Iranians Want Our Country Back | Reza Pahlavi for the Wall Street Journal

The Iranian people have a message: We want our country back.

IRANIAN INTERNAL DEVELOPMENTS

Tehran Official: 'Tsunami' Of Poverty Bearing Down on Iran | Voice of America

A municipal leader in the Iranian capital, Tehran, has issued a stark warning about Iran's economic problems, saying a "tsunami" of poverty is bearing down on society.

‘Corruption Dragon’ Feeds on ‘Good Genes’ in Iran | Asharq al-Awsat (U.K.)

With growing public discontent about the deteriorating economic situation in Iran, corruption - once seen as a taboo - has become a source of discussion by the public.

Where Is Your Kid? Iranians on Social Media Target Nepotism | Radio Free Europe / Radio Liberty

A newly launched social media campaign is pressuring Iranian officials to come clean about potential privileges their children enjoy due to their influence and connections.

RUSSIA, SYRIA, ISRAEL, HEZBOLLAH, LEBANON & IRAN.

Assad’s Advances Heighten Iran-Russia Rift in Syria | Al Monitor

In Syria, it's increasingly clear that Iran and Russia aren't getting along the way they did in 2015 when Moscow first intervened to help keep President Bashar al-Assad in power.

Putin May Meet Leaders of Turkey, Iran at Summit In Sept – Kremlin | Reuters

Russian President Vladimir Putin may take part in a summit with the leaders of Turkey and Iran at the beginning of September, Kremlin spokesman Dmitry Peskov told reporters on a conference call on Thursday.

Hezbollah Official Warns of 'National Division Govt' | Daily Star (Lebanon)

A member of Hezbollah's central council warned Wednesday that Lebanon might be headed toward a “national division government” rather than the national unity government that the prime minister-designate has been pursuing, the state-run National News Agency reported.

 

Hezbollah Footage from 2005 Shows Abduction Attempt | Jerusalem Post

 

Hezbollah-affiliated media released footage Sunday night of clashes with IDF troops in 2005 after an infiltration of the northern village of Ghajar.

TURKEY & IRAN

How Turkey's Current Problems Could Benefit Iranian Oil | Ellen Wald for Investing.com

As most everyone knows by now, the Turkish lira is struggling. On Monday, its value dropped to more than 7 lira to the dollar before rebounding slightly. If Turkey’s currency issues continue, there could have far reaching implications for oil markets—particularly when the US sanctions against the Iranian oil industry take effect in November.

Turkish, Russian, Iranian Leaders Play the Autocratic Blame Game | Radio Free Europe / Radio Liberty

 

Erdogan is not the only autocratic leader to condemn domestic and foreign enemies to deflect blame and attention from his own failings. Iranian Supreme Leader Ayatollah Ali Khamenei and Russian President Vladimir Putin have also blamed Western "plots," fifth columnists, and "foreign agents" for the countries' economic and political plights.

 

OTHER FOREIGN AFFAIRS

 

Caspian Summit Fails to Resolve Issues Between Iran and Nearest Neighbors | Radio Free Europe / Radio Liberty

 

Though the presidents of Azerbaijan, Iran, Kazakhstan, Russia, and Turkmenistan have long left the Caspian Sea summit, several questions remain about the joint document dividing the sea that they signed in Aqtau on August 12. Though some progress was made and several longstanding issues resolved -- the major undecided problem appears to be how to satisfactorily divide the maritime borders of Azerbaijan and Turkmenistan with Iran.