US unilateral sanctions aganist Iran, violate China sovereignty according to Analyst

China has been buying lots of gold. China has been making deals with every superpower except the US to deal with these countries in their own currencies. Ad while China as an economic power is collapsing it is clearly not intending to stay depressed very long. In order to recover China has to have access […]

‘Sanctions won’t hinder Iran-China trade’

China has once again condemned the United States’ unilateral sanctions imposed on the Islamic Republic of Iran, saying the US is seeking to internationalize its unilateral sanctions. On Saturday, the Chinese Foreign Ministry says Beijing will maintain its normal cooperation with Tehran in the areas of energy and trade. The Chinese Foreign Ministry made the […]

U.S. imposes sanctions on banks dealing with Iran

President Barack Obama signed into law on Saturday a defense funding bill that imposes sanctions on financial institutions dealing with Iran’s central bank, while allowing for exemptions to avoid upsetting energy markets. The sanctions target both private and government-controlled banks – including central banks – and would take hold after a two- to six-month warning […]