Iranians and international investors are excited at the prospect of economic era for the previously sanction-hit country. But they are celebrating with restraint.
The US Treasury has sanctioned two German companies involved in an elaborate counterfeit currency scheme. "Hundreds of millions of dollars" in Yemeni bank notes were likely made with the help of Iran's elite Quds Force.
Bilateral trade between the Asian economic powerhouse and its isolated neighbor dropped to its lowest level in nine months, indicating that UN sanctions against North Korea are beginning to take a toll.
After a nine-year hiatus, the US has redesignated North Korea as a state sponsor of terrorism. The move comes amid ongoing unease over Kim Jong Un's nuclear ambitions.
The leaders of Russia, Turkey and Iran have met in Sochi to discuss strategy in Syria. Meanwhile, some parts of the Syrian opposition forces met in Saudi Arabia ahead of UN-backed peace talks.
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