U.S. Treasury

  • Iranian-born economic adviser to the European Union Mehrdad Emadi believes Iran’s major deposits and blocked money are in Russia as the country transferred over $31b of its money into the Russian banks and in return it received Russian currency roubles which was a strange move which led to decline of its value by 40 percent.

  • The United States imposed sanctions on Iran’s civilian space agency and two research organizations on Tuesday, saying they were being used to advance Tehran’s ballistic missile program.