With Iran’s economy in crisis due to the war with the U.S., Iran’s membership in BRICS is a reprieve for the regime, and a blow to America: Ehsan Khandouzi, Iran’s Finance and Economic Affairs Minister, expressed hope for global engagement and for increased trade opportunities with BRICS countries, despite US sanctions. The China-led BRICS aims […]
South Korea to release $7 billion in frozen assets to Iran after consulting with Biden’s handlers
While Biden may well be looking for ways to save face in a standoff with Iran, he just gave the thumbs up for South Korea to release $7 billion in assets in Iran. Biden likely hopes this gesture will move Iran closer to negotiations with the U.S. If Biden is lucky, this money will lead […]