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Iran Looks to Prosecute U.S. ‘Thugs’ Over Latest Financial Sanctions

Iran Looks to Prosecute U.S. ‘Thugs’ Over Latest Financial Sanctions

Iranian judges have said they plan to set up a special court to prosecute American officials over Washington, D.C.’s sanctions campaign against Tehran, in what amounts to a symbolic move showing Iranian fury over what the regime has termed “economic terrorism.”



A woman walks past a mural painted on the outer walls of the former U.S. embassy in the Iranian capital Tehran, on September 29, 2020.


© ATTA KENARE/AFP via Getty Images/Getty
A woman walks past a mural painted on the outer walls of the former U.S. embassy in the Iranian capital Tehran, on September 29, 2020.

Iranian deputy judiciary chief Ali Baqeri told Iranian media Monday that the judiciary will set up a new branch to prosecute supporters of U.S sanctions, the Fars News Agency reported.

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Baqeri’s proposal was welcomed by judiciary chief Seyed Ebrahim Rayeesi, who said the U.S. decision to impose further sanctions “makes us more determined to remain committed to our positions and measures against the hegemonic system.”

Baqeri described the latest round of sanctions as a crime against humanity and said the U.S. administration had a “madness for crime” against Iran. Baqeri said the cases could be heard by national and local Iranian courts, which means any prosecution would carry no weight internationally and be a purely symbolic measure.

The U.S. announced last week that it would blacklist 18 Iranian banks that had previously escaped some American sanctions. The move will effectively cut Tehran off from the global financial market as President Donald Trump’s administration seeks to cripple the regime ahead of November’s presidential election.

Iranian officials reacted furiously, warning that the measures would prevent the country from accessing much needed humanitarian and medical supplies. The U.S. has repeatedly stressed that the sanctions have loopholes for humanitarian and medical aid. But Tehran says sanctioning banks indirectly limits aid due to the targeted institutions’ role in facilitating imports.

Iran’s Revolutionary Guard Surrounds U.S. Navy In Persian Gulf Encounter

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Daily Mirror – SLT partners with Land Maark Engineering to provide telecommunication solutions to latest condominiums

Daily Mirror – SLT partners with Land Maark Engineering to provide telecommunication solutions to latest condominiums



Participants at the agreement signing, from left to right include: from Land Maark Engineering Ms. Sridhukshika Srimanoharan (Project Engineer), Mr. Vettivel Vaheeswaran (Project Coordinator), Mr. Thanikasalampillai Nanthanan (Chairman / Managing Director). From SLT – Mr Kiththi Perera (CEO), Mr Imantha Wijekoon (Chief Sales and Regional Officer), Mr Chethana Attanayake (General Manager), Ms Chithra Kumari  (Senior Executive Assistant Manager).

Sri Lanka Telecom (SLT) recently signed a partnership with Land Maark Engineering, one of the leading condominium developers in the country. Accordingly, SLT will provide telecommunication infrastructure and services to the Land Maark Towers situated in Colombo 6, Dehiwala and Mount Lavinia.

SLT will be instrumental in facilitating the infrastructure and all its telecommunication services to Land Maark Towers and the occupants of the buildings. This will also include enabling in-building solutions through its mobile telecommunication arm, Mobitel. 

The agreement was signed by Mr Kiththi Perera – Chief Executive Officer and Mr Imantha Wijekoon – Chief Sales and Regional Officer on behalf of SLT, and Mr T. Nanthanan – Managing Director of Land Maark Engineering (Pvt) Ltd.  

Land Maark condominium are built on the principle of sustainability allowing plenty of daylight and natural ventilation to conserve energy. Built on a legacy of trust and integrity, Land Maark condominiums are known for using superior technology and building material, with a trusted name in the island.

No luxury apartment is completed without a state-of-the-art ICT infrastructure in place, which is where SLT steps in; to power the residents with telecommunications services, ultra-fast broadband connectivity provided through fibre technology as well as the next revolution in entertainment television, PEO TV. SLT will provide the backbone necessary for a Smart Building that will transform ordinary lives of residents into truly digital lifestyles in the near future. 

“As an industry that has been contributing largely to

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TikTok ban: Pakistan cuts ties with app in latest China snub – ‘Immoral and indecent!’ | World | News

TikTok ban: Pakistan cuts ties with app in latest China snub – ‘Immoral and indecent!’ | World | News

The ban was issued by the Pakistan Telecommunication Authority over long-standing issued with content filtering to the app’s young users. TikTok has claimed it follows the “law run markets where the app is offered”. Pakistan is the latest country to ban the app, following neighbouring India and threats from the US.

The Pakistan Telecommunication Authority issued a statement saying the app had failed to follow the country’s request to monitor unlawful content.

They said they issued the ban over “complaints from different segments of the society against immoral and indecent content on the video-sharing application”

The PTA has said they will remain in discussions with TikTok and owners ByteDance over lifting the ban.

But the authority has warned the app it would only be lifted if a satisfactory mechanism to moderate unlawful content was added to the platform.

READ MORE: TikTok ban: Trump humiliation as US judge HALTS ban hours before it was set to start

TikTok has responded to the PTA’s ban, and claimed it remains “committed to following the law in markets where the app is offered”.

They added: “We have been in regular communication with the PTA and continue to work with them.

“We are hopeful to reach a conclusion that helps us continue to serve the country’s vibrant and creative online community.”

TikTok reportedly has over 20 million monthly active users in Pakistan, and is the third most downloaded app in the country.

Pakistani TikTok stars and users have urged Mr Khan to revoke the ban.

Hareem Shah urged the PTA ahead of the ban to reconsider blocking access to the app as TikTok already moderates content on its platform.

She said: “TikTok administration removes such content itself. Hence there is no need to place a ban on the video-sharing application.”

Jannat Mirza, in September, also

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BP Ignores Oil Market Fundamentals In Latest Energy Outlook

BP Ignores Oil Market Fundamentals In Latest Energy Outlook

Peak demand has been on the oil industry’s radar for some time but mainly as a distant event with vague implications. BP tried to change that last month with a bearish long-term forecast for oil demand that said peak demand is either here now or will arrive in the next few years.

The UK oil major has made a cottage industry of its long-term Energy Outlook, which is eagerly awaited by oil and gas companies for its insights about future supply-demand trends. However, the overall response this time from most in the industry was that BP jumped the shark.

It’s true that the Covid-19 pandemic has stunted oil demand — and continues to do so — but to suggest that the market won’t recover to its pre-virus growth trajectory is quite a leap. One only has to look at BP’s new business strategy to see what is more likely driving the forecast. 

Along with several of its European peers, BP aspires to “net-zero” carbon emissions by 2050 and plans to shift investment away from its core oil and gas operations to low-carbon and renewable energy projects in the coming years. 

Under its plan to become an “integrated energy company,” BP will boost its low-carbon spending to $5 billion annually by 2030 while reducing oil and gas production by at least 1 million barrels of oil equivalent per day from 2019 levels. That

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What does RBI’s latest consumer surveys tell us?

What does RBI’s latest consumer surveys tell us?



a sign on the side of a building: Explainer: What does RBI's latest consumer surveys tell us?


© Reuters
Explainer: What does RBI’s latest consumer surveys tell us?

The findings of RBI’s latest consumer surveys offer some insights to the general economic situation. According to this, consumers expect improvements in the general economic situation, employment conditions and income scenario during the coming year. The discretionary spending, however, is expected to remain low in the near future, the survey said.

The RBI conducted the last round of consumer confidence surveys during August 29 – September 10 in thirteen major cities. The survey assessed perceptions and expectations on general economic situation, employment scenario, overall price situation and own income and spending from 5,364 households across these cities.

According to the survey findings, more respondents reported curtailment in both overall and essential spending during the past one year, when compared with the last survey round. Households were, however, more confident for the year ahead, the survey showed.

The current situation index (CSI) recorded its third successive all-time low, as the respondents perceived further worsening in the general economic situation and employment scenario during the last one year.

Industrial Outlook

Similarly, the industrial outlook survey, conducted during July-September, showed manufacturers expect further improvements in production, capacity utilisation and order books in Q3 of the ongoing fiscal year, the RBI said.

Going forward, respondents polled expect some recovery in the external demand situation and job landscape. “Overall financial situation and availability of finance portrayed optimism,” said the survey.

As for Q2 (July-September quarter), manufacturing companies assessed upturn in production, capacity utilisation and order books during Q2 from the unprecedented contraction in the previous quarter. In all, 959 companies responded in this round of the survey, the RBI said.

The RBI is on a wait and watch mode as far as its monetary policy approach is concerned. In the latest round of monetary

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