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Rare US statement raps Israel’s plan

PALESTINE

Rare US statement raps Israel’s plan

In a rare move, the US censures Israel’s new plans for more illegal settlements right after clinching the largest military deal with Washington.

Iran, Japan banks cooperating by using yen

ECONOMY

Iran, Japan banks cooperating by using yen

Pedram Soltani, the deputy chairman of Iran Chamber of Commerce, Industries and Mines, says the banks of Japan have started to cooperate with their Iranian partners by using the yen.

‘POGDC deal no catalyst for foreign awards’

ENERGY

‘POGDC deal no catalyst for foreign awards’

Ali Kardor, the managing director of the National Iranian Oil Company (NIOC), says the award of an oil deal to Persia Oil and Gas Development Company (POGDC) of Iran was not meant to facilitate similar deals with foreign companies.