Iran has circumvented sanctions with the help of major banks
Iranian authorities have been able to circumvent international sanctions with the help of accounts with major European banks Lloyds and Santander, reports the Financial Times.
It is about the state-owned oil company PCC and its secret front company, which should have been based in premises not far from Buckingham Palace, according to documents that the newspaper has seen.
From a political point of view, the disclosure is described as further proof that the Islamic Revolutionary Guard Corps continues to have access to London as a financial center.
Labor MP Liam Byrne, chairman of the House of Commons trade committee, called it a "shocking failure".
- It suggests that companies that the US targets sanctions can move freely in London, he tells the newspaper.
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The climate threat|The forest fires in Chile
The death toll continues to rise in Chile – at least 99 dead
At least 99 people have died in the forest fires in Chile, the local authorities announced on Sunday evening according to AFP.
Earlier, it was reported that over 43,000 hectares had burned and that entire residential areas had been engulfed by the flames.
- Not a single house remains, says 67-year-old Lilian Rojas, who lives in Vina del Mar.
TT writes that the fires are fueled by a severe drought and heat wave that has partly arisen due to the weather phenomenon El Niño and partly due to climate change.
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