EU tells Iran it will try to protect firms from US sanctions

EU tells Iran it will try to protect firms from US sanctions

Tehran is given assurances that European governments will seek to protect companies doing business in Iran from the resumption of us sanctions, as foreign Ministers are preparing to meet in Brussels to save the nuclear deal. Iran’s foreign minister, Mohammad Javad Zarif, met Federica Mogherini, the EU external affairs chief, on Tuesday morning and will meet the foreign ministers of France, Germany and the UK – the three European signatories to the deal – in the evening. Iran wants assurances that EU trade with Iran will continue to grow, despite…

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Number of billionaires worldwide surged to 2,754 in 2017

Number of billionaires worldwide surged to 2,754 in 2017

A record 357 new billionaires were minted last year as the already very wealthy saw their combined fortunes soar to an all-time high of $9.2tn (£6.8tn) – more than three times the UK’s gross domestic product. The number of billionaires worldwide increased by 14.9% to 2,754 in 2017 as the wealthy benefited from the “remarkable performances in equity markets and global economy”, according to a report by ultra-rich research firm Wealth-X. The Wealth-X billionaire census 2018, published on Tuesday, found a “dramatic improvement” in billionaires’ assets, with their combined wealth…

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