April 26, 2024

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U.S. to Block Iran’s Request to IMF for $5 Billion Loan to Fight Coronavirus

The U.S. designs to block Iran’s asked for $five billion emergency loan from the International Monetary Fund for funding Tehran states it requires to combat its coronavirus disaster.

Senior officials in the Trump administration stated Iran’s government has billion-dollar accounts continue to at its disposal. If allowed to faucet IMF financing, the officials stated, Tehran would then be capable to divert people or other resources to enable its economic climate, which has been weakened by U.S. sanctions, or finance militants in the Middle East, alternatively than on containing…