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us sanctions iran

Us Sanctions On Iran: ‘One-two punch’: US vows toughest-ever Iran sanctions, presses China to help reopen Hormuz

File photo: US treasury secretary Scott Bessent speaks to members of the media in Washington (Picture credit: AP) The United States is preparing what treasury secretary Scott Bessent described as the “toughest sanctions in history” against Iran, as Washington seeks to intensify economic pressure on Tehran and force the country towards a settlement.Bessent said the...
108307045 1778772057996 Bessent3

Watching Iran’s economy; a losing game for bonds

Treasury Secretary Scott Bessent speaking to CNBC on May 14th, 2026 from Beijing, China. CNBC Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. Treasury Secretary Scott Bessent is fighting financial battles on two fronts. Bessent told CNBC Thursday stateside that the U.S. likely won’t...
growth

Core sector growth rises to 5.4% in July

Core sector growth rises to 5.4% in July, cement and iron ore drive expansion NEW DELHI: Core sector grew 5.4% in July, compared with 3.2% a year ago, official data released on Thursday showed. Sequentially, the growth marked a slowdown from an upwardly revised figure of 6% in June. The new series, with revised base...
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