Washington expands economic penalties against Tehran, leaving global energy markets dependent on Beijing’s willingness to enforce trade restrictions.
Browsing: Banking
Dubai’s shell firms and free zones move billions for Iran, forcing new US pressure on Abu Dhabi to act.
Dubai’s shell companies and free zones keep Iran sanctions evasion alive despite the UAE’s new direct trade suspension.
Beijing advances renminbi trade settlements and digital rails across Gulf markets, expanding alternatives to traditional petrodollar payment mechanisms.
The post-war survival of Hezbollah depends entirely on its alternative financial architecture rather than its conventional military arsenal.
Libya’s surging crude production cannot rescue its failing economy while rival political elites weaponize revenues and trigger severe inflation.
Iran uses a “toll booth” strategy and Chinese yuan-based payment systems to bypass global sanctions and settle oil trade during the war.
“That it took six years to come up with this law is a national disaster. The restructuring of the banking system should be seen as only one workstream in the government’s broader reform program. The only way to resolve a banking crisis is to rebuild trust.”