The United States is once again flexing its financial muscle power in its battle with iran. President trump has signed into force a new round of sanctions which target the iranian leadership in a bid to halt its Nuclear Programme and change its behaviour in the wider middle east. Last week, tehran admitted shooting down a us drone but has denied responsibility for a series of attacks on oil tankers. The latest sanctions target the iranian leadership right up to Supreme Leader ali khamenei and those around him. Theyll effectively be be cut off from the International Financial system because banks and other institutions that help them move assets will face penalties themselves. A host of us sanctions have already had a ruinous effect on irans economy. Its estimated to have shrunk by nearly 4 last year and a bigger fall is expected this year. Meanwhile inflation, thats the increase in the cost of goods, was a huge 31 . Thats made everything from food to electronics more expensive which ha
Businesses tell breakfast the governments loan scheme is still not working despite 12,000 companies now getting access to credit. Ill explain whats going on. The government tell the premier league to consider showing games for free once the action resumes. So while the season, might finish behind closed doors, the public could still get to see the games. Louise gets on her bicycle with 0lympic louise gets on her bicycle with olympic champion Sir Chris Hoy for the bbcs big night in. And it is going to be a one week and whether there are its going to be a warm week for our weather but there are signs of the few changes. Its thursday the 22nd of april. Our top story the first human trials of a possible Coronavirus Vaccine will get underway in oxford today. But the governments chief medical advisor, professor chris whitty, has said we are unlikely to see an effective vaccine this year so life will not return to normal soon. At 8am well hear from two people who have signed up to take part i