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US sanctions companies in UAE, China over Iranian petrochemical sales

US sanctions companies in UAE, China over Iranian petrochemical sales
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Vietnam denies currency manipulation allegations

Vietnam denies currency manipulation allegations
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The State Bank of Vietnam said the country did not manipulate currencies to gain an advantage in trade in response to United States claims. File Photo by Thomas Maresca/UPI | License Photo
Dec. 17 (UPI) Vietnam is pushing back against U.S. allegations of currency manipulation after the Treasury Department accused the country and Switzerland of unfair practices.
The State Bank of Vietnam said in a statement that Hanoi s management of the exchange rate is aimed at stabilizing the domestic economy and to control inflation, and not to gain an unfair advantage in international trade. ....

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US imposes bans on firms in China, UAE and Vietnam over dealings involving Iran

US imposes bans on firms in China, UAE and Vietnam over dealings involving Iran
Wednesday, 16 December 2020 6:40 PM
[ Last Update: Wednesday, 16 December 2020 6:40 PM ]
In this file photo taken on March 27, 2020, an exterior view of the building of US Department of the Treasury is seen in Washington, DC. (AFP photo)
Companies in China, the United Arab Emirates and Vietnam have been slapped with US sanctions over dealings related to Iran’s trade of energy products as Washington continues its economic pressure campaign on Iran in the final days of President Donald Trump in office.
A Wednesday statement by the US Treasury Department said that four of the five companies blacklisted by the new sanctions had helped an already banned company based in Hong Kong to purchase and transfer Iranian petrochemical products. ....

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