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Won sees steep depreciation due to China's deflation, unfrozen Iran fund

The Korean currency weakened nearly 60 won against the U.S. dollar this month alone and dipped to the 1,300 won level, after managing to stay in the 1,200 won level even after the Korea-U.S. interest rate gap widened to a record high of 2 percentage points in late July. ....

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CNN Situation Room With Wolf Blitzer January 13, 2016 22:07:00

Billions of dollars, unfrozen assets, lifting of sanctions on trade with the international world to have this crisis bleed into what could very well be the weekend when that deal is implemented and those sanctions are begun to be lifted would have enormous costs. and really for all factions we talk about divisions in iran, but for all factions in that government. and that s something that it appears they weren t likely to sacrifice. you can only imagine the reaction if those american sailors were still in custody as we speak right now. it would have been very angry. thanks very much, jim sciutto, for that. in an exclusive interview i sat down today with one of america s closest allies in the arab and muslim world, jordan s king abdullah ii. i asked him about the seizure of those ten u.s. sailors and about his concerns over iran s behavior. as we speak, ten american sailors have been freed from iranian custody. it was a brief incident. does jordan trust iran? oh, we have relations ....

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CNN Situation Room With Wolf Blitzer January 13, 2016 22:06:00

The u.s. to iran for this incident. john kerry did not call jav javad zarif and apologize. in the midst of this on camera one of the u.s. sailors apologizing taking responsibility for having moved into iranian waters. but what u.s. officials are doing in conversations they re raising questions about the substance of that apology because they re saying that when they re in detention in effect of the iranian authorities that you would consider that apology, wolf, to be under duress. and regardless it does not represent the position of the u.s. government. this incident took place as you know just days before what s called a final implementation of the iran nuclear deal, lifting of sanctions, other steps that will aid iran. what role if any do you think that played in releasing these americans? a lot of people watching this iran deal say we may have seen a pragmatic streak in the supreme leader khomeini. this is the result of two years more of difficult negotiations with the u.s. iran ....

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