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Trump restores Iran sanctions, draws flak from European allies

Bloomberg The first round of renewed US sanctions on Iran took effect as President Hassan Rouhani—under increasing economic and political pressure—spurned President Donald Trump’s suggestion for talks with “no preconditions.” Following an executive order signed by Trump, the US imposed new restrictions intended to stop the purchase of dollar banknotes by Iran, prevent the government from trading gold and other ...

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North Korea’s Pompeo problem exposes rift on denuclearisation talks

Bloomberg North Korea appears to have a Pompeo problem. The widening gulf between Secretary of State Michael Pompeo’s description of nuclear talks with North Korea and Pyongyang’s criticism of his efforts is adding further confusion to the status of negotiations intended to achieve the “complete denuclearisation of the Korean Peninsula.” North Korean officials and state media have in recent weeks ...

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Malaysian anti-corruption agency summons Najib

Bloomberg Former PM Najib Razak will be charged under the anti-money laundering act on Wednesday, the Malaysian Anti-Corruption Commission said. The anti-graft agency confirmed that Najib was summoned to give his statement on the case relating to SRC International Sdn, a former unit of troubled state fund 1MDB, on Tuesday, it said in an emailed statement. Najib has pleaded not ...

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