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The West just blew its latest chance to rein in Iran's nuclear enrichment program. Though Iran expressed willingness to compromise on key demands, by refusing to ease sanctions, the P5+1 nations offered no meaningful reciprocity, derailing the possibility of a deal with Tehran. ››read more

“The United States is abusing its position in the global financial structure and the status of dollar as the international currency, thus slapping economic and financial sanctions against Iran and forcing other countries to engage themselves in this regard,” the Russian foreign ministry spokesman pointed out. ››read more