Macron: EU Must Defend Firms against US Iran Sanctions

Total said it might quit a multi-billion-dollar gas project if it could not secure a waiver from US sanctions. Tehran had repeatedly hailed the project as a symbol of the nuclear accord’s success. REUTERS  Charles Platiau

"International companies with interests in many countries make their own choices according to their own interests. The 2015 deal is an important element of peace and security in the region, and we chose to back it regardless of the U.S. decision", he stressed. "They should continue to have this freedom", he said.

"But what is important is that companies and especially medium-sized companies which are perhaps less exposed to other markets, American or others, can make this choice freely", Emmanuel Macron said.

However, EU officials say there is no easy way to protect EU firms from US sanctions and that it will take time for the bloc to devise what will likely be a complex mix of national and EU-level measures.

French President Emmanuel Macron arrives for an informal dinner ahead of a summit with leaders of the six Western Balkans countries in Sofia, Bulgaria, May 16, 2018.

Zarif said little to reporters Tuesday but suggested he wanted to discuss the deaths of dozens of Palestinians in Gaza as well as the nuclear deal, which U.S. President Donald Trump withdrew from last week.

Sanctions are already beginning to bite with French energy giant Total preparing to pull out of a billion dollar gas project in Iran.

Delhi to overtake Tokyo as world's most populated city in 10 years
However, a few cities in Japan and South Korea - for example, Nagasaki and Busan - have experienced population decline since 2000. These three countries will account for 35 percent of the projected growth of the world's urban population between the time span.

Uncertainty over Mothercare's Northern Ireland stores as retailer announces closures
Shares in Mothercare were up 4.8 pence at 26.6 pence at 0832 GMT, valuing the business at 46 million pounds. Mark Newton-Jones was sacked by the then chairman Alan Parker - who has himself subsequently stepped down.

SEC Launches Fake ICO to Educate People on Fraud
HoweyCoins is part of the SEC's effort to combat an explosion of scams and securities fraud associated with cryptocurrencies . Generally, if something passes the Howey test , and is therefore considered a security, it is subject to SEC regulation .

"Everyone in the European Union shares the view that the agreement is not flawless, but that we should remain in this agreement and conduct further negotiations with Iran on the basis of other issues such as the ballistic missile program", Merkel said as she arrived for the summit. "But we still think that, with the agreement, we would have better preconditions to speak with Iran about further agreements than by unilaterally canceling an agreement that was unanimously approved and endorsed in the U.N. Security Council".

European Union leaders meeting in Sofia have backed a "united" approach to keeping the deal alive after US President Donald Trump pulled out and reimposed sanctions, complaining the accord did nothing to stop Iran's ballistic missile program or interference in Middle East conflicts.

AFP reported that France's foreign minister condemned the United States for reimposing sanctions against foreign companies trading with Iran, labelling the move "unacceptable" in comments that expose the deepening rift between Washington and its European allies on the issue.

They are all but certain to fall short of the type of firm guarantees that the Iranian authorities have been seeking.

Merkel defended this Wednesday before the legislators the validity and importance of the so-called Joint Comprehensive Plan of Action (JCPOA) signed in 2015 between Iran and six worldwide powers (China, United States, France, United Kingdom, Russia, and Germany).

Related:

  • FBI's Trump Investigation Codenamed 'CROSSFIRE HURRICANE'

    FBI's Trump Investigation Codenamed 'CROSSFIRE HURRICANE'

    Agents reportedly avoided interviewing Trump associates and subpoenaing documents to keep the investigation secret. The FBI codenamed their probe Crossfire Hurricane, a reference to lyrics in a Rolling Stones song.
    Instagram will soon show how long you spend looking at avocado toast

    Instagram will soon show how long you spend looking at avocado toast

    If you've ever wondered how much time you spend flipping through photos on Instagram, then you're about to get a wake-up call. It hasn't been enabled as yet so it's unclear when this feature will be rolled out for all users.

    The Essentials of Being an Eco-Friendly Hotel

    Conserve Energy Lights, water heaters, and air conditioning units, among other things, consume the most electricity in hotels. Through these actions, the hotel can build a better name by showing its clients how it values environmental sustainability.
  • Stanley Cup playoffs: Lightning get first win vs. Capitals

    Stanley Cup playoffs: Lightning get first win vs. Capitals

    For the first half of the season, Stamkos and had made a compelling argument that the Hart Trophy should be shared this year. When the Capitals concentrated on closing that lane in Game 3, Hedman had more time and space to operate from the point.
    Backstreet Boys Talk Heartbreak & First New Music in 5 Years

    Backstreet Boys Talk Heartbreak & First New Music in 5 Years

    They will likely be adding the new single to the setlist of their Larger Than Life show in Las Vegas when it resumes this July. The Backstreet Boys released their first new song in years late Wednesday, lighting up social media.
    Harry Styles producing sitcom loosely based on 1D days

    Harry Styles producing sitcom loosely based on 1D days

    According to People , a new sitcom all about the life and times of Harry Styles will premiere on CBS this fall. He meant to stay for two weeks, but ended up there for the best part of two years.
  • Juventus legend Buffon to leave club at the end of season

    Juventus legend Buffon to leave club at the end of season

    These feelings are children of an extraordinary and attractive journey, shared with people who have loved me. The 40-year-old's last game for the club will be against Verona on Sunday - his 640th in Serie A.
    Oil drops as demand shows signs of weakening

    Oil drops as demand shows signs of weakening

    Here is a look at how share prices for two blue-chip stocks and two exchange traded funds reacted to this latest report . Gasoline and distillate stocks were expected to have fallen by 2 million barrels and 1.3 million barrels, respectively.
    Woman detained after feces flinging incident at Langley Tim Hortons

    Woman detained after feces flinging incident at Langley Tim Hortons

    She then pulls down her trousers , proceeds to defecate on the floor, and then picks it up and flings it at the employee. Holly Largy said the case will be forwarded to the BC Prosecution Service to determine whether charges will be laid.
  • SLAYED BY SAUSAGE DOGS: Dachshunds maul woman to death

    SLAYED BY SAUSAGE DOGS: Dachshunds maul woman to death

    The other six dogs were taken to a local veterinary hospital where they were euthanized at the owner's request. It is unclear at this time what led to the attack, and it is still under investigation.
    Fixed-odds betting machines shake-up CONFIRMED - 21000 jobs AT RISK

    Fixed-odds betting machines shake-up CONFIRMED - 21000 jobs AT RISK

    THE maximum stakes on fixed-odds betting terminals (FOBTs) will be restricted to £2, the government has announced. Bookmaker William Hill said it will see a reduction in total gaming net revenue of 35%-45% following the move.
    PUBG Mobile Gets Miramar Desert Map Before Xbox One

    PUBG Mobile Gets Miramar Desert Map Before Xbox One

    Twitch launched this new set of custom filters earlier, and they're available to everyone watching PUBG streams . Update 0.5.0 has added a new map, with the desert themed Miramar now available to play for mobile users.

Comments

Latest news

Syrian govt gains control over central part of country
After a five year hiatus resumed the movement on one of the main transport arteries of Syria - the highway linking Damascus with HOMS.

Ocado partnering with Kroger
Ocado shares were trading nearly 80% higher on Thursday afternoon - reaching £10 per share at one stage. Ocado's stock market surge pushed the value of the company above £5 billion ($6.8 billion) on Thursday.

Man shoots ex-wife's 3 children, her boyfriend dead
In her Facebook post, Simpson said she had been shot and was likely facing more surgeries. The ex-wife was the lone survivor of the shooting but remains in critical condition.

K'taka polls: BJP confident of forming government in Karnataka
Especially, limiting BJP to just 3 in Gali Janardhan Reddy's Bellary is a great shock to the BJP. The phrase "Our Southward March has begun" indicates the mood of the BJP Leaders right now.

Hawaii born Broadway actress injured in tragic crash loses unborn baby
Also injured in the crash were Joshua's mother, Lauren Lew, and Jake Klein, according to information in the indictment and media reports.

Hilary Duff Denies 'Altercation' Between Boyfriend Matthew Koma & Neighbor
To make things even more petty, she called him out BY NAME and even found his ( private) Instagram account to publicly shame him. But if you cross her, she'll call you out on social media, rallying her millions of followers to set you straight.

YouTube Adds New Crediting Feature For Songwriters, Labels And Publishers
As of today, more than half a billion YouTube videos will contain new credits such as songwriter, label and publisher data. We've reached out YouTube for clarification.

Manchester City hit 100 points Premier League record
Manchester City have accrued more Premier League points this season (100) than eight clubs have in their entire Premier League history - including Oldham (89).

Evidence for Stars Forming Just 250 Million Years After The Big Bang
To find out, the team reconstructed the earlier history of MACS1149-JD1 using infrared data taken with the NASA/ESA Hubble Space Telescope and the NASA Spitzer Space Telescope.

Reliance Communications shares surge 38%
The company is set to report earning for the quarter ended March on May 19. RCom says it owes only Rs 60 crore to Ericsson. A lawyer for RCom said it would appeal.

Penn State-Pitt game on September 8 will be in prime time
Penn State will play eight conference matchups, five of which are against teams who qualified for the NCAA Tournament last season. This is the third game of the four-year renewed series, although no other games have been scheduled in the future.

Congo receives first doses of Ebola vaccine amid outbreak
The vaccine will be reserved for people suspected of coming into contact with the disease, as well as health workers. The vaccine is complicated to use, requiring storage at a temperature between -60 and -80 degrees Celsius.

Senate votes to ditch repeal of net neutrality
John Hoeven says we need to develop fair and open access to the internet without re-using Obama's net neutrality regulation. Eshoo responded: "Well we have a lot more to come, but so far, very good".

How Home-based Business Can Benefit from Coworking Spaces
More so, it can encourage productivity by being able to lessen boredom since you will be surrounded by people you can talk to. It Fits the Bill According to statistics, self-employment is on the rise, increasing by as much as 40% in the U.S . by 2020.

Money Saving Tips for Business Owners
JJBender.com is a trustworthy and reputable source of used office equipment that offers a wide variety of products. And in today’s economy, every small business owner is looking for ways to save money and reduce expenses.

Other news