Currency and Economic Situation - The Iranian rial has significantly depreciated, with one US dollar equating to approximately 1 million rials, indicating an extremely inflated currency [2] - The rial has lost about 90% of its value since the U.S. exited the nuclear deal in 2018, leading to a dire economic situation for citizens [6] Impact of Sanctions - U.S. sanctions have severely restricted Iran's access to global banking systems, including Visa and Mastercard, forcing individuals to rely on cash transactions [2][3] - Sanctions have resulted in a reported $4.2 billion in crypto outflows from Iran in 2024, a 70% increase from 2023, as citizens seek alternatives to frozen banking options [6] Use of Cryptocurrency - Cryptocurrency, particularly Bitcoin, is being utilized by Iranians not just for speculation but as a means to navigate a broken financial system [5] - Foreign visitors are required to bring cash for transactions, while locals are increasingly turning to digital assets to preserve savings and facilitate money transfers [5][6]

Senator, I want to talk to you about Russia, which I know you've been very focused on. This week, NATO planes, as you well know, shot down Russian drones in Polish airspace. On Saturday, Romania scrambled fighter jets after a Russian drone entered its airspace.You said this week, quote, "We've tried the red carpet approach. It ain't working." Is it time for President Trump to directly punish Putin. No. It is time for Europe to get behind President Trump to punish Putin's customers.Putin has been sanctioned ...

Iran’s top security body warned that European threats to reinstate UN sanctions on the country could hinder efforts to restore international inspections at Iranian nuclear facilities https://t.co/onnXIKkZWH ...

President Trump is putting pressure on NATO as he tries to nudge European allies to stop buying Russian oil and help end the war in Ukraine. Yamish Alendor is traveling with the president in New Jersey. Yamish, good evening. Good evening, Jose.President Trump posted a letter online today saying he's ready to impose sanctions on Russia, but not until quote, "All NATO nations have agreed and started to do the same thing and when all NATO nations stop buying oil from Russia." The president has repeatedly threa ...

Trump Ready For ‘Major Sanctions’ On Russia—Requests 100% Tariffs On China From NATOhttps://t.co/CzwCg5k2oc https://t.co/osaVpCMDrt ...

BREAKING:🇺🇸🇪🇺 TRUMP SAYS US AND NATO ARE PREPARING MAJOR SANCTIONS ON RUSSIA AND 50% TO 100% TARIFFS ON CHINA UNTIL THE RUSSIA-UKRAINE WAR ENDS. https://t.co/IPbz9wvBBC ...

US President Donald Trump said he’s prepared to move ahead with “major” sanctions on Russian oil if NATO countries do the same https://t.co/7T0nbPQj3b ...

💥BREAKING:🇺🇸 President Trump says all NATO nations are preparing to "do major sanctions on Russia" and impose 50% to 100% tariffs on China. https://t.co/6jfn9FOn2d ...

We also learned earlier this month that morning and something that send oil prices higher was that the US would be proposing broad G7 sanctions on Russian energy, kind of secondary sanctions both on China and India to try to help stop the war in Ukraine. It's something that the US had resisted really pushing down on the G7 or putting those types of sanctions on China. How could this change things.Yeah, I mean, this is really, you know, the where the world trade and geopolitics intersect. The US is trying to ...

What do you make of the equivalency that President Trump is trying to draw here between Putin and Zelensky, knowing, of course, that Russia invaded Ukraine. Does it really takes two to tango. Well, to end the war, both countries have to stop.And of course, Wolinski has been completely willing to abide by really the US led effort with Nieto to implement a cease fire. So Ukraine has been completely willing to do that for months now and there really is great solidarity between and among native countries and Uk ...