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US-Iran Talks in Pakistan: What to Expect
Bloomberg Television· 2026-04-10 06:19
Just talk us through the expectations heading into these talks. Thankfully, we saw the expectations basically are that, you know, some kind of deal could be reached before the parties head out of Islamabad. And the words that are being used are optimistic.I think Trump has tweeted that as well. We've spoken to Pakistani officials as well, and they have said they're very, very optimistic for a deal to be reached. But there's another key word that has been used quite often, which is fragile.Right. And that's ...
Trump Sanctions Revive Barter Trade: China's Chery Trades Half-Built Cars for Iran's Copper
Yahoo Finance· 2025-10-06 21:31
Core Insights - Barter trade activities between Chery Automobile and Iran have increased due to U.S. sanctions, allowing Chery to supply vehicles in exchange for metal ores from Iran [1][2][5] Group 1: Trade Dynamics - Chery, the largest vehicle exporter in China, has engaged in barter trade with Iran, supplying semi-knocked-down vehicles, which accounted for over half of its exports by 2016 [3] - The trade is facilitated through a separate company that routes the vehicles to Chery's local partner in Iran, MVM, for assembly [4] Group 2: Sanctions Compliance - Chery's trade does not involve U.S. dollars, thus avoiding violations of the sanctions imposed by the Trump administration on Iran [5] Group 3: Financial Performance - Chery's recent IPO on the Hong Kong stock exchange raised $1.2 billion, with its share price increasing by 11% to HK$34.16 from an initial price of HK$30.75 [8]