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25.06.26 - 03:06
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Bessent Insists US Treasury Will Oversee Unfrozen Iranian Funds: Food & Medicine Only (ZeroHedge)
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Bessent Insists US Treasury Will Oversee Unfrozen Iranian Funds: Food & Medicine Only
There remains a major divergence in how Iran and the United States are interpreting the results of the MoU signing in the wake of the historic Switzerland peace talks, as lower-level teams remain in place to hammer out the technical details of the agreement.
The divergence/contradiction continues to be seen in not only the latest statements from President Trump himself, but also from the US Treasury:
US Treasury Secretary Scott Bessent has insisted that a large portion of unfrozen Iranian assets would go towards purchasing US food and medicine, despite claims from Iranian officials that they have made no such commitment.
“Any money that the Iranians get is going to be used, first, for the benefit of the Iranian people,” Bessent told CNBC.
It must be remembered that the "Iranian people" that Washington claims to look out for were subject to many weeks of heavy US-Israeli bombing raids, in which ...
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23.06.26 - 04:06
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After Beijing′s food-safety warning, will Sam′s Club slow its China expansion? (SCMP)
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US membership-only retailer Sam's Club has quickly overhauled its executive ranks after Beijing summoned it over “frequent food-safety issues”, which raised questions about whether the chain would slow its nationwide expansion to focus on building more localised and responsive supply chains, according to analysts.
Walmart (China) Investment, which controls the membership-only retailer, changed its top leadership on June 15, the same day the State Administration for Market Regulation conducted an......
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