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Iran

The decision by the Financial Action Task Force (FATF), a global financial watchdog supported by more than 30 Western countries, to suspend countermeasures against Iran for one year rather than totally remove the country from its blacklist is a sign that Iran “still has a long way to go before it’s safe to do business...

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Featured

The Obama administration’s push for more companies to do business with Iran is inappropriate and concerning, a Democratic member of the Senate Foreign Relations Committee said Thursday. “It is Iran’s challenge to demonstrate that their economy is transparent enough, legitimate enough, secure enough, to attract foreign investment. I don’t think it’s our job to...

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Iran

The $25 billion aircraft deal that Boeing recently struck with Iran could be jeopardized by Tehran’s continued support of Syrian dictator Bashar al-Assad, the Associated Press (AP) reported Thursday. Boeing’s jets will be sold to the state-owned Iran Air, which was sanctioned by the Treasury Department in 2011 partially due to its transport of “potentially dangerous...

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Diplomacy

Palestinian Authority President Mahmoud Abbas’ debunked allegation that “certain rabbis in Israel” issued a call to poison Palestinian wells is “reminiscent of age-old anti-Semitic stereotypes,” Jonathan Greenblatt, CEO of the Anti-Defamation League, said in a statement released Thursday. Abbas repeated the discredited charge, propagated by the PA’s Foreign Ministry earlier this week, while addressing the European...

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Iran

More than 30 former government and military officials wrote an open letter on Tuesday urging the Financial Action Task Force (FATF), a global watchdog supported by more than 30 Western countries focused on ensuring the integrity of the international financial system, to “remain vigilant about the risks Iran’s activities pose to the security...

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Europe

Palestinian Authority President Mahmoud Abbas blamed Israel for global terrorism and repeated a discredited canard that Jews are seeking to poison Palestinian water while addressing the European Union parliament a day after Israeli President Reuven Rivlin, The Times of Israel reported Thursday. Abbas also refused to meet Rivlin while both men were in Brussels....

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Diplomacy

Israeli President Reuven Rivlin told the European Union that the recent French initiative to restart negotiations between Israel and the Palestinians distances prospects of peace, and suggested a number of alternative avenues where the involvement of the international community could be constructive. “The French initiative suffers from fundamental faults. The attempt to...

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Featured

A veteran U.S. diplomat who pushed for the nuclear deal with Iran, which allowed Boeing to sell $25 billion worth of planes to state-owned Iran Air, did not disclose that he was paid by Boeing during the time he advocated for the agreement, The Daily Beast reported Wednesday. Thomas Pickering, a former ambassador...

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Israel

June continues to be a hot month for Israeli startups, with companies raising an amazing $356 million in investments 20 days. Just the first week of the month brought in an astounding $237 million. But instead of slowing down as the global markets indicate is happening in the rest of...

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Featured

The Israeli Air Force (AIF) and Lockheed Martin unveiled Israel’s new F-35 fighter jet at Lockheed’s aeronautics headquarters in Forth Worth, Texas on Wednesday. The IAF has purchased 33 of the state-of-the-art fighters, nicknamed Adir — Hebrew for “mighty” — and plans to purchase 17 more by 2021 to complete two squadrons. The planes,...

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