U.S. to block Iran’s $5 billion IMF loan to fight coronavirusApril 9, 2020 - 11:35 AMT PanARMENIAN.Net - The United States is planning to block Iran’s request for a $5 billion emergency International Monetary Fund loan to fight coronavirus, Bloomberg reports. Iran's Supreme Leader Ayatollah Ali Khamenei has billions of dollars stashed away that could be tapped to fight the virus, according to a senior administration official, who asked not to be identified discussing private deliberations. Iran wouldn’t meet IMF financial transparency requirements regardless, the official said. The Trump administration says Iran has rebuffed its offers of help. Officials have also pointed to remarks by President Hassan Rouhani that U.S. sanctions haven’t prevented Iran -- one of the worst-hit nations in the pandemic -- from getting the medicine it needs. Blocking the loan reflects the administration’s belief that some Iranian officials, especially Foreign Minister Mohammad Javad Zarif, have tried to exploit the pandemic as part of a broader campaign to get U.S. sanctions lifted. Backed by supporters including the Washington-based Foundation for Defense of Democracies, they argue that Khamenei has at least $300 billion he’s refusing to tap to fight the virus and U.S. sanctions have carve-outs for humanitarian sales to Iran. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. |