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Midweek Roundup: China Considers More Iran Oil Buys, Latvia’s Euro Adoption to Mean More Dirty Money in Europe, and More
printChina's state-trader Zhuhai Zhenrong Corp. is considering increasing its purchases of Iranian oil next year despite U.S. sanctions, Reuters reported Tuesday, citing anonymous sources. The Chinese company, which was blacklisted by the United States in early 2012, is in talks with the National Iranian Oil Company, the news agency said. More Iranian authorities arrested a businessman blacklisted by the United States for corruption charges, according to Reuters. The arrest of Babak Zanjani took place while world powers again gathered to discuss the implementation of an accord to lessen sanctions against Iran in exchange for a temporary suspension of the country's...
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