SWIFT

EU Launches INSTEX To Facilitate Trade, Bypass US Sanctions on Iran

In a move sure to unleash fury from the Trump administration, the European Union has announced it has set up a transactions channel with Iran to bypass U.S. sanctions. The launch of INSTEX — or “Instrument in Support of Trade Exchanges” — by France, Germany, and the UK will allow non-dollar trade with Iran and is being described as facilitating humanitarian goods-related transactions only, including food, medicine, and medical equipment.

US Meddles in Interpol Election in Effort to Stop Russian Leadership Role (Video)

The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris take a quick look at Interpol elections, which may result in Alexander Prokopchuk (a general in the Russian Interior Ministry and Interpol’s current Vice President) taking over as the President of the international police organization.
US Secretary of State Mike Pompeo has stated that the US endorses acting Interpol head Kim for Interpol Chief, while four US Senators are urging nations to vote against Russian front-runner Prokopchuk.