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Iran rejects EU trade, anti-money laundering link

Iran on Tuesday ruled out linkage between a new EU mechanism to trade with Tehran bypassing US sanctions and an anti-money laundering bill. "Linking implementation of this mechanism... with the requirements of institutions such as the FATF is unacceptable," the foreign ministry said,...

Taliban takes centre stage as Kabul cut out of peace talks

President Ashraf Ghani is being pushed to the sidelines as the Taliban ignores his overtures for peace and negotiates instead with his friends, and enemies, over the future of Afghanistan. From Doha to Moscow, the insurgents are meeting an array of envoys with competing interests in...

After World Cup, Russians flock to matches

Many thought the football craze in Russia would not last and the shiny new stadiums built for the World Cup would rapidly become "white elephants" the country could not afford. But in the six months since the hosting of the month-long football extravaganza some of the stadiums have...

World Bank leading the charge on development finance

The World Bank, whose new president is due to be appointed by mid-April, is a global financial organization whose mission is to end extreme poverty by supporting development projects. Like its sister institution, the International Monetary Fund (IMF), it was created in 1944 at the Bretton...