Iranian President Hassan Rouhani speaks during a Cabinet meeting in Tehran. EPA
Iranian President Hassan Rouhani speaks during a Cabinet meeting in Tehran. EPA
Iranian President Hassan Rouhani speaks during a Cabinet meeting in Tehran. EPA
Iranian President Hassan Rouhani speaks during a Cabinet meeting in Tehran. EPA

US sanctions and coronavirus make for Iran's toughest year, Rouhani says

The coronavirus crisis has exacerbated economic problems that worsened after Trump withdrew from a nuclear deal in 2018

Reuters

June 28, 2020

  • English
  • Arabic

Iranian President Hassan Rouhani said on Sunday that his country was experiencing its toughest year because of US sanctions and the Covid-19 pandemic.

The coronavirus crisis exacerbated economic problems that worsened after US President Donald Trump withdrew in 2018 from Iran's nuclear deal with major powers and reimposed sanctions. On Monday, Iran's currency fell to its lowest level against the US dollar.

"It's been the most difficult year due to the enemy's economic pressure and the pandemic," Mr Rouhani said in a televised speech.

"The economic pressure that began in 2018 has increased ... and today it is the toughest pressure on our dear country."

Iran has had a sharp increase in coronavirus infections and deaths since restrictions to stem the spread of the pandemic were gradually lifted from mid-April. The death toll recently topped 100 a day for the first time in two months.

In the previous 24 hours, 2,489 new cases were recorded, taking the total to 222,669, Health Ministry spokeswoman Sima Sadat Lari told state television. She said 144 people had died, bringing the total to 10,508.

Mr Rouhani said the wearing of masks will become mandatory for two weeks starting next Sunday in "gathering places" that are deemed "red spots".

Senior officials have regularly given warnings that restrictions will be reimposed if health regulations such as social distancing are not observed.

Iran launched a campaign on Saturday to motivate a reluctant public to use face masks.

______________

Coronavirus around the world: in pictures

  • Marisol Aro, wearing a face shield with an image of Wonder Woman, looks out from a car, amid the new coronavirus pandemic in Santiago. AP
    Marisol Aro, wearing a face shield with an image of Wonder Woman, looks out from a car, amid the new coronavirus pandemic in Santiago. AP
  • A man rides past a coronavirus-related mural by urban artists Mick Martinez and "Were Torres" in Ciudad Juarez, Chihuahua state, Mexico. AFP
    A man rides past a coronavirus-related mural by urban artists Mick Martinez and "Were Torres" in Ciudad Juarez, Chihuahua state, Mexico. AFP
  • A healthcare worker holds a sample of a nasal swab after testing a passenger at a drive-thru new coronavirus testing site outside a supermarket in Santiago, Chile. AP Photo
    A healthcare worker holds a sample of a nasal swab after testing a passenger at a drive-thru new coronavirus testing site outside a supermarket in Santiago, Chile. AP Photo
  • Medical workers collect a swab sample during community Covid-19 testing in Broadmeadows, Melbourne, Australia. EPA
    Medical workers collect a swab sample during community Covid-19 testing in Broadmeadows, Melbourne, Australia. EPA
  • A worker wearing a protective suit swabs a man's throat for a coronavirus test at a community health clinic in Beijing, Chian. AP Photo
    A worker wearing a protective suit swabs a man's throat for a coronavirus test at a community health clinic in Beijing, Chian. AP Photo
  • Coalition of resort labor unions representing Disney cast members holds a car caravan around Disneyland Resort calling for higher safety standards before its reopening in Anaheim, California, USA. AFP
    Coalition of resort labor unions representing Disney cast members holds a car caravan around Disneyland Resort calling for higher safety standards before its reopening in Anaheim, California, USA. AFP
  • An artisan takes off his face mask, used to combat the spread of the coronavirus, while taking a break behind a fence at the DImitrie Gusti Village Museum in Bucharest, Romania. AP Photo
    An artisan takes off his face mask, used to combat the spread of the coronavirus, while taking a break behind a fence at the DImitrie Gusti Village Museum in Bucharest, Romania. AP Photo
  • Passengers wearing face masks walk near a banner displaying precautions against the coronavirus at the subway station in Seoul, South Korea. AP Photo
    Passengers wearing face masks walk near a banner displaying precautions against the coronavirus at the subway station in Seoul, South Korea. AP Photo
  • A waitress takes the temperature of customers as they arrive to eat at Dudley's as restaurants are permitted to offer al fresco dining as part of phase 2 reopening in New York City, USA. Reuters
    A waitress takes the temperature of customers as they arrive to eat at Dudley's as restaurants are permitted to offer al fresco dining as part of phase 2 reopening in New York City, USA. Reuters
  • Staff at Shiva's Signature hair salon wearing Personal Protective Equipment (PPE) suits and face shields attend customers after personal grooming services were allowed to resume in Mumbai, India. AFP
    Staff at Shiva's Signature hair salon wearing Personal Protective Equipment (PPE) suits and face shields attend customers after personal grooming services were allowed to resume in Mumbai, India. AFP
  • People wearing masks for protection observe mandatory social distancing against the spread of the coronavirus as they wait in line to cast their votes in Poland's presidential election in Lomianki near Warsaw, Poland. AP Photo
    People wearing masks for protection observe mandatory social distancing against the spread of the coronavirus as they wait in line to cast their votes in Poland's presidential election in Lomianki near Warsaw, Poland. AP Photo
  • Residents stay at their building to curb the spread of ovid-19 in Caracas, Venezuela. AP Photo
    Residents stay at their building to curb the spread of ovid-19 in Caracas, Venezuela. AP Photo
  • Fans attend a live stream of Garth Brooks Concert Event for the Concerts In Your Car Series at Ventura County Fairgrounds and Event Center. AFP
    Fans attend a live stream of Garth Brooks Concert Event for the Concerts In Your Car Series at Ventura County Fairgrounds and Event Center. AFP
  • An employee readies the body of a woman who died from the new coronavirus for cremation at La Recoleta crematorium in Santiago, Chile. AP Photo
    An employee readies the body of a woman who died from the new coronavirus for cremation at La Recoleta crematorium in Santiago, Chile. AP Photo
  • Relatives and friends stand near the coffin of a woman, who died of the coronavirus disease, during her funeral at the Xico cemetery in Valle de Chalco, in the State of Mexico, Mexico. Reuters
    Relatives and friends stand near the coffin of a woman, who died of the coronavirus disease, during her funeral at the Xico cemetery in Valle de Chalco, in the State of Mexico, Mexico. Reuters
  • A visitor wears a space suit costume on the pier in Huntington Beach, California, US. AP Photo
    A visitor wears a space suit costume on the pier in Huntington Beach, California, US. AP Photo
Which honey takes your fancy?

Al Ghaf Honey

The Al Ghaf tree is a local desert tree which bears the harsh summers with drought and high temperatures. From the rich flowers, bees that pollinate this tree can produce delicious red colour honey in June and July each year

Sidr Honey

The Sidr tree is an evergreen tree with long and strong forked branches. The blossom from this tree is called Yabyab, which provides rich food for bees to produce honey in October and November. This honey is the most expensive, but tastiest

Samar Honey

The Samar tree trunk, leaves and blossom contains Barm which is the secret of healing. You can enjoy the best types of honey from this tree every year in May and June. It is an historical witness to the life of the Emirati nation which represents the harsh desert and mountain environments

HEY%20MERCEDES%2C%20WHAT%20CAN%20YOU%20DO%20FOR%20ME%3F
%3Cp%3EMercedes-Benz's%20MBUX%20digital%20voice%20assistant%2C%20Hey%20Mercedes%2C%20allows%20users%20to%20set%20up%20commands%20for%3A%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Navigation%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Calls%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20In-car%20climate%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Ambient%20lighting%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Media%20controls%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Driver%20assistance%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20General%20inquiries%20such%20as%20motor%20data%2C%20fuel%20consumption%20and%20next%20service%20schedule%2C%20and%20even%20funny%20questions%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EThere's%20also%20a%20hidden%20feature%3A%3C%2Fstrong%3E%20pressing%20and%20holding%20the%20voice%20command%20button%20on%20the%20steering%20wheel%20activates%20the%20voice%20assistant%20on%20a%20connected%20smartphone%20%E2%80%93%20Siri%20on%20Apple's%20iOS%20or%20Google%20Assistant%20on%20Android%20%E2%80%93%20enabling%20a%20user%20to%20command%20the%20car%20even%20without%20Apple%20CarPlay%20or%20Android%20Auto%3C%2Fp%3E%0A
WOMAN AND CHILD

Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5

UAE v Ireland

1st ODI, UAE win by 6 wickets

2nd ODI, January 12

3rd ODI, January 14

4th ODI, January 16

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
While you're here
Company%20profile
%3Cp%3EName%3A%20Tabby%3Cbr%3EFounded%3A%20August%202019%3B%20platform%20went%20live%20in%20February%202020%3Cbr%3EFounder%2FCEO%3A%20Hosam%20Arab%2C%20co-founder%3A%20Daniil%20Barkalov%3Cbr%3EBased%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Payments%3Cbr%3ESize%3A%2040-50%20employees%3Cbr%3EStage%3A%20Series%20A%3Cbr%3EInvestors%3A%20Arbor%20Ventures%2C%20Mubadala%20Capital%2C%20Wamda%20Capital%2C%20STV%2C%20Raed%20Ventures%2C%20Global%20Founders%20Capital%2C%20JIMCO%2C%20Global%20Ventures%2C%20Venture%20Souq%2C%20Outliers%20VC%2C%20MSA%20Capital%2C%20HOF%20and%20AB%20Accelerator.%3Cbr%3E%3C%2Fp%3E%0A
Results

2.30pm: Dubai Creek Tower – Handicap (PA) Dh40,000 (Dirt) 1,200m; Winner: Marmara Xm, Gary Sanchez (jockey), Abdelkhir Adam (trainer)

3pm: Al Yasmeen – Maiden (PA) Dh40,000 (D) 1,700m; Winner: AS Hajez, Jesus Rosales, Khalifa Al Neyadi

3.30pm: Al Ferdous – Maiden (PA) Dh40,000 (D) 1,700m; Winner: Soukainah, Sebastien Martino, Jean-Claude Pecout

4pm: The Crown Prince Of Sharjah – Prestige (PA) Dh200,000 (D) 1,200m; Winner: AF Thayer, Ray Dawson, Ernst Oertel

4.30pm: Sheikh Ahmed bin Rashid Al Maktoum Cup – Handicap (TB) Dh200,000 (D) 2,000m; Winner: George Villiers, Antonio Fresu, Bhupat Seemar

5pm: Palma Spring – Handicap (PA) Dh40,000 (D) 2,000m; Winner: Es Abu Mousa, Antonio Fresu, Abubakar Daud

RACE SCHEDULE

All times UAE ( 4 GMT)

Friday, September 29
First practice: 7am - 8.30am
Second practice: 11am - 12.30pm

Saturday, September 30
Qualifying: 1pm - 2pm

Sunday, October 1
Race: 11am - 1pm

APPLE IPAD MINI (A17 PRO)

Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits

Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine

Storage: 128/256/512GB

Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4

Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps

Biometrics: Touch ID, Face ID

Colours: Blue, purple, space grey, starlight

In the box: iPad mini, USB-C cable, 20W USB-C power adapter

Price: From Dh2,099

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

The%20Killer
%3Cp%3E%3Cstrong%3EDirector%3A%C2%A0%3C%2Fstrong%3EDavid%20Fincher%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%C2%A0%3C%2Fstrong%3EMichael%20Fassbender%2C%20Tilda%20Swinton%2C%20Charles%20Parnell%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%C2%A0%3C%2Fp%3E%0A
How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

While you're here
You might also like
What sanctions would be reimposed?

Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

  • An arms embargo
  • A ban on uranium enrichment and reprocessing
  • A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
  • A targeted global asset freeze and travel ban on Iranian individuals and entities
  • Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
The Lowdown

Kesari

Rating: 2.5/5 stars
Produced by: Dharma Productions, Azure Entertainment
Directed by: Anubhav Singh
Cast: Akshay Kumar, Parineeti Chopra

 

RACE CARD

6.30pm: Madjani Stakes Group 2 (PA) Dh97,500 (Dirt) 1,900m
7.05pm: Maiden (TB) Dh82,500 (D) 1,400m
7.40pm: Maiden (TB) Dh82,500 (D) 1,600m
8.15pm: Handicap (TB) Dh87,500 (D) 2,200m
8.50pm: Dubai Creek Mile Listed (TB) Dh132,500 (D) 1,600m
9.25pm: Conditions (TB) Dh120,000 (D) 1,900m
10pm: Handicap (TB) Dh92,500 (D) 1,400m

While you're here
More on World Cup 2018
Match info

Manchester United 1
Fred (18')

Wolves 1
Moutinho (53')

Key products and UAE prices

iPhone XS
With a 5.8-inch screen, it will be an advance version of the iPhone X. It will be dual sim and comes with better battery life, a faster processor and better camera. A new gold colour will be available.
Price: Dh4,229

iPhone XS Max
It is expected to be a grander version of the iPhone X with a 6.5-inch screen; an inch bigger than the screen of the iPhone 8 Plus.
Price: Dh4,649

iPhone XR
A low-cost version of the iPhone X with a 6.1-inch screen, it is expected to attract mass attention. According to industry experts, it is likely to have aluminium edges instead of stainless steel.
Price: Dh3,179

Apple Watch Series 4
More comprehensive health device with edge-to-edge displays that are more than 30 per cent bigger than displays on current models.

Why your domicile status is important

Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.

Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born. 

UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.

A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.