Iran

President-elect Rowhani said Iran’s economy has contracted for the first time since the 1980s and that inflation is now at 42 percent. Israel is urging the US to intensify its sanctions against Iran. Russia, backed by China, has blocked a UN report that accused Iran of violating UN sanctions by conducting missile tests and shipping weapons to insurgents in Yemen; the move prevents the UN from imposing new sanctions on Iran at present.

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