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Business Matters: US to hit Iran with new economic sanctions

US orders new sanctions on Iranian metals

09/05/2019 GMT

US to hit Iran with new economic sanctions

BBC World Service - Business Matters, US to hit Iran with new economic sanctions

President Trump orders new sanctions on Iran's industrial metals industry

As President Trump orders new sanctions on Iran's industrial metals industry, we ask what this means for future diplomatic relations between the two countries, and speak to Dr Sanam Vakil, senior research fellow at policy institute Chatham House. Cyclone Fani wreaks devastation in the state of Odisha in India. We hear from BBC reporter Rahul Tandon who's in the worst affected area. And how does a day of strikes by Uber drivers around the world - two days before it floats on the New York stock exchange on Friday - affect investor confidence in the ride-hailing company? We speak to Shira Ovide of Bloomberg. 
Sasha Twining is joined throughout the programme by Alexis Goldstein, activist and financial reform advocate in Washington, and Sushma Ramachandran, former chief business correspondent for The Hindu, who's in Delhi.

(Picture: An Iranian bank note. Credit: Atta Kenare/AFP/Getty Images)

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