Tag Archives: payment

Payment to Mexican president’s brother raises hackles


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US has recovered ransom payment made after pipeline hack


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Obama’s 1st transportation secretary admits to hiding payment from Lebanese-Nigerian billionaire


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IRS “Get my payment” tool allows you to see when stimulus check will arrive


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WH says relief checks to go to most who got December payment


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When will you get your $600 stimulus check? The IRS payment tracker is now online


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Iran allocates payment to families of Ukraine crash victims


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Stimulus checks: Mnuchin announces when Americans will get second payment


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Iran Demands $6 Billion Oil Payment From South Korea: Chosun

Iran Demands $  6 Billion Oil Payment From South Korea: Chosun(Bloomberg) — Iran’s Foreign Ministry called in the South Korean ambassador last month to demand payment of 7 trillion won ($ 6 billion) for oil it sold to the Asian country, Chosun Ilbo reported, citing officials it didn’t identify.Iran expressed “strong regret” over Seoul’s failure to complete the payment, which has been deposited at two South Korean banks without being transferred to Iran’s central bank for years due to U.S. sanctions against the Middle Eastern country, the newspaper said. It added that other Iranian authorities including the central bank also complained.South Korea sent a delegation to the Middle East late last month and explained that the country will cooperate with the U.S. to successfully complete transfer of the payment, it added.To contact the reporter on this story: Kanga Kong in Seoul at kkong50@bloomberg.netTo contact the editors responsible for this story: Brendan Scott at bscott66@bloomberg.net, Sara Marley, Siraj DatooFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.



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Exclusive: Ships with 1 million tonnes of grain stuck outside Iran's ports in payment crisis

Exclusive: Ships with 1 million tonnes of grain stuck outside Iran's ports in payment crisisLONDON/DUBAI (Reuters) – More than 20 ships carrying around one million tonnes of grain are stuck outside Iranian ports as U.S. sanctions create payment problems and hamper the country's efforts to import vital commodities, sources directly involved in the trade said. Trading companies such as Bunge and China’s COFCO International have been hit by payment delays and additional costs of up to $ 15,000 a day as the renewed U.S. restrictions stifle the processing of transactions, trade sources said. Food, medicine and other humanitarian supplies are exempt from sanctions Washington re-imposed after U.S. President Donald Trump said he was walking away from a 2015 international deal over Iran's nuclear programme.



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