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How a European payments channel to Iran to circumvent sanctions could work
Jan 31, 2019

How a European payments channel to Iran to circumvent sanctions could work

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From the BBC World Service… The European Union's three biggest member states have reportedly set up a payment channel to allow business transactions with Iran and circumvent U.S. sanctions. What will it mean for relations between the U.S. and Europe? Then, India's unemployment rate is at a 40-year high, and it comes ahead of elections in just a few months. Plus, today marks just two months until the U.K. leaves the E.U., but as politicians struggle with finalizing an exit deal, British carmakers say they're on "red alert" as investment in the industry has dropped nearly 80 percent over the last three years.

Today's show is sponsored by the University of Florida Warrington College of Business, Wasabi Hot Cloud Storage and Indeed.


From the BBC World Service… The European Union’s three biggest member states have reportedly set up a payment channel to allow business transactions with Iran and circumvent U.S. sanctions. What will it mean for relations between the U.S. and Europe? Then, India’s unemployment rate is at a 40-year high, and it comes ahead of elections in just a few months. Plus, today marks just two months until the U.K. leaves the E.U., but as politicians struggle with finalizing an exit deal, British carmakers say they’re on “red alert” as investment in the industry has dropped nearly 80 percent over the last three years.

Today’s show is sponsored by the University of Florida Warrington College of Business, Wasabi Hot Cloud Storage and Indeed.

The team

Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Brian Allison Engineer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Rose Conlon Producer