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Episode details

World Service,25 Sep 2018,26 mins

Plan Raised to Evade US Sanctions on Iran

World Business Report

Available for over a year

A new payment system is to be created as major powers try to keep doing business with Iran. Mehrdad Emadi is an economist at the consultancy Betamatrix, and tells us how the new proposal might work. Also in the programme, the founders of the photo sharing app, Instagram, have left the company, amid reports of tension between them and its parent company, Facebook. Ingrid Lunden is a journalist with technology website TechCrunch, and explains what's behind the move. We hear about a strike in Argentina which the organisers hoped would bring the country to a standstill, and get analysis of the country's economic difficulties from our regular commentator Roger Bootle of Capital Economics. Plus our reporter considers the prospects for secondary ticket resellers, given that the British government has been trying to clamp down on how such websites work. (Picture: Iranian flag. Picture credit: Getty Images.)

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