Sanction

US imposes sanctions against Iran drone, weapons production

Rose Mar 22, 2023

On Tuesday, US Treasury Department revealed penalties targeting firms and individuals that help Iran drone and other military projects. The US Treasury Department stated that Iran's Ministry of Defense and Armed Forces Logistics runs the…

Huawei lost 80 million of customers due to US sanction; What’s next?

Rose Feb 13, 2023

The company experienced a significant decline in its main line of business, smartphones, as a result of the various sanctions placed on Huawei. Currently, a Xiaomi executive has revealed which brands benefited from this situation. The…

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