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US slaps sanctions on two foundations linked to Iranian supreme leader

The United States on Wednesday blacklisted two Iranian foundations controlled by Supreme Leader Ayatollah Ali Khamenei and their subsidiaries, saying the institutions enabled Iran’s elite to sustain a “corrupt” system of ownership over large parts of the economy. The designations announced by the US Department of the Treasury target Execution of Imam Khomeini’s Order (EIKO) and Astan Quds Razavi (AQR), their leaders and subsidiaries. These are the latest actions to reinforce the “maximum pressure” campaign on Iran pursued by US President Donald Trump’s administration. “These institutions enable Iran’s corrupt leaders to exploit a system of ownership over a wide range of sectors of Iran’s economy,” US Secretary of State Mike Pompeo said in a statement. US-Iranian tensions have risen since T...

Kuwaiti opposition make gains in first parliamentary vote under new emir

Opposition candidates made gains in a parliamentary vote in Kuwait in which two thirds of MPs lost their seats and no women were elected, a result which analysts said could hamper government reform efforts to address a severe liquidity crunch. Emir Sheikh Nawaf al-Ahmad al-Sabah, who took the reins in September following the death of his brother, had raised hopes of a detente between the ruling family and their critics in the perpetually deadlocked and fractious parliament. The final count carried on state media on Sunday showed that 31 new lawmakers had been elected to the 50-seat assembly, which is unusually outspoken for the highly authoritarian Gulf region. None of the 29 female candidates who stood in the election were successful. There was no official figure for turnout but local med...