Iran has suggested isolating the US by ditching the dollar during a meeting yesterday with Russian President Vladimir Putin in Tehran. Remonstrating against US threats to impose new sanctions and cancel the nuclear agreement, Supreme Leader Ali Khamenei said: “We can nullify US sanctions, using methods such as eliminating the dollar and replacing it with national currencies in transactions between two or more parties; thus, isolate the Americans.” Source Middle East Monitor
The first families of Boers, descendants of Dutch settlers in South Africa, could soon be moving to Russia to escape rising violence against farmers. Some 15,000 Boers want to leave South Africa and become farmers in Russia. Source: RT
Italian bonds fell on concern that Finance Minister Giovanni Tria, whose appointment brought a relative calm to the nation’s markets, may be forced to step down. Source: Bloomberg
China has lent Cambodia $259 million to build a new road in the capital Phnom Penh with Cambodia describing relations between the two countries as being at the “best stage” ever. Source: Reuters
