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Showing posts with the label RFERL

U.S. Vice President Calls On Europe To Abandon Iran Nuclear Deal

3 minutes U.S. Vice President Mike Pence has called on European allies to renounce a landmark 2015 nuclear deal with Iran. "The time has come for our European partners to stand with us and with the Iranian people," Pence said on February 15 at the Munich Security Conference in Germany. "The time has come for our European partners to withdraw from the Iran nuclear deal." Under the agreement, major world powers agreed to provide sanctions relief to Iran in exchange for restrictions on Iran's nuclear program. The United States withdrew from the agreement last year and began reimposing sanctions. U.S. President Donald Trump has said the agreement was "fatally flawed" because it did not address Iran's ballistic-missile program or Iran's alleged state sponsorship of terrorism. The other signatories to the agreement -- France, Germany, Britain, the European Union, Russia, and China -- have all been working to save t

Moscow Court Orders American Financier Held In Custody Pending Trial

3-4 minutes A Moscow court has sanctioned the arrest of a prominent American investment-fund manager who is accused of large-scale fraud. The Basmanny district court on February 16 remanded Michael Calvey, founder of the Baring Vostok investment company, to custody until April 13 pending trial. A defense lawyer told Interfax that Calvey would appeal the court's decision. Calvey was detained in Moscow the previous day along with three other Baring Vostok employees, former Vostochny Bank CEO Aleksei Kordichev, and PKB General Director Maksim Vladimirov. All six defendants have now been remanded to custody. At the February 16 hearing, Calvey -- who denies any wrongdoing -- told the court that he would cooperate with the investigation and asked to be placed under house arrest. The court, however, ruled that he should be confined under the same terms as the other defendants. After the hearing, Ivan Melnikov, head of the Moscow public monitoring commission, said he had be