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    Friday, June 12
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    Ukraine Moves to Sanction Iran for 50yrs

    Olu AnisereBy Updated:No Comments1 Min Read
    Ukraine Moves to Sanction Iran for 50yrs
    Ukraine's President Volodymyr

    Ukraine Moves to Sanction Iran for 50yrs

    Ukraine’s President Volodymyr Zelenskiy has put forward a bill that would see Ukraine impose sanctions on Russian ally Iran for 50 years, Zelenskiy’s chief of staff Andriy Yermak said on Sunday, a response to what Kyiv says is Tehran’s weapons supplies to Moscow.

    Kyiv and its allies say Iran has been supplying Russia with arms, including hundreds of drones, since Moscow invaded Ukraine last year. Tehran rejects the allegations.

    If passed by Ukraine’s parliament, the bill would stop Iranian goods transiting through Ukraine and use of its airspace, as well as imposing trade, financial and technology sanctions against Iran and its citizens.

    Kyiv said on Sunday that Moscow had staged the largest drone strike to date on Ukraine overnight, using 54 Iran-made drones. It said 52 of them were shot down. # Ukraine Seeks to Sanction Iran for 50yrs

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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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