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Iran to carry on with missile program despite U.S. sanctions: spokesman

In remarks about the nuclear deal over the weekend, President Obama stressed that “there remain profound differences between the United States and Iran” on issues ranging from threats against Israel and other USA allies to domestic violations of human rights.

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“The U.S. sanctions against Iran’s ballistic missile program… have no legal or moral legitimacy”, Ansari said, in a televised news conference, according to Reuters.

Aware of some American politicians’ disapproval of Iran’s increased freedom, Ayatollah Khamenei wrote, “Be careful that the other side fully meets its commitments”. Tehran cut all commercial ties with Riyadh, and banned its pilgrims from travelling to Mecca.

In a joint statement, the European Union and Iran said numerous nuclear-related sanctions had been lifted immediately after Iran had completed the steps needed to implement July’s Joint Comprehensive Plan of Action.

The lifting of sanctions and the prisoner deal considerably reduce the hostility between Tehran and Washington that has shaped the Middle East since Iran’s Islamic Revolution in 1979.

The family of an Iranian American reporter who spent more than a year behind bars is thanking US lawmakers and the journalism community for assisting in the chain of events which lead to his release.

Kerry, in defending the agreement, said that “Iran’s recovery was fixed at a reasonable rate of interest and therefore Iran is unable to pursue a bigger tribunal award against us, preventing USA taxpayers from being obligated to a larger amount of money”.

The move came after worldwide nuclear sanctions on Iran were lifted as part of a deal hailed by President Barack Obama on Sunday as “smart”.

Hours earlier, his transport minister Abbas Akhoondi told the Tasnim news agency that Iran meant to buy 114 civil aircraft from Airbus – a deal that could be worth more than $US10billion ($F21.9b) at catalog prices.

Under the nuclear deal, Iran had agreed to scale back its nuclear program, which western powers have long suspected of seeking to develop weapons. Iran, in turn, responded to the gesture by releasing five Americans held inside the country on various charges.

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Iranian state television quoted Valiollah Seif, the head of Iran’s central bank, as saying that Tehran transferred funds from banks in Japan and South Korea to other banks in Germany and the United Arab Emirates.

Four freed Iranian-Americans heading to Switzerland