Iran denies US claim it’s helping Venezuela oil sector

Iran denies US claim it’s helping Venezuela oil sector

Iran's foreign ministry in a statement called Abrams' claims "baseless," without directly addressing accusations that the Islamic republic is being paid in gold. Elliott Abrams, the envoy leading US efforts to topple Venezuela's leftist leader Nicolas Maduro, has alleged that the cash-strapped country is paying Iran in gold to restore the troubled sector.. Lebanon banks reject rescue plan as government asks IMF for help /node/1668186/middle-east. The association called on members of parliament to reject it in part for infringing on private property rights.. "As laid out in the Plan, the domestic (bank) restructuring will further destroy confidence in Lebanon both domestically and internationally .... A central plank of the plan rests on covering financial sector losses of roughly $70 billion in part by a bank shareholder bail-in that would wipe out their capital and cash from large depositors that would be restored later.. A source close to the banking sector said the IMF was likely to consult the banks on the rescue plan before moving forward.. The source said the association was planning to present a plan of its own to the government in one to two weeks.. The rescue plan, which calls for an additional $10 billion in