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News Today: Leading French shipping group pulls out of Iran - Hot News-News of the United States was founded in 1933 by David Lawrence (1888-1973), which also started the World Report in 1946. The two magazines are covering national and international news separately, but Lawrence combines them into news reports of U.S. in World and 1948 [1] and Later sold the magazine to its employees. Historically, this magazine tends to be a bit more conservative than the two main competitors, Time and Newsweek, and focus more on the story of economic, health, and education. It's also distancing news, entertainment and sports celebrities. [2] an important milestone in the history of the beginning of the magazine is including the introduction of the "Washington Whispers" column in 1934 and the column "News You Can Use" in 1952. [3] [4] in 1958, the circulation of the weekly magazine passed one million and two million in 1973. (
wikipedia) News Today: Leading French shipping group pulls out of Iran - Hot News

French shipping group CMA CGM has decided to pull out of Iran following the Trump administration’s decision to renew sanctions on companies operating in the country, its chief executive said on Saturday, according to
Reuters.
“Due to the Trump administration, we have decided to end our service for Iran,” CMA CGM chief Rodolphe Saade said during an economic conference in the southern French city of Aix-en-Provence.
“Our Chinese competitors are hesitating a little, so maybe they have a different relationship with Trump, but we apply the rules,” Saade added, as quoted by Reuters.
He added that his company’s cooperation agreement with local Iranian partner IRISL had been suspended and that the company did not want to fall foul of the rules given their large presence in the United States.
In May, U.S. President Donald Trump
pulled out of the 2015 deal under which sanctions on Iran were lifted in return for curbs to its nuclear program. Washington has since
told countries they must stop buying Iranian oil from November 4 or face financial measures.
Tehran has demanded that Europe come up with an economic package to offset the effects of the U.S. withdrawal but so far
has found Europe’s proposals to be unsatisfactory.
On Friday, Iranian Foreign Minister Mohammad Javad Zarif met with the remaining signatories to the 2015 deal.
Following the meeting in Vienna,
Zarif praised the remaining partners – Britain, France, Germany, Russia and China – for their "will to resist" U.S. pressure.
"What I noticed during this meeting is that all the members, even the three allies, have committed and have the political will to take action and resist the United States," he told a press conference after talks in Vienna.
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