Most French firms ‘won’t be able to stay’ in Iran: France’s finance minister

French oil group Total has already indicated it is unlikely to stay in the country after the new sanctions announced by US President Donald Trump. (AFP)
Updated 19 June 2018
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Most French firms ‘won’t be able to stay’ in Iran: France’s finance minister

PARIS: Most French companies hoping to keep doing business in Iran after the US imposes new sanctions on the country will find it impossible to do so, Finance Minister Bruno Le Maire said Tuesday.
These companies “won’t be able to stay because they need to be paid for the products they deliver to or build in Iran, and they cannot be paid because there is no sovereign and autonomous European financial institution” capable of shielding them, Le Maire told BFM television.
The new sanctions announced by US President Donald Trump in May after he pulled out of a 2015 nuclear deal with Tehran would punish any foreign firm operating in Iran which also does business with the US or in dollars.
“Our priority is to build independent, sovereign European financial institutions which would allow financing channels between French, Italian, German, Spanish and any other countries on the planet,” Le Maire said.
“It’s up to us Europeans to choose freely and with sovereign power who we want to do business with,” he added.
“The United States should not be the planet’s economic policeman.”
Le Maire and his EU counterparts have been trying to secure exemptions for their firms, many of which rushed back into Iran after the landmark accord curtailing Tehran’s nuclear program.
But French oil group Total and carmaker PSA have already indicated they are unlikely to stay in the country, while Renault has said it will remain despite the sanctions — though it does not sell its cars in the US.
Analysts have warned it would be nearly impossible to protect multinationals from the reach of the “extraterritorial” US measures, given the exposure of large banks to the US financial system and dollar transactions.
The first round of the new sanctions, targeting Iran’s auto and civil aviation sectors, are scheduled to go into effect on August 6.


Chicago prosecutors charge R. Kelly with abusing 4 victims

This June 13, 2008 file photo shows R&B singer R. Kelly, arriving at 3the Cook County Criminal Court Building in Chicago. (AP)
Updated 25 min 59 sec ago
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Chicago prosecutors charge R. Kelly with abusing 4 victims

  • The singer and songwriter, whose legal name is Robert Kelly, rose from poverty on Chicago’s South Side and has retained a sizable following, despite the accusations

CHICAGO: R. Kelly, the R&B star who has been trailed for decades by allegations that he violated underage girls and women and held some as virtual slaves, was charged Friday with aggravated sexual abuse involving four victims, including at least three between the ages of 13 and 17.
In a brief appearance before reporters, Cook County State’s Attorney’s Kim Foxx announced the 10 counts against the 52-year-old Grammy winner. She said the abuse dated back as far as 1998 and spanned more than a decade. She did not comment on the charges or take questions.
The singer, who has consistently denied any sexual misconduct, was to appear in court Saturday. His attorney, Steve Greenberg, said Kelly planned to turn himself in Friday night.
“He is extraordinarily disappointed and depressed. He is shell-shocked by this,” Greenberg told The Associated Press.
The arrest sets the stage for another #MeToo-era celebrity trial. Bill Cosby went to prison last year, and former Hollywood studio boss Harvey Weinstein is awaiting trial.
Best known for hits such as “I Believe I Can Fly,” Kelly was charged a week after Michael Avenatti, the attorney whose clients have included porn star Stormy Daniels, said he gave prosecutors new video evidence of the singer with an underage girl. It was not immediately clear if the charges were connected to that video, which Avenatti said included audio in which Kelly and the girl say several times that she is 14 years old.
Avenatti said the charges marked “a watershed moment in the 25 years of abuse” by Kelly and that he believes more than 10 other people associated with Kelly should be charged as “enablers” for helping with the assaults, transporting minors and covering up evidence.
The video surfaced during a 10-month investigation. Avenatti told the AP that the person who provided the VHS tape knew both Kelly and the female in the video.
In 2008, a jury acquitted Kelly of child pornography charges over a graphic video that prosecutors said showed him having sex with a girl as young as 13. He and the young woman allegedly depicted with him denied they were in the 27-minute video, even though the picture quality was good and witnesses testified it was them, and she did not take the stand. Kelly could have gotten 15 years in prison.
Charging Kelly now for actions that occurred in the same time frame as the allegations from the 2008 trial suggests the accusers are cooperating this time and willing to testify.
Because the alleged victim 10 years ago denied that she was on the video and did not testify, the state’s attorney office had little recourse except to charge the lesser offense under Illinois law, child pornography, which required a lower standard of evidence.
Each count carries up to seven years in prison. If Kelly is convicted on all 10 counts, a judge could decide that the sentences run one after the other — making it possible for him to receive up to 70 years behind bars. Probation is also an option under the statute.
Greenberg said he offered to sit down with prosecutors before charges were filed to discuss why the allegations were “baseless.” But they refused, he said.
“Unfortunately, they have succumbed to the court of public opinion, who’ve convicted him,” he said.
Legally and professionally, the walls began closing in on Kelly after the release of a BBC documentary about him last year and the multipart Lifetime documentary “Surviving R. Kelly,” which aired last month. Together they detailed allegations he was holding women against their will and running a “sex cult.”
After the latest documentary, Foxx said she was “sickened” by the allegations and asked potential victims to come forward.
#MeToo activists and a social media movement using the hashtag #MuteRKelly called on streaming services to drop Kelly’s music and promoters not to book any more concerts. Protesters demonstrated outside Kelly’s Chicago studio.
As recently as Thursday, two women held a news conference in New York to describe how Kelly picked them out of a crowd at a Baltimore after-party in the mid-1990s when they were underage. They said Kelly had sex with one of the teens when she was under the influence of marijuana and alcohol and could not consent.
Latresa Scaff and Rochelle Washington were joined by lawyer Gloria Allred when they told their story publicly for the first time.
In the indictment, the prosecution addresses the question of the statute of limitations, saying that even abuse that happened more than two decades ago falls within the charging window allowed under Illinois law. Victims have 20 years to report abuse, beginning after they turn 18.
The singer and songwriter, whose legal name is Robert Kelly, rose from poverty on Chicago’s South Side and has retained a sizable following, despite the accusations. He has written numerous hits for himself and other artists, including Celine Dion, Michael Jackson and Lady Gaga. His collaborators have included Jay-Z and Usher.
Kelly broke into the R&B scene in 1993 with his first solo album, “12 Play,” which produced such popular sex-themed songs as “Bump N’ Grind” and “Your Body’s Callin’.”
Months after those successes, the then-27-year-old Kelly faced allegations he married 15-year-old Aaliyah, the R&B star who later died in a plane crash in the Bahamas. Kelly was the lead songwriter and producer of Aaliyah’s 1994 debut album.
Kelly and Aaliyah never confirmed the marriage, though Vibe magazine published a copy of the purported marriage license. Court documents later obtained by the Chicago Sun-Times showed Aaliyah admitted lying about her age on the license.
Jim DeRogatis, a longtime music critic for the Chicago Sun-Times, played a key role in drawing the attention of law enforcement to Kelly. In 2002, he received the sex tape in the mail that was central to Kelly’s 2008 trial. He turned it over to prosecutors. In 2017, DeRogatis wrote a story for BuzzFeed about the allegations Kelly was holding women against their will in Georgia.