An oil-for-goods barter system between Iran and Russia is well under way and is not affected by the sanctions imposed on some trade with Iran because of its nuclear program, according to Russia’s deputy foreign minister, Sergei Ryabkov.
So far, the system, designed to last five years, is operating on a "very significant scale," Ryabkov told legislators on April 13 in Moscow.
"In exchange for Iranian crude oil supplies, we are delivering certain products," he said. "This is not banned or limited under the current sanctions…"
- The S&P 500 posted its biggest percentage loss since March 25 on Friday as investors shunned risk amid new trading regulations in China, renewed worries about Greece running out of money, and tepid U.S. corporate earnings.
Park Board temporarily closing seawall near Siwash Rock. It's to allow for shore cleanup following the fuel spill. Cleanup will focus on English Bay and Stanley Park.
Man shot dead by Vancouver Police. The VPD confirms officers shot the man at Gore Avenue and Hastings Street. It says he had stabbed three people and an attempt to shoot him with a bean bag gun wasn't effective. Two men suffered non-life threatening injuries and one woman is in critical condition in the hospital.
Suspicious death on UBC campus. RCMP say the body of a man was found on the property of Norman MacKenzie House at around 12:30 p.m. The circumstances surrounding the death aren't yet known
A man who was found in an East Vancouver parking lot with a serious head injury on Friday has now died. Police don't yet know the cause of his injury and no arrests have been made. This is the city's sixth homicide of 2015.
A Masters champion is crowned. 21-year-old Jordan Spieth has won his first major title by defeating Justin Rose and Phil Mickelson by four shots at The Masters. Spieth tied a Masters record by finishing with a score of 18-under par. Listen for sports at :15 and :45.
Religious Freedom and Fairness for All. A diverse coalition of faith communities, including The Church of Jesus Christ of Latter-day Saints, has filed an amicus brief with the United States Supreme Court to lend its voice on the coming same-sex marriage case. This article explains why the Church has joined the brief.
Former CEO sentenced for animal cruelty The BC SPCA says it's pleased with the $5,000 fine and three-year ban on owning animals for Desmond Hague. He was caught on camera kicking a puppy in a Vancouver elevator.
Op-Ed: Harper government privatizing Canadian Wheat Board.
By Ken Hanly … 21 hours ago in Business. Ottawa - Canadian Agriculture Minister Gerry Ritz announced the deal with the multinational G3 Global Grain Group. The G3 are actually paying not one cent for the 50.1 per cent share they will get in the company.