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Iran bans imports from 100 European companies

Iran reportedly plans to ban imports from European companies as part of its countersanctions against the European Union (EU).
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[Economic] Persia refuses to deliver 500k-barrel oil shipment to Greece

Iran has refused to deliver a 500,000-barrel shipment of oil to Greece in response to EU oil sanctions imposed against the country. ...
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[Economic] EU says ready for talks with Iran

President of the European Council has called for a diplomatic approach to resolve the disputes over the Islamic Republic's nuclear energy program, while expressing his support for the bloc's recent sanctions on Iran. ...
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[Economic] Iran to end oil exports to some states

Iran's Oil Minister Rostam Qasemi says the Islamic Republic will soon stop crude oil exports to certain countries in the wake of the European Union's decision to ban imports of oil from Iran. ...
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[Economic] Velayati: No one can sell oil if Iran cannot

A senior Iranian official has dismissed as futile the latest EU sanctions on the country's oil exports, adding that Tehran will not allow a condition to arise wherein others are allowed to sell oil and Iran is not...
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[Economic] Iran, Russia to step up anti-drug bid

A senior Iranian official says Iran and Russia, which are both located on the drug transit route from Afghanistan to Europe, are planning to step up their cooperation against drug trafficking. ...
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[Economic] Asia oil prices soar on West-Iran rifts

Oil prices have climbed in the Asian trade markets on fresh worries over tensions between the Western countries and major oil producer, Iran. ...
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[Economic] Moody's downgrades three US banks

Moody's Investor Service downgrades the credit ratings of Bank of America Corp, Wells Fargo & Co, and Citigroup Inc, amid worries over the lack of government support for major banks in case of crisis. ...
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[Economic] Euro falls on Italy's credit downgrade

The euro sank to a seven-month low on Tuesday, helped by the news that Standard and Poor had cut Italy's credit rating and the state bank of China halted exchange swaps trading with several European banks. ...
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[Economic] World econ. in dangerous phase: IMF

IMF chief Christine Lagarde has warned that the financial crisis in developed economies has entered a "dangerous new phase" worsened by dysfunctional politics. ...
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[Economic] Iran, Russia discuss bilateral energy ties

Iranian and Russian officials have held a meeting on the sidelines of 11th International Oil and Gas exhibition in Moscow to discuss ways to expand energy cooperation. ...
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[Economic] Crude prices rise on US, China data

Crude oil prices have surged as the positive data from the United States and China eased concerns about the global oil demand. ...
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[Economic] Persian backs NAM in fighting unemployment

Iranian Minister of Labor and Social Affairs Abdolreza Sheikholeslami has voiced Tehran's support for the Non-Aligned Movement's (NAM) plans to tackle the global unemployment crisis. ...
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[Economic] Iranian companies ink €6b gas deal

Iran Power Plant Projects Management Co. (MAPNA) has signed a six-billion-euro agreement with Iranian Offshore Oil Co. (IOOC) to develop Iran's Forooz B gas field. ...
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[Economic] World needs new reserve currency

A prominent American economist says the world needs a new global reserve currency to avert trade imbalances that are reflected in the US national debt. ...
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[Economic] Dubai economy hit by anti-Iran sanctions

The unilateral sanctions slapped against Iran have seriously challenged Dubai's economy and forced the local government to explore other avenues in order to repay its debts. ...
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[Economic] Iran to send more aid shipments to Japan and Libya

The spokesman of Iran's Red Crescent Society (IRCS) says the Islamic Republic will send its third shipment of humanitarian aid to quake-hit Japan and second humanitarian aid shipment to Libya ...
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[Economic] Iran to send more aid shipments to Japan and Libya

The spokesman of Iran's Red Crescent Society (IRCS) says the Islamic Republic will send its third shipment of humanitarian aid to quake-hit Japan and second humanitarian aid shipment to Libya ...
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[Economic] Persia to open 3rd phase of Kish oil bourse

Iran is set to inaugurate the third phase of oil bourse on Kish Island in the Persian Gulf for trade in crude and petrochemical products with vast opportunities for foreign companies. ...
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[Economic] Iran's first aid cargo arrives in Japan

Iran's first shipment of humanitarian aid for Japan's disaster-hit areas has arrived, Iranian Ambassador to Japan Abbas Araqchi says. ...
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Iran bans imports from 100 European companies

Iran reportedly plans to ban imports from European companies as part of its countersanctions against the European Union (EU).
image

Persia refuses to deliver 500k-barrel oil shipment to Greece

Iran has refused to deliver a 500,000-barrel shipment of oil to Greece in response to EU oil sanctions imposed against the country.
image

EU says ready for talks with Iran

President of the European Council has called for a diplomatic approach to resolve the disputes over the Islamic Republic's nuclear energy program, while expressing his support for the bloc's recent sanctions on Iran.
image

Iran to end oil exports to some states

Iran's Oil Minister Rostam Qasemi says the Islamic Republic will soon stop crude oil exports to certain countries in the wake of the European Union's decision to ban imports of oil from Iran.
image

Velayati: No one can sell oil if Iran cannot

A senior Iranian official has dismissed as futile the latest EU sanctions on the country's oil exports, adding that Tehran will not allow a condition to arise wherein others are allowed to sell oil and Iran is not

Iran, Russia to step up anti-drug bid

A senior Iranian official says Iran and Russia, which are both located on the drug transit route from Afghanistan to Europe, are planning to step up their cooperation against drug trafficking.
image

Asia oil prices soar on West-Iran rifts

Oil prices have climbed in the Asian trade markets on fresh worries over tensions between the Western countries and major oil producer, Iran.
image

Moody's downgrades three US banks

Moody's Investor Service downgrades the credit ratings of Bank of America Corp, Wells Fargo & Co, and Citigroup Inc, amid worries over the lack of government support for major banks in case of crisis.
image

Euro falls on Italy's credit downgrade

The euro sank to a seven-month low on Tuesday, helped by the news that Standard and Poor had cut Italy's credit rating and the state bank of China halted exchange swaps trading with several European banks.
image

World econ. in dangerous phase: IMF

IMF chief Christine Lagarde has warned that the financial crisis in developed economies has entered a "dangerous new phase" worsened by dysfunctional politics.
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