Oil prices stabilise in subdued trade
LONDON, April 27, 2007 (AFP) - World oil prices steadied on Friday in muted trade ahead of the weekend, dealers said. In London, the...
Oil prices higher on US gasoline reserves concerns
SINGAPORE, April 27, 2007 (AFP) - Oil prices were higher in Asian trade Friday with tighter US gasoline (petrol) supplies a key concern...
Commerzbank pares ties with Iran
Agence France Presse, FRANKFURT - Commerzbank, the second-biggest bank in Germany, is to join other European banks in curtailing its activities with Iran, a...
U.S. effort to isolate Iran gains ground as European bank restrictions take hold
By GLENN R. SIMPSON in Brussels and DAVID CRAWFORD in BerlinThe Wall Street Journal - The U.S. government's attempt to isolate Iran's economy will...
US blacklists Iran’s Bank Sepah, cites weapons proliferation
Agence France Presse, WASHINGTON - The US Treasury Department said Tuesday that it has blacklisted Iran's fifth largest state-owned bank, Bank Sepah, because it...
Iranian workers still wait for better times
By Edmund BlairReuters - Outside the gates of Tebed Spinning Company in this industrial town west of the Iranian capital, a group of laid-off...
Iran: 50,000 workers laid off in two months
NCRI - As the state of economy deteriorating in Iran workers and the poor paid the heavy price. According to the Iranian regime's Labor...
Iran’s nuclear ambition hits piggy banks
By Iason AthanasiadisThe Washington Times, TEHRAN - Threats of an international financial squeeze stemming from the showdown over Iran's nuclear program have sent Iranians...
Iranian’s Plans for Economy Spur Widespread Concern
By NAZILA FATHIThe New York Times, TEHRAN ââ¬â As President Mahmoud Ahmadinejad moves to make good on his campaign promise to distribute Iran's increasing...
Swiss banks quit Iran-Swissinfo
Swissinfo - Switzerland's largest bank, UBS, has confirmed that it is ceasing all operations in Iran.
On Sunday UBS corroborated a report in the SonntagsZeitung...