Iran Cut Off From Global Commerce

Iran Sanctions

The body that handles global banking transactions says it will cut Iran's banks out of the system on Saturday to enforce EU sanctions.

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  • Portman among 47 GOP senators to sign letter to Iran
    WASHINGTON — In a move Democrats denounced as trying to sabotage the Obama administration’s foreign policy, Sen. Rob Portman and 46 other Senate Republicans yesterday warned Iran’s leadership that any agreement to limit Tehran’s apparent efforts to build a nuclear bomb would need Senate approval to stay in effect beyond 2016. More
  • Germany: Chancellor Merkel on visit to Afghanistan
    Germany says its leader is in Afghanistan to on a surprise visit to the nation's troops serving with NATO's force in a war against Taliban insurgents. More
  • Philippines mulls pullout of Syria peacekeepers
    The Philippine foreign secretary says he is recommending to President Benigno Aquino III to pull out all Filipino U.N. peacekeepers from the Golan Heights following the abduction of four by Syrian rebels. More
  • Iran president still a force even as his era ends
    When many struggling families in this eastern Iranian city take stock of outgoing President Mahmoud Ahmadinejad's legacy, it's not about the oratory full of bluster and menace or his tussles with Iran's ruling clerics that are known to much of the world. More
  • Kerry: Russia sells missile defense to Syria
    Secretary of State John Kerry says the transfer of advanced missile defense systems from Russia to Syria would be a "destabilizing" factor for Israel's security. More
  • China's industrial profits rise 14% as global trade improves
    China’s exporters are capitalizing on the improved demand amid concern that the global economy may slow in the longer term ... policy makers try to rein in excessive credit. A surprise cut in China’s debt rating by Moody’s Investors Service ...
    05/27/2017 - 7:25 pm | View Link
  • OPEC extends oil output cut by nine months to fight glut
    The two sides decided to remove about 1.8 million barrels per day from the market in the first half of 2017, equal to 2 percent of global production. Despite the output cut, OPEC kept exports fairly stable in the first half of 2017 as its members sold oil ...
    05/25/2017 - 1:14 am | View Link
  • Oil in Global Economy Series: Iran still in doubt over term of OPEC deal
    OPEC leaders are meeting today in their Vienna headquarter in Austria to decide the fate of the current production cut agreement that was reached among OPEC members and participating non-OPEC members last November with an aim to reduce global oil supply by ...
    05/24/2017 - 8:48 pm | View Link
  • Iran sees OPEC consensus for nine-month oil output cut extension
    are scheduled to decide whether to extend an agreement to cut world supply, an effort that has only recently started to bear fruit in global inventory figures. The API report also showed a decline of 3.15 million barrels in gasoline stocks, while ...
    05/24/2017 - 12:00 pm | View Link
  • ‘Iran not expecting OPEC call to cut output’
    He said extending the output cut would be the key topic for discussions in Vienna ... OPEC clinched a historic deal with Russia and other non-members last December to slash global production by nearly 1.8 million barrels per day (bpd) for six months ...
    05/23/2017 - 11:36 pm | View Link
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  • Iran
    The earliest archaeological artifacts in Iran, like those excavated at the Kashafrud and Ganj Par sites, attest to a human presence in Iran since the Lower ...
    05/22/2017 - 9:22 pm | View Website
  • Iran-Iraq War (1980-1988)
    Iran-Iraq War (1980-1988) The Iran-Iraq War permanently altered the course of Iraqi history. It strained Iraqi political and social life, and led to severe economic ...
    05/22/2017 - 1:08 pm | View Website
  • Iran
    A Look at Iranian Language, Culture, Customs and Etiquette Facts and Statistics. Location: The Middle East, bordering Afghanistan 936 km, Armenia 35 km, Azerbaijan-proper
    05/22/2017 - 10:45 am | View Website
  • Crude oil: Iran said to cut benefits on oil sales to ...
    By Debjit Chakraborty and Dhwani Pandya Iran will cut some benefits to Indian state-run refiners on crude purchases after the South Asian country decided to reduce ...
    04/8/2017 - 10:47 am | View Website
  • Oil prices: OPEC reaches a deal to cut production | The ...
    Oil prices OPEC reaches a deal to cut production. Oil prices surge as Saudi Arabia and Iran sign on to a deal at OPEC’s meeting in Vienna
    12/1/2016 - 8:29 am | View Website
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