Satellite Images Show Five New Stealth F-22s On US Base Near Iran
Source: BusinessInsider
Tehrān :: Iran | updated 2013-05-21 06:38:08 -0700 | business-news
The aircraft, parked next to an F-15E Strike Eagle, are five of the six F-22 that had (more or less secretely) deployed in South East Asia from Holloman New Mexico, via Moron, Spain , on Apr. 20, 2012. The image...
Historical tomb paintings make way for glasswork
Source: The Hindu
Tehrān :: Iran | updated 2013-05-21 02:03:34 -0700 | business-news
Intricate paintings done over 600 years ago inside the tomb of Sufi saint Syed Shaha Qhabululla Husayni, at the dargah of Sufi saint Khwaja Bandanawaz Geusdaraz, could soon be replaced with glasswork. Artist and scholar Rehman Patel, who brought to...
America lifts ban on Iraqi bank cooperated with Iran
Source: Zawya Political
Tehrān :: Iran | updated 2013-05-18 23:52:43 -0700 | business-news
U.S. administration lifted the ban imposed on an Iraqi bank that ended its cooperation with Iran. "The talk revolves around Elaf Islamic bank that faced sanctions against it in July of 2011, due to its financial ties between the bank...
Iran Wants More Money From You
Source: The Motley Fool
Tehrān :: Iran | updated 2013-05-18 06:21:34 -0700 | business-news
Meanwhile, here in 2013, retail gasoline prices spiked to $3.60 a gallon on average -- $3.94 on the West Coast -- the sharpest rise in prices seen in the past three months...In fact, if the Islamic Republic has anything to...
Undermining Iranian Currency By Blocking Gold Imports
Source: Scoop
Tehrān :: Iran | updated 2013-05-17 18:50:43 -0700 | business-news
fix was USD 1,377.00, EUR 1,070.01 and GBP 904.32 per ounce. Gold fell $6.00 or -0.43% yesterday to $1,386.70/oz and silver finished +0.71%. Nothing has changed regarding the positive fundamentals of the physical gold market. All that has changed is...
Oil below $104 on demand worries, strong dollar
Source: Qatar English Daily
Tehrān :: Iran | updated 2013-05-17 02:06:49 -0700 | business-news
Oil slipped on Friday, staying below $104 a barrel on concern about the strength of demand growth and as policymaker talk of the future removal of U.S. monetary stimulus boosted the dollar. Three regional Federal Reserve officials called for...
The Rise and Fall of Anonymous Bitcoins
Source: NY Daily News
Tehrān :: Iran | updated 2013-05-15 12:04:37 -0700 | business-news
It's the digital currency that claims to be completely anonymous, non-inflationary and more secure than Fort Knox. Its largest backer, Bitcoin Foundation , says the virtual money "cannot be manipulated by any government, bank, organization or individual."
Pentagon, short on cash, puts civilians on unpaid leave
Source: Times of Oman
Tehrān :: Iran | updated 2013-05-15 18:02:07 -0700 | business-news
The Pentagon told its civilian workforce on Tuesday that it will put most of them on unpaid leave for one day a week starting in July, a deeply unpopular move that Defense Secretary Chuck Hagel blamed on sweeping budget cuts...
Iran to produce 41% of Mideast petrochemicals
Source: Zawya Regional
Tehrān :: Iran | updated 2013-05-14 22:37:37 -0700 | business-news
Iranian plants will produce 41 percent of the Middle East's petrochemical output in seven years, a senior trade official announced. Managing Director of the National Petrochemical Company (NPC) Abdolhussein Bayat made the remark on the sidelines of the 10th International...
How India dealt with Iran without treading on U.S. toes
Source: The Hindu
Tehrān :: Iran | updated 2013-05-14 16:14:05 -0700 | business-news
New Delhi asked Tehran to mention only Afghanistan as key reason for Chabahar port pact India has managed to balance the task of assuaging American paranoia about dealing with Tehran as well as confirming with Iran plans to participate in...
US boom transforming global oil trade
Source: Fox News
Tehrān :: Iran | updated 2013-05-14 14:44:18 -0700 | business-news
The surge in oil production in the U.S. and Canada and shrinking oil consumption in the developed world is transforming the global oil market. The threat of chronic oil shortages is all but gone, U.S. dependence on Middle Eastern oil...
Iran hopes OPEC lowers output
Source: Qatar English Daily
Tehrān :: Iran | updated 2013-05-13 13:49:29 -0700 | business-news
Rostam Qasemi told reporters at a petrochemical conference in Tehran. The Organisation of the Petroleum Exporting Countries last week boosted production to 30.21 million barrels a day in April from 29.93 million in March maintaining a flat forecast of global...
Telecommunications Company of Iran to invest IRR25trn
Source: Zawya Regional
Tehrān :: Iran | updated 2013-05-12 22:43:16 -0700 | business-news
Telecommunications Company of Iran (TCI) is to make investments worth 25 trillion rials during the current Iranian year (started March 21)...Seyyed-Hashemi added that following the privatization process in TCI, the investment rate has risen. "We have invested 17 trillion rials...
Israeli defence, finance chiefs wage battle over budget
Source: The Daily Star
Tehrān :: Iran | updated 2013-05-12 10:01:10 -0700 | business-news
Israel's Finance Minister Yair Lapid (L) and Economy Minister Naftali Bennett stand together during the swearing-in ceremony of the new government at the Knesset, the Israeli Parliament, in Jerusalem in this March 18, 2013 file photo. Israel's security cabinet was...
Iran: Cement growth remarkable
Source: Zawya Regional
Tehrān :: Iran | updated 2013-05-08 22:10:28 -0700 | business-news
Iran's cement output registered a remarkable increase after the launch of several production plants in recent years. Fars News Agency that Iran produced over 80 million tons of cement in the last Iranian year (ended March 20, 2013). Safdel said...
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