During the Special Session of the D-8 Commission Meeting held under the chairmanship of Turkey, UNCTAD presented the key elements of the joint D-8 Organization for Economic Cooperation - UNCTAD Guiding Principles for Investment Policy making. Important agenda items regarding the forthcoming D-8 Summit Meeting were discussed. In January 2020, …
‘Iran is unlikely to decide to dash toward making nuclear weapons as long as its uranium enrichment capability remains as limited as it is today,’ the report said Iran is unlikely to move toward building a nuclear weapon this year because it does not yet have the capability to produce …
Oil prices rose modestly on Monday after the EU slapped an embargo on Iran's crude exports as part of tough new sanctions aimed at stopping Tehran from funding its disputed nuclear program. New York's main contract, West Texas Intermediate crude for March delivery gained $1.25 to $99.58 a barrel after …
NEW DELHI: As the European Union begins an oil embargo against Iran, India's payment options for Iranian oil became further constrained. The decision would kick in on July 1 virtually coinciding with the June 28 deadline for US' own financial sanctions against third countries dealing with Iran would. EU ambassador …
Asserting that India was not facing any problem in making payments for the import of crude oil from Iran, Petroleum and Natural Gas Minister Jaipal Reddy on Wednesday warned that the country needed to be prepared for all eventualities. “We continue to be optimistic. Iran continues to be positive. However …
New Delhi India’s economic growth rate will remain subdued at 7.7% in 2012 and 7.9% in 2013 as downside risks have increased, mainly on account of problems in Europe and the USA, says a UN report. “India's economy is forecast to expand at a pace similar to 2011 in the …
NEW DELHI: Even as China cuts down drastically its oil imports from Iran, which is soon likely to run into fresh sanctions from the US and the EU, India on Tuesday declared it will continue to import crude oil from the country. Brushing aside US sanctions that prevent financial institutions …
Motor club and leisure travel organization serving North America, AAA, says analysts believe gasoline prices have gone up due to strained relations between the US and Iran. HOUSTON: Gas prices in Texas and elsewhere in the US have jumped an average 7 cents in recent days after Iran threatened to …
The UN atomic agency confirmed on Monday that Iran has started enriching uranium to 20-per cent purity at a new site in a difficult-to-bomb mountain bunker. VIENNA: The UN atomic agency confirmed on Monday that Iran has started enriching uranium to 20-per cent purity at a new site in a …
NEW DELHI: Indian refiners and oil ministry officials are meeting on Monday to discuss alternative methods to pay for Iranian oil imports should an existing mechanism via Turkey's Halkbank be halted under US sanctions against Tehran. Financial sanctions signed into law by President Barack Obama on New Year's Eve make …
TEHRAN: Iran has begun uranium enrichment at a new underground site well protected from possible airstrikes, a leading hardline newspaper reported on Sunday in another show of defiance against Western pressure to rein in Tehran's nuclear program. Another newspaper quoted Revolutionary Guard deputy commander Ali Ashraf Nouri as saying that …
Under growing pressure from the United States, some of Asia’s largest economies are reluctantly looking for options to reduce the amount of oil they buy from Iran, a move that would further tighten the economic vise on an increasingly defiant nation that announced plans for a new round of naval …
Tehran is considering a twofold increase in power exports to neighbouring Turkey after a new electricity transfer line between the two countries becomes operational. Iran is currently exporting about 230 kilovolt per day(kV/d) of electricity to Turkey and the new transfer line will increase that capacity to 400 kV/d. Iran …
Iran has taken steps in recent weeks that bring it closer to launching uranium enrichment deep inside a mountain, diplomatic sources say, a move that would worsen its nuclear confrontation with the West. Iran has said for months that it is preparing to conduct uranium enrichment at Fordow - a …
The United States said on Tuesday that a gas pipeline project Pakistan was negotiating with Iran could violate US restrictions on major financial deals with Tehran and Washington was already discussing this issue with Islamabad. At a briefing at the State Department, spokesperson Victoria Nuland also said that a bill …
Iranian scientists have produced the nation’s first nuclear fuel rod, a feat of engineering the West has doubted Tehran capable of, the country’s nuclear agency said Sunday, in a snub to international demands that it halt sensitive nuclear work. Scientists and researchers at the Atomic Energy Organisation of Iran have …
Iranian scientists have produced their first nuclear fuel rod, Iran’s nuclear agency said Sunday, another step despite United Nations sanctions and measures by the United States and others to stop the nation’s atomic work and shut down any possible pathways to weapons production. Iran has long said it is forced …
Shanghai claimed this year to be the world’s busiest container handling port. One tradable it doesn’t want mixed into the throughput figures: nuclear and radioactive items. In a joint U.S.-China non-proliferation initiative, officials next week are scheduled to commission and demonstrate a radiation detection system at Shanghai’s flagship Yangshan port, …
European Union governments agreed on Thursday to examine sanctions against Iran's energy sector as part of a broad push to increase financial pressure on Tehran over its nuclear programme. After agreeing to extend a list of people and entities affected by EU sanctions, foreign ministers of EU governments said that …
Up to three million people in Afghanistan are facing hunger, malnutrition and disease after a severe drought wiped out their crops and extreme winter weather risks cutting off their access to vital food aid, a group of aid agencies warned Friday. Poor rains earlier this year destroyed 80 percent of …
The Obama administration plans to impose a new round of sanctions against Iran’s petrochemical industry, a Western official briefed on the plans said Friday, less than two weeks after a United Nations report published evidence that the Iranian government was working on a nuclear weapon. The sanctions, expected to be …
