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‘Dr Doom’ says buy precious metals as Iran-Israel clash ‘inevitable’

‘Dr Doom’ says buy precious metals as Iran-Israel clash ‘inevitable’

"If you can't live with volatility, stay in bed," says 66-year old economist Marc Faber, who cautions people to secure wealth by buying precious metals and investment equities.

March 6, 2012 1:42
 
India’s top Iranian oil buyer plans to cut imports

India’s top Iranian oil buyer plans to cut imports

India's largest Iranian oil buyer plans almost to halve daily imports, industry sources said on Monday, becoming the latest Asian refiner to cut supplies from Iran as Western sanctions make trade with OPEC's second-largest producer difficult.

March 6, 2012 10:49
 
Iran discovers huge oil field in south-report

Iran discovers huge oil field in south-report

Iran has discovered one of its biggest oil fields with high quality crude in a southern province, the semi-official Mehr news agency quoted an official as saying on Saturday.

March 4, 2012 10:59
 
Obama, on Iran, says, 'I don't bluff'

Obama, on Iran, says, 'I don't bluff'

Ahead of a visit by Israel's prime minister, US President Barack Obama used his sharpest language yet to warn Iran of his willingness to resort to military options if necessary to prevent Tehran from acquiring nuclear weapons.

March 4, 2012 10:49
 
Obama, on Iran, says, ‘I don’t bluff’

Obama, on Iran, says, ‘I don’t bluff’

Ahead of a visit by Israel's prime minister, US President Barack Obama used his sharpest language yet to warn Iran of his willingness to resort to military options if necessary to prevent Tehran from acquiring nuclear weapons.

March 4, 2012 10:49
 
Iran to accept payment in gold from trading partners

Iran to accept payment in gold from trading partners

Iran will take payment from its trading partners in gold instead of dollars, the Iranian state news agency IRNA quoted the central bank governor as saying on Tuesday.

February 29, 2012 1:45
 
US targets Dubai Bank over Iran sanctions

US targets Dubai Bank over Iran sanctions

Dubai-based Noor Islamic Bank has been forced by the United States to cut off its banking business with Iran as part of wider US efforts to pressure Tehran over its nuclear programme.

February 29, 2012 1:34
 
Dubai’s Noor Islamic ended business with Iran banks in Dec

Dubai’s Noor Islamic ended business with Iran banks in Dec

Dubai's Noor Islamic Bank ended business relationships with Iranian banks in December last year as a pre-emptive action in relation to US sanctions, Noor said in an email on Wednesday.

February 29, 2012 1:18
 
Iran wins first Oscar with “A Separation”

Iran wins first Oscar with “A Separation”

"A Separation" won the Oscar for best foreign language film on Sunday, becoming the first Iranian movie to win the honor.

February 27, 2012 1:12
 
Bangladeshi, Iranian women win IDB award

Bangladeshi, Iranian women win IDB award

A Bangladeshi entrepeneur and an Iranian shipping company boss were joint winners of the Jeddah based Islamic Development Bank (IDB) prize for women's contribution to development for 2012.

February 26, 2012 11:38
 
India not halting insurance cover on exports to Iran

India not halting insurance cover on exports to Iran

India' export guarantee agency has not stopped giving insurance cover to shipments to Iran and has only tightened criteria as part of a more cautious approach, official sources said on Friday, as western sanctions make trade with Tehran tougher.

February 25, 2012 12:29
 
Greece, traders work on deals to replace Iranian oil

Greece, traders work on deals to replace Iranian oil

Major traders are in talks with Greece to supply crude oil and help the country cut reliance on Iranian oil ahead of a European ban, in a sign that they are happier about Greece's creditworthiness following a second debt bailout.

February 25, 2012 12:25
 
IMF sounds warning for global economy in rising oil

IMF sounds warning for global economy in rising oil

The International Monetary Fund (IMF) flagged higher oil prices as a rising threat to the global economy on Friday, urging policymakers to keep a close eye on western tensions with Iran, which is facing punitive measures against its crude supplies.

February 25, 2012 12:14
 
UN watchdog says nuclear talks with Iran failed

UN watchdog says nuclear talks with Iran failed

The UN nuclear watchdog said on Wednesday it had failed to secure an agreement with Iran during talks over disputed atomic activities and that the Islamic Republic had rejected a request to visit a military site.

February 22, 2012 12:45
 
Trial starts in Iran’s biggest banking scandal

Trial starts in Iran’s biggest banking scandal

Thirty-two people suspected of involvement in a multi-billion dollar banking fraud with alleged links to the government of Iranian president, Mahmoud Ahmadinejad, have gone on trial in Tehran, the Iranian state news agency reported.

February 19, 2012 10:12
 
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