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Iran bans concert tours

(News24.com) | February 20, 2010
Tehran – Iran has banned travel agencies from organising tours to countries where concerts are held during Shi’ite mourning holidays, newspapers quoted a tourism official as saying on Saturday.
The move came after Iran’s tourism organisation banned package holidays to neighbouring Dubai where concerts by expat Iranian singers were to be held [...]

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Iran unveils new locally made Peugeot car

Iran unveils new locally made Peugeot car

(AFP hosted by Google) | February 20, 2010
TEHRAN — Iran’s state-owned car manufacturer Iran Khodro unveiled for the home market on Saturday the Peugeot 207i, a locally built version of the French automobile firm’s 207 model.
The Peugeot 207i will hit the market at the beginning of the next Iranian year which starts on March 21.
“We [...]

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Why Iran’s Green Movement Objects To President’s Economic Style

Why Iran’s Green Movement Objects To President’s Economic Style

(Radio Free Europe / Radio Liberty) | February 19, 2010
The chants of “death to the dictator” have been temporarily stilled since Iran’s Green Movement was muscled off the streets during the 31st anniversary celebrations of the Islamic Revolution on February 11.
But political slogans and charges of stolen presidential elections are just part of the explosive [...]

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Iran tops new terror finance blacklist

(Guardian UK) | February 19, 2010
Financial Action Taskforce says Middle Eastern state is major centre of money laundering and terrorist funding as it names and shames countries
The international financial system must tackle “ongoing and substantial money laundering and terrorist financing” emanating from Iran, it has been claimed.
The middle eastern state heads a new blacklist issued [...]

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Target Iran’s Censors

Target Iran’s Censors

(New York Times) | February 18, 2010
By ROGER COHEN
NEW YORK — Here’s what happens when a business linked to Iran’s Islamic Revolutionary Guards Corps (I.R.G.C.) is targeted with sanctions. A representative of the Revolutionary Guards finds a lawyer in Dubai and says: “Look, I’m on this stupid U.S. Treasury list. I’ll give you 10 percent. [...]

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German insurers wind down Iran business

(Reuters) | February 18
Germany’s Munich Re and Allianz halted all remaining insurance business in Iran as their national representative body said it backed international moves toward tougher sanctions against Tehran.
Against a backdrop of rising political tensions, the world’s biggest reinsurer, Munich Re (MUVGn.DE), said on Thursday it was stopping business with insurance firms in Iran, [...]

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Selected Headlines – January 22, 2010

Channel 4 News (UK), January 22
Neda’s death ‘ignited an awakening’ in Iran

Neda Agha Soltan’s fiance, Caspian Makan: “The 23 January is Neda’s precious birthday. Neda will be 27 on that day. I felt that this should be marked in the world.
“I’ve asked the people of Iran, wherever they may be, in whichever corner of the [...]

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Mousavi: Country governed under Islam should not terrorize people

Mousavi: Country governed under Islam should not terrorize people

(Mousavi Statement on Facebook)
Mir Hossein Mousavi: A country that is governed under the name of Islam should not continue its path by terrorizing people.
Mir Hossein Mousavi in his second video-internet interview with Kaleme News Agency talked about the events that happened on November 4 as well as about the plans for eliminating subsidies (by the [...]

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US firms allowed to invest in Iran oil

US firms allowed to invest in Iran oil

There is no barrier for the presence of foreign companies in the Iranian oil industry, says the head of National Iranian Oil Company (NIOC).

“The Islamic Republic has always welcomed the investment by all foreign companies in Iranian oil, gas and petrochemical projects, including US firms,” Seyfollah Jashnsaaz said Tuesday.

He said there would be no legal obstacle if US firms want to negotiate over their investment in the Iranian oil industry, adding that their return would benefit all parties.

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Iran oil reserves increase, officials say

Iran oil reserves increase, officials say

TEHRAN, May 12 (UPI) — Iran’s proven oil reserves increased dramatically, bringing in foreign investments of roughly $10 billion in the past year, officials said.

Seifollah Jashnsaz, director of the National Iranian Oil Co., told the Mehr news agency in Iran that oil reserves now stand at more than 138 billion barrels and production has increased substantially.

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