“For Iran, the nuclear deal — once it is fully implemented — would have sweeping benefits, giving it access to foreign investment, trade with oil-thirsty markets in Europe and Asia, and escrow accounts currently holding more than $100 billion from oil sales out of Tehran’s reach. The Obama administration said Tuesday that the restrictions on U.S. trade and investment would remain in effect with the exception of imports of food and carpets and the export of airplane parts for Iran’s airline, which administration officials said had one of the world’s worst safety records. The restrictions will leave U.S. oil and gas companies on the sidelines while European and Asian firms invest in exploring in Iran.”
Related posts:
CIA misled public on interrogation program, Senate report says
Bitcoin Couple Travels the World Using Virtual Cash
India’s Poorest Women Coerced Into Sterilization
China detains Bitcoin fraud suspects
Swiss researchers make microchips that imitate the brain
Kentucky students to first lady Michelle Obama: Your food ‘tastes like vomit’
What telephone metadata can tell the authorities about you
Housing in U.S. Cools as Rate Rise Hits Sales: Mortgages
Costa Rica Probes Liberty Reserve Founder Marriage
U.S. Navy admiral pushes officers to curtail ‘jargon and gibberish’
Worldwide unemployment hits new high
Greek footballer given lifetime national ban after apparent Nazi salute
Canada says will keep closer track of Bitcoin, virtual currencies
Metal detectors at ballparks by 2015
Cherokee County teen shot by police sniper, parents speak out