
“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:
H-P Pays $108M to DOJ, SEC To Settle Anti-Bribery Allegations
U.S., Turkey to study Syria no-fly zone
Texas cops drag young, weeping jogger away in cuffs for jaywalking
China ousts police chief ‘who owns hundreds of houses’
RBS Outage Left Millions Cashless On Busiest Shopping Day Of The Year
Forgotten founder: YouSendIt’s Khalid Shaikh
Flying the Government Skies
Police officer accused of brutality, lying to FBI over baton beating
Clapper: Spying on U.S. election was "most benign form of information gathering"
Mexican cartels hiring US soldiers as hit men
The Sharing Economy Fights Back Against Regulators
Banks Face Deadline to Upgrade ATMs From Windows XP
Police run over and kill man after running from alleged seatbelt violation
Social Security Ran $47.8B Deficit in FY 2012; Disabled Workers Hit New Record in December: 8,827,79...
Russian Stocks Now Cheaper Than Ever as Oil Rout Deepens