“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:
Fed, uneasy over ‘QE,’ plans bond-buy debate
Officer sold police-issued bulletproof vests in Walgreens parking lot
Senate approves Obama request to arm, train Syrian rebels
Credit card donations to WikiLeaks once again flowing through Iceland
Jogger imprisoned for 2 weeks after accidentally entering U.S.
Why Puerto Rico's Attractive as a Tax Haven
Bank of England helped the Nazis to sell plundered gold
Wikileaks release of TPP deal text stokes 'freedom of expression' fears
Army: Drone strike ‘condolence payments’ for targets killed ‘an expression of sympathy'
Oklahoma tornado victims denied permits to rebuild their homes
China Finds $15 Billion of Loans Backed by Fake Gold Trades
A Push for a Bitcoin Buttonwood
Hacker finds flaw in hotel locks, can ruin your vacation with $50 DIY gadget
Swiss wildlife officer convicted of poaching 131 animals
Gene wars: the last-ditch battle over who owns the rights to our DNA