Deputy Energy Minister Mohammad Behzad announced here on Saturday that Iran s electricity exports have hit five billion dollars since the beginning of the current Iranian calendar year (March 20, 2012).
An Iranian lawmaker says halting the Islamic Republic’s crude oil exports by imposing sanctions on the country s oil sector will greatly increase oil prices in international markets.
Official data show that Spanish unemployment rate has exceeded 25 percent in the third quarter of 2012 as the country continues to grapple with economic woes.
A senior Iranian official underlined Tehran s intention to further reduce its dependence on oil revenues, and said the country is exporting its non-oil products to over 149 world states now.
Iranian Oil Minister Rostam Qasemi says Tehran will halt oil exports if more sanctions are imposed on the country.
A senior Iranian energy official says the country’s private sector will soon export several new oil consignments to international markets despite the illegal US-led sanctions against the country.
Protesters from the Occupy Los Angeles group have staged a demonstration in the Southern California city to demand an end to police brutality.
Provisional figures released by Greece’s national statistics authority have shown the country’s deficit and public debt for 2011 are worse than estimated.
By all indications, the US ruling class of Wall Street financiers is determined to follow Greece, Spain, Portugal, and Great Britain down the road to drastic austerity...
Thousands of Spanish students and teachers have taken to the streets in the capital city Madrid to protest against spending cuts in the European state.
The Iranian Foreign Ministry spokesman has warned that the new EU sanctions against the Islamic Republic will destabilize the already-worsening European economy further.
Greek protesters, including lawyers, notaries, and doctors across the debt-stricken country, have launched two-day-long protest against harsh austerity cuts imposed by the government.