"The Central Bank of Iran (CBI) announced on Sunday that the Society for Worldwide Interbank Financial Telecommunication (SWIFT) has removed Iranian banks from its list of sanctioned financial …
International sanctions against Iran lifted
"Iran reentered the global economy Saturday as years of crippling international sanctions ended in exchange for the verified disabling of much of its nuclear infrastructure." Source: International …
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The U.S. Spent a Half Billion on Mining in Afghanistan With ‘Limited Progress’
"The United States has spent nearly half a billion dollars and five years developing Afghanistan’s oil, gas and minerals industries — and has little to show for it, a government watchdog reported …
Iran in Talks to Help Build Refinery in Spain
"Iran is in talks to help build a refinery in Spain, an Iranian oil official told state media over the weekend, as it seeks to secure buyers for its oil after a European embargo on its oil is …
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Oil prices move up from 12 year lows as China shares rise
Oil prices rose modestly on Friday, still within reach of 11 and a half-year lows, boosted by a recovery in Chinese shares, but persistent global oversupply and a bleak demand outlook capped …
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China sell-off leads to a poor start for world stocks in 2016
"A 7 percent drop in Chinese shares on Monday halted trading in Shanghai and dragged down stock markets around the world, as investors began 2016 with fresh worries over global growth and sought the …
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Ukraine says to ban imports of some Russian goods in trade row
"The Ukrainian government will approve a ban on the import of some Russian goods later on Wednesday, said Prime Minister Arseny Yatseniuk, a retaliatory move in a growing trade row between the two …
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U.S. Foreign Arms Deals Increased Nearly $10 Billion in 2014
"Foreign arms sales by the United States jumped by almost $10 billion in 2014, about 35 percent, even as the global weapons market remained flat and competition among suppliers increased, a new …
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SpaceX launches Falcon 9 rocket, lands booster back on land
"It marked the first time a large rocket has delivered spacecraft to orbit and returned to Earth intact, so that it could potentially fly again. SpaceX CEO Elon Musk and other space entrepreneurs see …
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Toshiba predicts $4.5bn loss, plans to fire 7,000 employees
"Toshiba's financial struggles have reached breaking point, leading to a restructuring effort which will see thousands lose their jobs and a loss of $4.5 billion over the fiscal year. The company, …
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