Iranian Activists Welcome U.S. Lifting Of Sanctions On Communications Tools

A woman talks on her mobile phone as she browses for mobile phones in Tehran. (file photo) The lifting of U.S. sanctions on the export to Iran of  Communication tools has been welcomed by activists and groups who had pushed for such a move and argued that the sanctions end up hurting ordinary Iranians, not the regime. On May 30, the U.S. Treasury and More...

by Editorial Team | Published 5 years ago
By Editorial Team On Wednesday, April 17th, 2013

IMF Says Iran’s Economy Shrank In 2012

The International Monetary Fund (IMF) says Iran’s economy shrank by 1.9 percent in 2012 and is expected to contract by 1.3 percent this year as it reels from the impact of Western sanctions. The IMF says in More...

By Editorial Team On Thursday, April 11th, 2013

Egypt approves Islamic bonds seeking to revive troubled economy

Egypt’s newly appointed Grand Mufti Shawqi Abdel Karim (R) meets with his predecessor Ali Gomaa at Al-Azhar compound in Cairo on March 3, 2013 (AFP Photo / Gianluigi Guercia) Cash-strapped Egypt might raise More...