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British Bank to Settle US Charges on Iran Transactions

Posted December 6th, 2012 at 10:25 am (UTC-5)
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British bank Standard Chartered says it expects to “very shortly” pay $330 million to U.S. authorities to settle accusations that it violated American trade sanctions against Iran. The bank said Thursday the payment would settle claims with the U.S. Justice Department, the Treasury and the Federal Reserve, the country’s central bank. The new payment would […]

Tags: , , , Posted in Economy

Iran Says It Captured US Drone

Posted December 4th, 2012 at 7:05 am (UTC-5)
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A U.S. Navy spokesman says no American drones are missing in the Middle East, after Iran state media said the country has “captured” an American drone that entered Iranian airspace over Persian Gulf waters. The Navy spokesman said Tuesday all drones in the region are “fully accounted for.” Media reports in Iran said an unmanned […]

Tags: , , , , Posted in Middle East

Iran Says It Captured US Drone

Posted December 4th, 2012 at 4:40 am (UTC-5)
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Iran state media say the country has “captured” an American drone over Persian Gulf waters after it entered Iranian airspace. Media reports said Tuesday the unmanned ScanEagle drone was captured by the naval unit of the Revolutionary Guards as it was patrolling and gathering information. The reports do not elaborate on where or how the […]

Tags: , , Posted in Middle East

World Powers Want New Nuclear Talks with Iran Quickly

Posted November 21st, 2012 at 2:40 pm (UTC-5)
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Six world powers have agreed to seek renewed talks on Iran’s contested nuclear program as fast as possible, reflecting a renewed sense of urgency to resolve Tehran’s disputed nuclear activity. A spokesman for EU foreign policy chief Catherine Ashton said Wednesday after talks between senior diplomats from Britain, China, France, Russia, the United States and […]

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IAEA to Resume Nuclear Talks with Iran

Posted November 9th, 2012 at 12:20 pm (UTC-5)
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The International Atomic Energy Agency has confirmed it is resuming talks with Iran next month over its disputed nuclear program. The U.N. nuclear agency said Friday that talks will begin on December 13th in Tehran. The last round of talks, held in late August in Vienna, ended with no agreement over the IAEA’s request that […]

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Iran Confirms Attack on US Drone

Posted November 9th, 2012 at 11:00 am (UTC-5)
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Iran has confirmed a Pentagon report that two Iranian warplanes fired on an unarmed U.S. drone in the Persian Gulf last week. Defense Minister Ahmad Vahidi was quoted on the Iranian Students’ News Organization website as saying that Iran’s armed forces took action against an anonymous plane that entered the country’s airspace – countering the […]

Tags: , , , , Posted in Middle East

France, UK Demand Explanation of Iranian Blogger Death

Posted November 9th, 2012 at 10:45 am (UTC-5)
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France and Britain are calling on Iran to explain the death in detention of an anti-government blogger who opposition activists say had been tortured. Activists say 35-year-old Sattar Beheshti was arrested in his home in late October, and that his family was asked on Wednesday to pick up his body from a detention center in […]

Tags: , Posted in Middle East

Iran Implicitly Confirms Attack on US Drone

Posted November 9th, 2012 at 7:45 am (UTC-5)
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Iran is vowing to confront any aircraft that enters its airspace, one day after the Pentagon said Iranian warplanes fired on an unarmed U.S. drone over international waters in the Persian Gulf. Iranian Revolutionary Guard General Massoud Jazayeri did not explicitly confirm the incident in his comments to the FARS news agency on Friday. But […]

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Pentagon: Iran Shoots at US Drone Over Persian Gulf

Posted November 8th, 2012 at 5:30 pm (UTC-5)
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The U.S. Defense Department says Iranian fighter jets fired on an unarmed U.S. drone over international waters in the Persian Gulf last week. Pentagon spokesman George Little says the unmanned Predator was on a routine classified surveillance mission November 1. Little said the plane did not enter Iranian waters, was not hit and returned safely […]

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Armenia, Iran Build Joint Power Plant

Posted November 8th, 2012 at 11:20 am (UTC-5)
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Armenia and Iran have begun building a joint hydroelectric power plant along their countries’ shared border. Armenian President Serzh Sarkisian and members of an Iranian delegation led by Iran’s energy minister, Majid Namjoo, attended a groundbreaking ceremony for the plant Thursday on the Arax River, near the southern Armenian town of Meghri. The construction of […]

Tags: , , , Posted in Europe

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