South Africa’s Iranian Oil Imports Hike Despite US-Led Embargoes
South Africa has increased its crude imports from Iran to USD 364 million in February, up from zero in the previous…
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European Union
EU Lifts the Ban on Egyptian seeds
European Union issued a decision to lift the ban imposed on the Egyptian cultivar seeds after confirming that the…
EU Expects G20 To Increase Support To IMF
The European Union expects leaders of the world's 20 biggest economies (G20) to agree to contribute more money to…
Expedia Complains against Google with EU
Expedia Inc. (EXPE) filed an antitrust complaint against Google Inc. (GOOG) with European Union regulators, adding…
Spanish Govt to EU: Spain to not need a Financial Bailout
Government announces $36bn in cuts and taxes intended to "stop Spain being a problem", a day after countrywide…
Sanctions Could Cost Iran $ 50 Bln
Iran’s oil revenue could halve. Top buyers are moving to cut imports of crude from the Islamic Republic amid a…
Spain Stocks Down 1.3% amid Election, Economic Fears
Spanish stocks were under pressure on Monday after the ruling People's Party failed to obtain an absolute majority…
EU Allows Iran Oil Insurance For Now
The European Union agreed on Friday to exempt until July 1 some insurance on Iranian oil shipments headed for…
Oil Price May Arouse Global Recession: IEA
High oil prices are the biggest risk to the global economy and may cause a recession, the Financial Times quoted…
EU imposes Sanctions on Syrian President’s Spouse
The European Union's (EU) foreign ministers on Friday imposed sanctions on Syria's first lady Asma al-Assad along…
