Via Time, an interesting look at Iran: On Tehran’s western outskirts is Iran’s first and only wholesale supermarket–a kind of Persian Walmart-Costco hybrid. Women push giant carts around on gleaming white floors, past rows of the latest Apple computers and Sony flat-screen televisions–perhaps contraband, perhaps fakes. They sift through racks stuffed with designer clothes and […]
Read more »Via Energy Daily, a report on Pakistan’s efforts to advance a pipeline discussion with Iran: Pakistan, increasingly at odds with the United States over fighting al-Qaida, is reportedly moving forward with plans to build a 1,300-mile pipeline to carry natural gas from Iran. Iran would provide Pakistan with 750 million cubic feet of gas […]
Read more »Via Foreign Policy, a report on the Iran-Pakistan gas pipeline project: The controversial Iran-Pakistan (IP) gas pipeline has become an increasingly problematic issue in the vacillating U.S-Pakistan relationship. The United States has strongly condemned the project, but such rhetoric seems only to have made Pakistan more determined to continue with it. An energy agreement between […]
Read more »Courtesy of Reuters, a report on Iran and Tajikistan plans to construct a railway line through Afghanistan and to improve energy and water supply links between the three countries. As the article notes: “…[Tajik President Imomali] Rakhmon signed a joint declaration with Iranian President Mahmoud Ahmadinejad and Afghan President Hamid Karzai on improving after talks […]
Read more »Courtesy of Emerging Markets Insight, a look at what Iran’s currency devaluation may mean for business there: While political instability dominated headlines in the Middle East, the Iranian rial quietly devalued by 35% against the dollar at local currency exchange bureaus during a four-month period. Continued devaluation increases the likelihood of further instability in the […]
Read more »Via the Fars New Service, a report that the National Iranian Oil Company (NIOC) has discovered two new oil fields. As the article notes: “We will release the detailed information of these two new oil fields by the end of the current (Iranian) year (ending March 20),” Mohaddes told reporters in Tehran on Wednesday. He […]
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