Iranian firms feel the heat as sanctions bite
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When a Western bank suddenly suspended the account of her family freight firm, Nazila Noebashari revived a financial practice she thought long gone: she sent staff to the Afghan border to collect $50,000 by hand.
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The United States, determined to prevent Iran from building nuclear weapons, is piling pressure on European firms to stop them doing business with Tehran, diplomats say.
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As the annual pistachio harvest begins, Ali Bajvand has more to worry about than backbreaking labor and changes in crop prices. There is growing unease that possible economic sanctions over the country's controversial nuclear program could stifle the world's largest pistachio exporter.
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Iranâs increasing economic and political isolation is helping leaders to hold back what they see as corrupting foreign influences.
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The anger posed a threat to President Mahmoud Ahmadinejad who was elected on a platform of bringing oil income to the nationâs households.
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Western nations are pushing for a vote this week on a U.N. Security Council draft resolution imposing sanctions on Iran for its nuclear ambitions, but Russia and China on Monday were far more cautious.
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A three-year international effort to pressure Iran is faltering, with a new report to Congress questioning the impact of 20 years of U.S. economic sanctions on Tehran and a long-sought U.N. resolution against Iran in trouble.
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A defiant Iran faces the threat of U.N.  Security Council sanctions after the world body's atomic  watchdog said Tehran refused to stop work on its nuclear  program by a Thursday deadline.
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Iran's hard-line president on Saturday inaugurated a heavy-water production plant, a facility the West fears will be used to develop a nuclear bomb, as Tehran remained defiant ahead of a U.N. deadline that could lead to sanctions.
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The US threatens tough penalties against international energy companies that do business with Iran.
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Facing fierce international pressure, Iran backed off yesterday from its demand to be allowed to continue operating some uranium enrichment
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POTSDAM, Germany  - Major industrial nations threatened on Wednesday to support "further appropriate measures" if Iran failed to comply with U.N. resolutions demanding that it suspend nuclear enrichment.
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President Bush isn't the only leader facing serious economic woes. Icy weather is causing big political trouble for Iran's hard-line president, who is under attack for mismanaging the economy as the country runs perilously low on gas for heat.
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The United States has imposed sanctions on four Chinese entities, including a state-run firm, and one North Korean company for selling weapons or cruise and ballistic missile technology and equipment to Iran, the State Department said.
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UNITED NATIONS - A new European resolution  imposing sanctions on Iran for its nuclear ambitions eases a  list of goods Tehran cannot buy or sell and exempts Russian  construction and fueling of a reactor it is building in Iran.
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Iran is in the midst of a sweeping crackdown that both Iranians and U.S. analysts compare to a cultural revolution in its attempt to steer the oil-rich theocracy back to the rigid strictures of the 1979 revolution.
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A tense encounter with Iran and lingering concerns about weak job data keep U.S. stocks down.