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Posts filtered by tags: Iran[x]


 

Akathisia or Muzungu same same but different and then again not

Going going gone.i was going to go to the Islamic Republic of Iran but weather and the tardiness of the aforementioned countrysturn around time in issuing visas and a film on Netflix got me to change my mind.So no Iran its still on the
Tags: Travel, Iran, Islamic Republic of Iran


The week in energy: #SaudiArabia’s nuclear ambitions | Financial Times

The week in energy: Saudi Arabia’s nuclear ambitions | Financial Times:It was the US that started Iran’s nuclear programme in the 1950s, providing Mohammad Reza Shah Pahlavi with the country’s first research reactor and the enriched uranium needed to fuel it. The intention was always to support a civil rather than a military programme, and both the Ford and Carter administrations sought to stop the Shah acquiring nuclear weapons. But the US remained prepared to help him develop reactors for elec...
Tags: Travel, Saudi Arabia, US, Iran, Ford, Financial Times, Shah, Carter, Rupert Neil Bumfrey, Mohammad Reza Shah Pahlavi, The Shah of Iran


Europe Coddles #Iran With Special Purpose Vehicle - Bloomberg

Europe Coddles Iran With Special Purpose Vehicle - Bloomberg:The European Union is trying to have it both ways on U.S. sanctions against Iran. It voices solidarity with the Trump administration’s concerns about the Islamic Republic’s rising threat to stability in the Middle East — most recently by expressing alarm at Iran’s ballistic-missile program and other “unacceptable behavior.” At the same time, EU leaders condone efforts by their member countries to skirt U.S. restrictions — as if to reas...
Tags: Travel, Europe, Eu, European Union, Iran, Middle East, Tehran, Trump, Islamic Republic, U K, Germany France, Rupert Neil Bumfrey


Global watchdog gives #Iran until June to strengthen anti-money laundering rules | Reuters

Global watchdog gives Iran until June to strengthen anti-money laundering rules | Reuters:Iran has until June to strengthen its anti-money laundering legislation, or financial institutions operating there will face increased international scrutiny, a global watchdog said on Friday.Last October, the Paris-based Financial Action Task Force (FATF) watchdog had already given Iran until February to complete reforms that would bring it in line with global norms, or face consequences.The FATF concluded...
Tags: Travel, Iran, Paris, Reuters, FATF, Rupert Neil Bumfrey, Financial Action Task Force FATF


COLUMN-Oil traders bet on Saudi Arabia and White House lifting prices: Kemp | Reuters

COLUMN-Oil traders bet on Saudi Arabia and White House lifting prices: Kemp | Reuters:Oil traders are becoming very bullish on the outlook for prices, betting that Saudi Arabia will do whatever it takes to tighten the market even if consumption growth slows, helped by U.S. sanctions on Iran and Venezuela.Brent’s calendar spread for the second half of 2019 has surged into a backwardation of 90 cents per barrel, the strongest for more than three months and a huge swing from a 70 cent contango near...
Tags: Travel, Saudi Arabia, White House, Iran, Chicago, Venezuela, Reuters, Kemp, Rupert Neil Bumfrey


Iranian businesses devise creative ways to evade Trump sanctions | Financial Times

Iranian businesses devise creative ways to evade Trump sanctions | Financial Times:Two years ago Hossein was optimistic about the future of his booming Iranian oil services businesses. Iran’s landmark nuclear agreement with world powers had lifted the economy out of recession, western companies were re-engaging with the Islamic republic and his revenue was surging. But in May last year everything changed.US president Donald Trump pulled out of the nuclear deal and began the process of reimposing...
Tags: Travel, US, Iran, Donald Trump, Financial Times, Trump, Rupert Neil Bumfrey, Hossein


Oil hovers near 2019 highs amid OPEC cuts | Reuters

Oil hovers near 2019 highs amid OPEC cuts | Reuters:Oil prices hovered around 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were capped by slowing growth in the global economy.U.S. West Texas Intermediate (WTI) crude oil futures were at $57.14 a barrel at 0955 GMT, 2 cents below their last settlement, and close to a 2019 high of $57.55 reached the previous day.Brent crude futures eased by 14 cents, or 0.2 percent, to $66.94 after touching...
Tags: Travel, Opec, Iran, Venezuela, Reuters, Rupert Neil Bumfrey


China's desire for close #Iran ties unchanged, Xi says ahead of Saudi prince's visit | Reuters

China's desire for close Iran ties unchanged, Xi says ahead of Saudi prince's visit | Reuters:China’s desire to develop close ties with Iran will remain unchanged, regardless of the international situation, President Xi Jinping told the speaker of Iran’s parliament, ahead of Thursday’s visit to Beijing by Saudi Arabia’s crown prince.China has traditionally played little role in Middle East conflicts or diplomacy, despite relying on the region for oil, with Iran its fourth largest supplier last y...
Tags: Travel, Saudi Arabia, China, Iran, Beijing, Xi Jinping, Middle East, Reuters, Mohammed bin Salman, Salman, Xi, Rupert Neil Bumfrey


Oil settles 1 percent higher on hopes of market rebalance, trade deal | Reuters

Oil settles 1 percent higher on hopes of market rebalance, trade deal | Reuters:Crude prices rose more than 1 percent on Wednesday to their highest level this year on hopes that oil markets will balance later this year, helped by output cuts from top producers as well as U.S. sanctions on OPEC members Iran and Venezuela.Market fears over trade talks between the United States and China had helped push oil prices lower in early trade, but the market reversed after signs of progress emerged on Wedn...
Tags: Travel, China, Opec, Iran, United States, Venezuela, Donald Trump, Reuters, Rupert Neil Bumfrey


Oil dips below 2019 highs as surging U.S. supply counters OPEC cuts | Reuters

Oil dips below 2019 highs as surging U.S. supply counters OPEC cuts | Reuters:Oil prices slipped away from 2019 highs on Wednesday, with surging U.S. supply and slowing economic growth tempering upward pressure from supply cuts led by producer club OPEC and from Washington’s sanctions on Iran and Venezuela.U.S. West Texas Intermediate (WTI) crude oil futures hit 2019 highs of $56.39 per barrel on Wednesday but had slipped back to $56.16 per barrel by 0746 GMT, which was slightly above their last...
Tags: Travel, Washington, Opec, Iran, Venezuela, Reuters, Rupert Neil Bumfrey, International Brent


Ahead of #Saudi visit, China seeks 'deeper trust' with #Iran | Reuters

Ahead of Saudi visit, China seeks 'deeper trust' with Iran | Reuters:China wants to deepen “strategic trust” with Iran, the Chinese government’s top diplomat told Iran’s foreign minister on Tuesday, days before Saudi Arabia’s crown prince visits Beijing, underscoring China’s difficult Middle East balancing act.China has traditionally played little role in Middle East conflicts or diplomacy, despite its reliance on the region for oil, but it has been trying to raise its profile, especially in the...
Tags: Travel, Saudi Arabia, China, Iran, Beijing, Middle East, Reuters, Mohammed bin Salman, Salman, Rupert Neil Bumfrey


COLUMN-Hedge funds accelerate oil buying: Kemp | ZAWYA MENA Edition

COLUMN-Hedge funds accelerate oil buying: Kemp | ZAWYA MENA Edition:Investors bought crude oil futures and options at the fastest rate for almost six months in the week to Feb. 12.Hedge fund managers are becoming steadily more bullish on the outlook for oil prices as Saudi Arabia makes deep cuts in production, sanctions hit Venezuela and Iran, and the U.S. and China inch towards a trade deal. Hedge funds and other money managers were net buyers of 32 million barrels of Brent crude futures and op...
Tags: Travel, Europe, Saudi Arabia, China, Iran, Venezuela, Kemp, Rupert Neil Bumfrey


Oil prices hit 2019 highs amid supply cuts, trade talk hopes | Reuters

Oil prices hit 2019 highs amid supply cuts, trade talk hopes | Reuters:Oil prices on Monday hit their highest levels since November last year, lifted by OPEC-led supply cuts, U.S. sanctions on Iran and Venezuela, and hopes that the Sino-U.S. trade dispute may soon end.International Brent crude futures were at $66.66 per barrel at 0746 GMT, up 41 cents, or 0.6 percent, from their last close. Brent earlier climbed to its highest since November 2018 at $66.78 a barrel.U.S. West Texas Intermediate (...
Tags: Travel, Opec, Iran, Venezuela, Reuters, Rupert Neil Bumfrey, International Brent


#Qatar's Financial Hub to Add Sports, Media to Compete With Dubai - Bloomberg

Qatar's Financial Hub to Add Sports, Media to Compete With Dubai - Bloomberg:Qatar Financial Centre wants to attract companies other than just banks and asset managers to position itself as a multi-faceted business hub with better access than the country’s rival Dubai to markets including Turkey, Pakistan and Kuwait.The new strategy is focused on building out four "clusters" for activities ranging from sports to media, Yousuf Al-Jaida, chief executive officer of the Qatar Financial Centre Author...
Tags: Travel, Saudi Arabia, Qatar, Turkey, Iran, Egypt, Dubai, Oman, Kuwait, Doha, Gulf, United Arab Emirates Bahrain, Rupert Neil Bumfrey, Yousuf al Jaida, Qatar Financial Centre Authority, Iran Qatar


Khamenei Wants Less Money Injected Into #Iran's Wealth Fund - Bloomberg

Khamenei Wants Less Money Injected Into Iran's Wealth Fund - Bloomberg:Iran’s supreme leader, Ayatollah Ali Khamenei, wants less oil income diverted to the country’s sovereign wealth fund, the semi-official Tasnim news agency reported, as the economy reels from renewed U.S. sanctions.Khamenei has instructed parliament to amend the draft budget for the Iranian year beginning March 21 so 20 percent of oil revenue is paid into the National Development Fund, versus the originally planned 30 percent,...
Tags: Travel, Bloomberg, Iran, Ayatollah Ali Khamenei, Tehran, Nader, Khamenei, Tasnim, Rupert Neil Bumfrey, Khamenei Wants Less Money Injected Into Iran


Rouhani says #Iran ready to improve ties with Gulf states | Reuters

Rouhani says Iran ready to improve ties with Gulf states | Reuters:Iranian President Hassan Rouhani said on Sunday that Tehran wanted to establish close ties with all countries in the Middle East, where Iran has been involved in proxy wars with Saudi Arabia for decades.“Iran is ready to work with regional states to preserve security in the Middle East ... Our enemies, America and Israel, want to create division among Iranians,” Rouhani said in a public speech in southern Iran, broadcast live on ...
Tags: Travel, Saudi Arabia, Israel, America, Iran, Syria, United States, Middle East, Hassan Rouhani, Tehran, Yemen, Donald Trump, Gulf, Reuters, Rouhani, Rupert Neil Bumfrey


Global Prices Turn Topsy-Turvy as Scorned Crudes Become Dear - Bloomberg

Global Prices Turn Topsy-Turvy as Scorned Crudes Become Dear - Bloomberg:Some of the world’s dirtiest and densest crudes traditionally spurned for being too difficult to process are having a moment in the sun, with a little help from Donald Trump.“Heavy-sour” oil from nations such as Venezuela and Iraq have a higher sulfur content and are more viscous than “light-sweet” grades pumped in U.S. shale fields and Europe’s North Sea. While the dirtier crudes could usually be bought for a steep discoun...
Tags: Travel, Europe, Saudi Arabia, Iraq, America, Opec, Iran, Middle East, Venezuela, Gulf Coast, Donald Trump, North Sea, Trump, Rupert Neil Bumfrey


The best savory breakfasts

There are two types of people in this world: those who like sweet breakfasts, and those who like savory breakfasts. The latter prefers to leave the cavities and the inevitable sugar crash to the former. Around the world, savory breakfasts are generally more prevalent than sweet, and even the countries with the best sweet breakfasts can’t compete with the best savory breakfast traditions. These are the best countries for savory breakfast lovers. South Korea Photo: Early Spring/Shutterstock...
Tags: Travel, South Korea, Japan, UK, England, Mexico, Scotland, Southeast Asia, Singapore, Turkey, Iran, Breakfast, Thailand, Ireland, Korea, Bulgaria


#Saudi Business Is About to Get More Complicated for EU Banks - Bloomberg

Saudi Business Is About to Get More Complicated for EU Banks - Bloomberg:European Union banks will face higher hurdles in dealing with clients from countries including Saudi Arabia as the bloc moves to tighten controls on illicit financial flows.Panama and the U.S. Virgin Islands will also be put alongside Iran and North Korea on a new EU roll call of 23 countries outside the bloc identified as posing higher risks for terrorist financing and money laundering, according to people familiar with it...
Tags: Travel, North Korea, Saudi Arabia, Eu, European Union, Iran, European Commission, Panama, U S Virgin Islands, Rupert Neil Bumfrey, EU Banks Bloomberg


Why Investors Have Always Struggled in #Iran - Bloomberg

Why Investors Have Always Struggled in Iran - Bloomberg:Given how Iran’s economy has fared in the 40 years since the Islamic Revolution, it’s reasonable for Iranians to wonder whether they might be more prosperous had the revolution never taken place. Iran’s average annual growth in gross domestic product for the years 1961-78 was 8.86 percent, or more than three times higher than the 2.44-percent average for 1980-2017.Fantasy-bursting economists might point out that the pre-revolution figures a...
Tags: Travel, Iran, International Monetary Fund, Shah, Rupert Neil Bumfrey, Iran Bloomberg, Jahangir Amuzegar, Shah Mohammed Reza Pahlavi


Oil up on OPEC output cuts and as sanctions against Venezuela, Iran bite | Reuters

Oil up on OPEC output cuts and as sanctions against Venezuela, Iran bite | Reuters:Oil prices rose on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although analysts expect surging U.S. output and concerns over economic growth to keep markets in check.U.S. West Texas Intermediate (WTI) crude oil futures were at $52.69 per barrel at 0751 GMT, up 28 cents, or 0.5 percent, from their last close.The ongoing closure of parts of the Keystone pipeline that brings Cana...
Tags: Travel, Opec, Iran, United States, Venezuela, Keystone, Reuters, Rupert Neil Bumfrey, Venezuela Iran, International Brent


#Qatar-French dialogue to address broad regional issues: ministers | Reuters

Qatar-French dialogue to address broad regional issues: ministers | Reuters:Qatar and France have agreed to launch a strategic dialogue initiative to address a broad range of regional issues, their foreign ministers said on Monday.The dialogue will address the wars in Libya and Syria, regional tension with Iran, and the Palestinian-Israeli conflict, they told a news conference in Doha.It will also address Qatar’s dispute with other Arab countries. [Author: [email protected] (Rupert Neil Bum...
Tags: Travel, France, Qatar, Iran, Syria, Libya, Doha, Reuters, Rupert Neil Bumfrey


Donald Trump’s Dream of Cheap Oil Might Still Come True - Bloomberg

Donald Trump’s Dream of Cheap Oil Might Still Come True - Bloomberg:As winter keeps its grip on the northern hemisphere it is the oil bulls, not the bears, who have gone into hibernation. The price rally that greeted the new year has fizzled out as renewed concerns about demand growth outweigh the tightening of oil supply through OPEC cuts and U.S. sanctions.Saudi Arabia had already started to deliver on its promised output reductions in December and went beyond what was pledged in January. U.S....
Tags: Travel, Saudi Arabia, Opec, Bloomberg, Iran, Venezuela, Donald Trump, Persian Gulf, Rupert Neil Bumfrey, Kpler Bloomberg


Tehran Epilogue

My time in Iran wasn't quite over yet.Indeed I was on my way home but after worrying ever so slightly about getting to Shiraz International Airport on time navigating the poorlysigned said airport catching two a hour flight and arriving at Tehran's Me
Tags: Travel, Iran, Tehran, Tehran Epilogue, Shiraz International Airport


#Iran Oil Industry Faces Bleak Outlook 40 Years After Revolution - Bloomberg

Iran Oil Industry Faces Bleak Outlook 40 Years After Revolution - Bloomberg:As Iran’s Islamic Republic enters a fifth decade, its energy industry has little to celebrate. The country’s crude output has yet to recover to pre-revolution levels and is unlikely to do so for many years, even without U.S. sanctions.Oil production is languishing as foreign investors steer clear of the world’s fourth-largest holder of crude. Pledges by U.S. officials to tighten curbs on Iran’s oil sales and the expirati...
Tags: Travel, South Korea, Washington, Bloomberg, Iran, Venezuela, Donald Trump, Islamic Republic, Rupert Neil Bumfrey, Japan China Turkey India


How to travel the Silk Road

Crossing Central Asia overland is undoubtedly faster and less eventful today than it was for sixth-century merchants looking to exchange weapons for spices, but if you’re planning to set out for a transcontinental journey of this kind, it will nevertheless be epic. With modern(ish) methods of transportation available and a relatively calm situation in most countries along the way, traveling the 5,000-mile route connecting east and west is mostly a matter of patience. What is the Silk Road? ...
Tags: Travel, Silk Road, Asia, Europe, Greece, North Korea, China, Russia, India, Africa, Georgia, European Union, Turkey, Iran, Beijing, Unesco


UPDATE 1-Iran says gas production at South Pars hits 610 mln cubic metres per day | Reuters

UPDATE 1-Iran says gas production at South Pars hits 610 mln cubic metres per day | Reuters:Iran’s gas production at South Pars, the world’s largest gas field, has hit 610 million cubic metres per day, Oil Minister Bijan Zanganeh told state TV on Wednesday.The offshore field, which Iran calls South Pars and Qatar calls North Field, is shared between Iran and Qatar.Iran’s daily gas production from the field now exceeds that of Qatar, Zanganeh said. [Author: [email protected] (Rupert Neil Bum...
Tags: Travel, Qatar, Iran, Reuters, Bijan Zanganeh, Rupert Neil Bumfrey, North Field, Qatar Iran, South Pars the world, Qatar Zanganeh


COLUMN-U.S.-China talks dominate oil outlook: Kemp | Reuters

COLUMN-U.S.-China talks dominate oil outlook: Kemp | Reuters:The deadline for the United States and China to reach a trade deal before U.S. tariffs increase on $200 billion worth of Chinese imports (scheduled for March 2) is the most important date in the calendar for oil traders.The deadline will probably have more impact than the next OPEC+ joint ministerial monitoring committee (March 18), OPEC’s extraordinary meeting (April 17-18) or even the White House review of Iran sanctions waivers (May...
Tags: Travel, White House, China, Opec, Iran, United States, Reuters, Kemp, Rupert Neil Bumfrey


Shiraz The City Not The Wine...

Just like the irony of there being no beef madras in Madras there is no shiraz to be found in Shiraz. A place that once produced some of the finest wine in the world Iran's 300
Tags: Travel, Iran, Madras


How to travel from Russia to Iran

Murmansk, Russia was the northernmost point on the map I had ever been to. Starting at the 69th parallel north, I was about to travel along the invisible line that separates Europe from Asia to reach lower Iran, partly to experience the incomparable strangeness of the New East again, and partly to invest the two months at my disposal in an itinerary I hadn’t heard anyone following before. I had flown into Saint Petersburg from Amsterdam, and had caught a 25-hour train to Murmansk, the larg...
Tags: Travel, Asia, Europe, Hollywood, Iraq, Russia, Georgia, Iran, Unesco, Amsterdam, Moscow, Azerbaijan, Mcdonalds, Ussr, Kremlin, Tehran



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