Business
January 18-21, 2000 / Dey 28-Bahman 1, 1378
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* Oil rises as OPEC trio seeks longer
cuts
* Libyan, Iranian and Algerian oil ministers meet in Tripoli
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* German businessman to leave Iran soon
after trial
* Central bank intervention boosts rial to near eight-month
high
* German businessman to leave Iran soon: MPs
* Khatami says Persian Gulf will always be Persian
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Friday,
January 21, 2000
* Oil rises as OPEC trio seeks longer cuts
LONDON, Jan 21 (Reuters) - Oil markets rose after OPEC oil ministers
from Iran, Libya and Algeria urged the cartel to prolong deep output cuts
for another six months. Brent benchmark crude for March was last traded
25 cents a barrel higher at $26.35. The contract leaped a full dollar higher
to $27.11 a barrel, its highest since the Gulf War in 1991, before slipping
to a softer close >>>
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* Libyan, Iranian and Algerian oil ministers meet in Tripoli
TRIPOLI, Jan 21 (AFP) - Oil ministers from OPEC member countries Libya,
Iran and Algeria held talks Friday in Tripoli on developments in the oil
market, the official JANA news agency reported. Iranian Oil Minister Bijan
Namdar-Zangheneh discussed with his counterparts from Libya, Abdullah Salem
al-Badri, and Algeria, Chakib Khalil, "the development of prices and
respect by OPEC members and non-members for their production quotas,"
JANA added >>>
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Thursday
January 20, 2000
* German businessman to leave Iran soon after trial
TEHRAN, Jan 20 (Reuters) - An Iranian court on Thursday fined German
businessman Helmut Hofer, once held on death row for illicit sex with a
Moslem woman, on a minor assault charge, paving the way for his return
to Germany, his lawyer said. ``He is free as of right now. We are off to
pay his...fine,'' attorney Naser Taheri told reporters after the closed
court session. ``He may stay or leave. He may do as he likes.'' >>>
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Wednesday
January 19, 2000
* Central bank intervention boosts rial to near eight-month high
TEHRAN, Jan 19 (AFP) - Intervention by Iran's central bank in foreign
exchange markets over the last two days has boosted the rial to near eight-month
highs against the dollar, foreign exchange dealers said >>>
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Tuesday
January 18, 1999
* German businessman to leave Iran soon: MPs
BERLIN, Jan 17 (AFP) - A German businessman who has spent almost two
years in an Iranian jail after being found guilty of having sex with a
Muslim woman is likely to return home soon despite a new charge levelled
against him, German MPs returning from Iran said Monday. Helmut Hofer was
surprisingly calm when the parliamentary delegation met him, several of
the MPs said >>>
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* Khatami says Persian Gulf will always be Persian
BANDAR ABBAS, Iran, Jan 18 (AFP) - The Gulf will always be Persian and
that is history's verdict, Iranian President Mohammad Khatami said Tuesday
as he started a three-day visit to the Gulf port of Bandar Abbas. "The
description is not a simple word, but reflects an historic truth, which
relates to the glorious history and the great people of Iran," Khatami
said, speaking in front of tens of thousands of people. The president said
the Gulf's Persian character was "history's verdict" >>> FULL TEXT
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Monday
January 17, 1999
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