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May 10-14, 1999 / Ordibehesht 20-24, 1378
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Today
* U.S. sees Iran 99/2000 wheat imports
at 5.5 mln tons
* Pakistan to buy power from Iran
Previous
* The U.S. and the Caspian
* U.S. senator urges simple rules for Iran sales
* Oil down as stubborn stockpile raises concern
* Oil back below $16 as speculators jump ship|
* Iran vows to stop tax evasion by foreign firm
* Iran to open alumina plant in September
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Updated May 14, 1999
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Friday,
May 14, 1999
* U.S. sees Iran 99/2000 wheat imports at 5.5 mln tons
WASHINGTON, May 13 (Reuters) - The U.S. Agriculture Department on Thursday
forecast Iran to import 5.5 million tonnes of wheat in 1999/2000, up sharply
from this year and the second highest level on record ... FULL
TEXT
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* Pakistan to buy power from Iran
ISLAMABAD, May 13 (Dawn, ) - Minister for water and power Gohar Ayub
Khan has said that Pakistan will buy electricity from Iran to provide power
to Balochistan's areas bordering the Muslim brethren country ... FULL TEXT
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Thursday
May 13, 1999
* The U.S. and the Caspian
May 12, (Petroleum Economist) - So important to US strategic interests
has the Caspian become, that in July 1998, US President Bill Clinton created
the Office of the Special Advisor to the President and the Secretary of
State for Caspian Basin Energy Diplomacy. Ambassador Richard Morningstar
was appointed to the office. As overseer of US policy in the region, he
has strongly backed proposals to build a main exporting corridor for Caspian
energy to the West. Ambassador Morningstar spoke to Derek Brower ... FULL TEXT
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Wednesday
May 12, 1999
* U.S. senator urges simple rules for Iran sales
WASHINGTON, May 11 (Reuters) - A senior U.S. senator urged the Clinton
administration on Tuesday to make its new rules for food and medicine sales
to Iran as simple as possible ... FULL
TEXT
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* Oil down as stubborn stockpile raises concern
LONDON, May 12 (Reuters) - Oil prices spiralled lower again on Wednesday
following a sharp reminder that producers still have plenty to do to wipe
out large petroleum stockpiles in the West. London futures for benchmark
June Brent blend closed 39 cents lower at $15.57 per barrel after slumping
48 cents on Tuesday. Oil had peaked at $17.10 last week ... FULL
TEXT
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Tuesday
May 11, 1999
* Oil back below $16 as speculators jump ship
LONDON, May 11 (Reuters) - World oil prices tumbled on Tuesday as speculators
shed futures contracts built up during the steep rally over recent weeks.
London futures for benchmark June Brent blend closed 48 cents lower at
$15.97 a barrel as sickly refinery profit margins weighed on the international
crude market ... FULL
TEXT
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Monday
May 10, 1999
* Iran vows to stop tax evasion by foreign firm
TEHRAN, May 10 (Reuters) - Iran has vowed to stop alleged widespread
tax evasion by foreign companies in a move that could multiply their taxes
fivefold, newspapers said on Monday ... FULL
TEXT
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* Iran to open alumina plant in September
TEHRAN, May 10 (Reuters) - Iran is expected to open in September its
first alumina plant, built with an investment of some $260 million to make
the country self-sufficient in the raw material for aluminium, the project's
manager said on Monday ... FULL
TEXT
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