Iran

The Tehran stock exchange has broken its record for the highest ever transaction on the bourse with the sale of shares worth over one billion dollars in a state copper company.

Iran said that new UN sanctions would torpedo renewed nuclear inspections but the United States and its allies are still insistent on imposing a third round of sanctions against Tehran.

Iran dismissed the latest US strategy report on Iraq as “unrealistic” and warned it would not take part in future talks on Iraqi security unless Washington was serious.

Iran’s rational policy in the nuclear issue has revealed the “evil” intensions of the United States and its allies, Foreign Minister Manouchehr Mottaki said here on Tuesday.

Iranian President Mahmoud Ahmadinejad rejected the congressional testimony of the top US officials in Iraq accusing Iran of interfering in its war-torn neighbor.

The United States seeks different excuses and devises various plots, including the blacklisting of the Islamic Revolutionary Guards Corps as a terrorist group, in order to justify its crimes in Iraq, said commander of the Basij force (volunteer troops affiliated to the IRGC).

A Syrian source in Damascus on Wednesday ruled out the recent allegations made by Israeli media about the military objectives of the recent violation of the Syrian airspace by Israeli fighter planes.

Sri Lankan ambassador to Tehran called for the development of economic ties between his country and Iran.

Iran launched a highly advanced, high-speed cruise vessel, which has been made by its own experts, in the country’s southern waters in the Persian Gulf Wednesday morning.

  OPEC exporters agreed Tuesday to pump an extra 500,000 barrels of oil a day to cool near-record crude prices in an apparent victory for Saudi Arabia over its reluctant partners.  The cartel is to open the taps from the beginning of November to ensure adequate supplies to the market …