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Iran Grants Iraq $1 bln Loan

TEHRAN (Fars News Agency)- Iran announced here on Friday that it would grant a one-billion-dollar loan to Iraq.

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US Embassy Warns Beijing on Iran Gas Deal

TEHRAN (Fars News Agency)- The Bush administration and Congress are warning that a proposed $16 billion deal between a Chinese company and Iran could trigger economic penalties under an American law aimed at starving Iran of funding for terrorism and nuclear weapons.

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Iran Defense Industry Unharmed by Sanctions

TEHRAN (Fars News Agency)- Defense Minister Mostafa Mohammad Najjar on Friday dismissed UN sanctions imposed on Iran as “psychological warfare” and suggested they would not affect Iran’s missile production capability.

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