AP: Iran’s official news agency says the country’s military will hold “massive” air defense maneuvers in the east, starting this weekend.

AFP: Iran’s President Mahmoud Ahmadinejad Thursday dismissed US elections as a “battleground for the capitalists”, a day after Barack Obama’s re-election.

Bloomberg: After a presidential campaign waged on the domestic terrain of jobs and economic growth, President Barack Obama is confronted by a volatile international environment that will help determine whether he can keep his promise to restore America’s prosperity.

AFP: Iran gave a lukewarm reaction on Wednesday to the re-election of US President Barack Obama, saying the result would not lead to a normalisation of ties but not ruling out hope altogether.

AP: Iran’s Central Bank says the country’s annual inflation rate hit 24.9 percent in October compared to 24.0 the previous month.

AFP: With the grueling presidential race over and victory assured, Barack Obama might be forgiven for wanting a rest. Iran’s suspect nuclear program, bubbling away on a back-burner for months, will once again come to the fore.

Bloomberg: An Iranian supertanker is sailing for South Korea’s Daesan port, indicating the Asian country will probably continue to import oil from the Islamic nation after stopping in August and September.

AP: Iranian local airlines have increased their airfares by up to 70 percent amid Western sanctions on the oil and banking system, the official IRNA news agency reported on Tuesday.

Bloomberg: Iran has imported wheat from seven countries even amid trade and financial sanctions against the Persian Gulf nation, Fars reported, citing Abbas Ghobadi, deputy minister of industries, mines and commerce.

Bloomberg: An ethylene pipeline that will carry the product to northwestern Iran from the southern port town of Assaluyeh will start next month, Mehr reported, citing an official with the National Iranian Petrochemical Co.