Reuters: International sanctions imposed on Iran over its disputed nuclear programme, coupled with high inflation and fear of a military strike by Israel, has led Iran’s currency to fall to its lowest-ever level against the U.S. dollar.
Western pressure, inflation send Iran’s rial to record low
Iran turns attention to plunging currency
AFP: Iranian officials, lawmakers and media on Wednesday snapped their focus on to their country’s sanctions-hit economy amid a sudden and accelerating plunge in the currency.
Diplomats agree to increase pressure on Iran
Reuters: Diplomats from the United States, the European Union and other allies agreed on Tuesday to step up pressure on Iran to force it to resume talks over its nuclear program, an Italian diplomatic source said.
Gulf Arabs back unity after hinting at Iran threat
Reuters: Gulf Arab leaders on Tuesday endorsed Saudi King Abdullah’s call to form a “single entity” after hinting at Iranian threats, and demanded Syria immediately implement an Arab peace plan to defuse months of violence over anti-government protests.
Top general says Iran shouldn’t ‘miscalculate our resolve’
CNN: As General Martin Dempsey toured around the globe over the last eight days, one issue was prominent — Iran’s nuclear intentions.
Iran moves websites to guard against cyber attacks
Reuters: Iran has moved most of its government websites from foreign-based hosting companies to new computer facilities inside the country, to protect them against cyber attacks, a senior official said on Tuesday.
Rome meeting analyses Iran oil embargo
Reuters: Diplomats from a so-called “group of like-minded nations” met in Rome on Tuesday to discuss further sanctions against Iran, diplomatic sources said.
Pentagon plays down remarks by Panetta on Iran
AFP: The Pentagon on Tuesday sought to play down remarks by Defense Secretary Leon Panetta who has suggested Iran’s nuclear program could be on a faster track than previously suspected.
Spain’s Repsol says Iranian crude easy to replace
Reuters: Spanish refiner Repsol sees no problem finding alternative crude oil supplies for its Spanish plants if Europe follows through on a threat to ban imports of Iranian crude, its chairman said on Tuesday.
Iranian exiles ready to leave Iraq camp
AP: The head of an Iranian exile group says more than 3,000 of its members holed up in a camp in eastern Iraq are ready to leave if they get U.S. and U.N. security guarantees.


