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Iran suspends sales tax after rare merchant strike

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ImageAP: Iranian President Mahmoud Ahmadinejad ordered his government to suspend a controversial new sales tax Thursday, a day after a rare strike by merchants worried about how the new measure would affect their business.

Russia indicates no S-300s for Iran

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ImageAP: Russia's Foreign Ministry suggested Thursday that Moscow would not sell advanced anti-aircraft missiles to Iran, a possibility that has alarmed Israel.

Iran says OPEC to hold Nov emergency meeting

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ImageReuters: OPEC will review oil market conditions at an emergency meeting planned for mid-November in Vienna, Iran's oil minister said, the official IRNA news agency reported on Thursday.

Iran car maker says French politics hampering ventures

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ImageAFP: The chairman of Iran's biggest car maker accused France of "inappropriate policies", which he said are hampering joint ventures in a country where French manufacturers have a 40 to 50 percent market share.

Criticism of perks provokes uproar in Iranian parliament

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ImageThe Guardian: There are many ways for an MP to win over fellow parliamentarians but for Hasan Kamran, blowing the whistle on their cushy expenses was never likely to be one of them.

Iran inflation nears 30 percent in September – media

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ImageReuters: Iran's annual inflation rate jumped 1.8 percentage points in September to 29.4 percent, Iranian media said on Thursday, highlighting a growing source of discontent ahead of next year's presidential election.

Iran shopkeepers strike over VAT introduction

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ImageAFP: Shopkeepers in Iran's traditional bazaars pressed on with strikes on Wednesday to protest against the government's introduction of value added tax amid mounting pressure on retail prices.

Six powers to discuss Iran in a few days: US

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ImageAFP: The six powers trying to scale back Iran's nuclear ambitions will consult soon via telephone about the "next steps" to take at the United Nations, a State Department official said Wednesday.

Germans arrest Iranian-Canadian for allegedly breaking trade embargo

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ImageCanadian Press: German authorities have arrested a Canadian-Iranian citizen on suspicion of breaking a trade embargo with Iran by selling them technical equipment.

Iran withdraws claim on U.S. plane

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ImageNew York Times: An Iranian news agency said Tuesday that a United States warplane had been forced to land in Iran, but the United States military denied the claim, and Tehran quickly withdrew it.