Saturday, November 22nd, 2008

Posts Tagged ‘ GULF ’

Dangers Still Abound for Investors Interested in Iran

Sep 3rd, 2008 | By Sara Nunnally | Category: Featured, Financial News

Iran may be part of President Bush’s “axis of evil,” but Taipan Publishing’s Sara Nunnally says it is also a major player in the global commodities market that is now looking to expand its output.

Ambitious new projects to develop the steel and natural gas sectors will dramatically boost production. China and Russia are rushing in to secure supplies. But sanctions prevent the US from investing in Iran.

Sara says ongoing suspicion over Iran’s nuclear program will keep it off the investment table for much of the Western world…