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Zennstrom and Friis, through Swedish-based Joltid, claim the agreement that permitted eBay to use the peer-to-peer technology that powers Skype was terminated in March 2009. They have filed suits in Britain and the U.S. seeking damages of more than $75 million...
...prepare for new sanctions. Earlier this year, it began importing far more than it was using. Intelligence consultancy Stratfor noted last week that Iran has probably stockpiled at least three months' worth of gasoline. The National Iranian Oil Refining and Distribution Co. estimates that the country has some 15.7 million bbl. of gasoline - about four months' worth - stockpiled in tankers on land and off its Persian Gulf coast. After BP and Reliance halted exports to Iran, Chinese state-owned oil companies filled the gap, supplying about one-third of Iran's gasoline imports as of last month, according...
...then there's smuggling. Ahmadinejad could - perhaps easily - boost his gas supplies by cracking down on rampant smuggling. About 10.6 million gal. (40 million L) of gas are smuggled out of the country daily to neighboring countries like Azerbaijan, Afghanistan and Turkey, where it is sold at higher prices, according to Iranian officials. "In some border regions, smugglers are using underground pipelines up to the frontiers," the ministry's director of economic affairs, Mohammed Reza Farzin, told an Iranian newspaper last week, explaining the difficulties of stopping the smuggling networks. (Read "Power to Chaos - Tracking Iran's Four-Month Slide...
...that the cost of doing business with Iran has become too high. In the past few months, Washington has leaned on insurance companies that underwrite Iran's shipments abroad and as many as 80 banks that handle financial transactions for the country. In January, the U.S. slapped a $350 million fine on Britain's Lloyds TSB Bank for funneling money from Iran and Sudan into U.S. institutions. "The U.S. Treasury Department has been encouraging major firms to be cautious in their dealings with Iran," says Fitzpatrick. "They are informally advising them not to be investing in the Iranian...
...formal agreement, nations are not obligated to turn over fugitives to each other. The U.S. and Russia do not have an extradition treaty, which led many dissidents to defect to America and seek political asylum during the Cold War. Fugitive U.S. financier Bobby Vesco allegedly stole $224 million from a Swiss mutual fund but avoided detection for years by hopping between Caribbean islands that did not have extradition laws (and once even tried buy his own island). And Lebanon's Mohammed Ali Hammadi, wanted in the for murdering a U.S. Navy passenger during the 1985 hijacking of a TWA flight...