Word: morely
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With Iran having refused to accept the terms of an international offer to exchange most of its enriched-uranium stockpile for reactor fuel, the Obama Administration had hoped to up the ante with new U.N. sanctions by February. But diplomats say June is more likely the earliest point at which...
That's why the U.S. is also moving to adopt "coalition of the willing" sanctions in conjunction with European allies - and, they hope, with support from Arab countries, although it's unclear whether such support would be forthcoming. The purpose of such measures would be to punish third-country companies...
Hopes that a change of regime in Iran would somehow break the nuclear stalemate have dimmed, with the authorities having successfully contained the challenge of the Green Movement (whose leaders, in any case, publicly backed their country's nuclear program). And despite President Obama keeping the proverbial "all options" on...
Powell may be subtly urging the Administration to adopt a more flexible position on Iran, but some powerful domestic interest groups are urging it to do just the opposite. AIPAC activists swarmed Capitol Hill on Tuesday to lobby legislators to push the Obama Administration to take an even tougher line...
The effect of this spat has been to push the euro to a four-week low against the dollar as investors fret over the uncertain prospect of support for Greece. The euro closed on Tuesday at $1.35, down from a high of $1.51 in November. "The leaders are hardening positions...