U.N. Could Agree on Syria Chemicals Resolution by Friday

American officials expressed great optimism Thursday night following a high-level meeting at the United Nations headquarters to begin the process of disarming the Bashar Assad regime of its chemical weapons stockpiles.

Years of US fines over Iran loom for foreign banks like Deutsche Bank, Intesa San Paolo

LONDON/FRANKFURT: For years, the United States struggled to get foreign bankers to comply with its effort to throttle Iran's economy - but a couple of billion dollars in fines, not to mention lurid headlines and talk of jail time, has suddenly got their attention.

Iran vows to confront "malicious" embargo

(Reuters) - Iran pledged to counter the impact of a European Union oil embargo which took full effect on Sunday, saying it had built up $150 billion in foreign reserves to protect itself.

Iran's economy to grow despite sanctions: Ahmadinejad

President Mahmoud Ahmadinejad predicted on Wednesday that Iran's economy would grow eight percent over the next 12 months despite severe Western sanctions, as he presented his government's annual budget to parliament.