Posts Tagged ‘ West ’

Dubai emerges as pivotal factor in West's clash with Iran

April 20, 2012
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For sanctions to work, lucrative haven must enforce them (read more…) – FINANCE

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Iran, West use oil weapon in gulf standoff

January 13, 2012
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DUBAI, United Arab Emirates, Jan. 12 (UPI) — As the West and Iran confront each other in the Persian Gulf, both sides are wielding the oil weapon more than 40 years after it was first used in the Middle East. (read the story…)

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Exclusive: West readies oil plan in case of Iran crisis

January 7, 2012
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LONDON (Reuters) – Western powers this week readied a contingency plan to tap a record volume from emergency stockpiles to replace nearly all the Gulf oil that would be lost if Iran blocks the Strait of Hormuz, industry sources and diplomats told Reuters. They said senior executives of the International Energy Agency (IEA), which...

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As West’s debt crisis deepens, Islamic finance booms

December 1, 2011
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MANAMA: Chicago native Mariam Khan never considered Islamic banking until her husband moved the family to Dubai in 2007. But the 36-year-old housewife is a believer now as the Western debt crisis deepens. (read more…)

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