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This is juicy…

Spy-swaps one week, nuclear sabotage the next?

Maybe, according to the FT.

Day to day life is starting to read like a le Carre novel…

By Jamie Coleman  || July 22, 2010 at 18:22 GMT
Category: All, Americas, Mkt Talk, Regions || Tags: || 1 comment || Add comment
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Iran may dump the euro for the UAE dirham: report

Reuters picks up a story that first appeared in the International Oil Daily, an industry newsletter:

Iran is considering switching oil payments from Europe to UAE dirham for the euro.

Part of the move may be to avoid EU sanctions that could freeze euro payments. Part may also have something to do with Iran blowing smoke at the market they way they did a few months ago when they said they were considering dumping the euro for the dollar.

They are probably trying to get back EUR/USD shorts like everyone else…

By Jamie Coleman  || July 16, 2010 at 16:17 GMT
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France says Russia to freeze missle sales to Iran

The Elysee Palace says that Putin will freeze missile deliveries to Iran, an important action that is much more powerful than sanctions forged at the UN. Until I hear it from Putin’s lips (and check the satellite photos), I’d take the news with a grain of salt.

EUR/USD is recovered some early losses, now at 1.2103 as the downside seems limited and day traders square up before the futbol.

By Jamie Coleman  || June 11, 2010 at 13:48 GMT
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Clinton says believes Iran’s revolutionary guard supplanting government, country moving toward military dictatorship

All very worrying.

By Gerry Davies  || February 15, 2010 at 07:48 GMT
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Iran has produced first consignment of 20% enriched uranium – Ahmadinejad

Has capability to enrich uranium to much higher levels at Natanz.  Iran will in the near future treble production of higher grade Uranium. Oh dear oh dear. Makes you wonder how much longer Israel will hold off.

By Gerry Davies  || February 11, 2010 at 08:30 GMT
Category: All, Europe, Geopolitics, Politics/Policy, Regions || Tags: || 3 comments || Add comment
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Italian Foreign Minsiter: Iranian militia tried to attack embassy

Pro-government militias tried to attack the Italian Embassy in Tehran today, the Italian foreign minister says.

Given the US experience in 1979/1981, this is not to be taken lightly. Iran has been increasingly bellicose toward the west in recent days.

By Jamie Coleman  || February 9, 2010 at 14:12 GMT
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Iran, Iraq discuss oil field “misunderstanding,” IRNA says

It was all a misunderstanding.

By Gerry Davies  || December 20, 2009 at 10:35 GMT
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Iraq: Iranian incursion a violation of sovereignty

Iraq is demanding the immediate withdrawal of Iranian troops from the disputed oil field, saying it is a violation of Iraqi sovereignty. Iraq seeks a peaceful, diplomatic solution to the border situation, a government spokesman says according to Reuters.

By Jamie Coleman  || December 18, 2009 at 18:18 GMT
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Iran denies report of incursion into Iraq

Must have been a humanitarian mission….  ;)

By Jamie Coleman  || December 18, 2009 at 16:42 GMT
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Iraq Deputy Interior Minister denies Iran troops entered Iraq or occupied oilfield

You couldn’t make this stuff up.

By Gerry Davies  || December 18, 2009 at 12:46 GMT
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