Iranian official: Joining oil output freeze would be ‘illogical’

Special to WorldTribune.com Radio Free Europe / Radio Liberty A senior Iranian official is reported as saying it would be “illogical” for Tehran to join a proposed oil output freeze. Iranian newspaper Shargh quoted Iran’s OPEC envoy Mehdi Asali as saying Tehran would continue to increase oil production until it reaches presanction levels. The comments […]

Iran eyes direct commercial flights to New York, Toronto

Special to WorldTribune.com Iran is looking to use some of its newly purchased long-range airliners for direct flights to New York and Toronto. The flights, which would take over 12 hours and use a route that would pass over the North Pole, would be the first direct flights from Teheran to the major U.S. and […]

USA economic freedoms again slip in global survey

Special to WorldTribune.com By John J. Metzler UNITED NATIONS — While recessionary winds continue to buffet the world economy, many countries are still prospering due to innovative policies which have embraced economic growth and expanded economic opportunities and grown the middle class in places as disparate as East Asia and South America. Yet, the United […]

Tehran stock market hits one-year high after sanctions lifted

Special to WorldTribune.com Radio Free Europe / Radio Liberty The Tehran Stock Exchange has surged to a one-year high since Iran’s landmark nuclear deal with world powers went into effect last month. The Tehran TEDPIX index soared to 73,725 on Feb. 2, boosted by an outpouring of foreign investment of $16.6 million in the 10 […]

Iran says $100 billion in frozen assets ‘fully released’

Special to WorldTribune.com Radio Free Europe / Radio Liberty Iran says it now has access to more than $100 billion worth of overseas assets that were unfrozen as a result of a landmark nuclear deal with world powers. Government spokesman Mohammad Bagher Nobakht said much of the money was stored in banks in China, India, […]

Democratic Taiwan: More important than ever after failed U.S. ‘pivot to Asia’

Special to WorldTribune.com By Sol W. Sanders Largely ignored by the mainstream media, the Jan. 15 Taiwan elections have enormous implications not only for the Island’s 25 million people, but for China – and the U.S. Ironically, the election of the Democratic Progressive Party [DPP] leader, Tsai Ing-wen, a woman at that — reinstalled a […]

The shale revolution, propaganda, sheer idiocy and an abundance of energy

Special to WorldTribune.com By Sol W. Sanders The Shale Revolution continues to wreak havoc as revolutions are wont to do. The abundance of U.S. natural gas, in many ways a more satisfactory fossil fuel than either coal or oil because of its lesser emissions, has dynamited the whole worldwide energy market. Whether or not the […]

Analyst: Impossible for Saudis to destroy U.S. shale industry

Special to WorldTribune.com Despite its best efforts, it is impossible for Saudi Arabia to destroy the “resilient” U.S. shale industry, an analyst said. Because of its mid-cost nature, compared to the high cost of conventional drilling, shale will rebound quickly, according to Daniel Yergin, founder of IHS Cambridge Energy Research Associates, who said groups are […]

Iraqi refugee charged with plan to bomb Houston malls

Special to WorldTribune.com Radio Free Europe / Radio Liberty An Iraqi refugee suspected of sympathizing with the Islamic State extremist group wanted to set off bombs at two Texas malls and was learning to make explosive devices, U.S. authorities said on January 13. Omar Faraj Saeed al-Hardan, who emigrated to Houston from Iraq in 2009, […]

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