ADN KRONOS INTERNATIONAL: Rome, 11 April - Although Iranian president Mahmoud Ahmadinejad continues to downplay the impact of UN imposed economic sanctions, the economy of the Islamic Republic has been badly affected by this international isolation.
On Thursday the director of the French oil company Total said that the firm had decided to give up on investments in Iran.
"The existing tensions are preventing every investment and cooperation with Iran," said a manager of the oil company in an interview with the French newspaper Liberation. He said that they are instead in the middle of "talks to operate in the south of Iraq."
The former Iranian nuclear negotiator, Ali Larijani, has said that he finds "shocking" the statements by government representatives who continue to minimise the effects of the UN economic sanctions. Iran: Sanctions Continue to Batter the Economy >>> By Ahmad Rafat | April 11, 2008
The Dawning of a New Dark Age (Paperback - UK)
The Dawning of a New Dark Age (Hardback - UK)
