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Forex news - recent top stories



15:03,  12 July 2007
US May trade deficit up 2.3 pct to 60.0 bln usd as expected 
WASHINGTON (Thomson Financial) - The US trade deficit rose 2.3 pct in May to 60.0 bln usd as Americans imported more and more expensive oil and other commodities.Economists were looking for a 60.0 bln usd deficit, expecting imports to recover from their April slide.

12:49,  12 July 2007
Forex - Euro at all-time high against dollar following strong GDP data 
LONDON (Thomson Financial) - The euro continued to post fresh all-time highs against the dollar, supported by an unexpected upward revision to first quarter GDP growth and robust industrial production figures.

09:45,  12 July 2007
Forex - Euro at fresh all-time high against dollar after hawkish ECB bulletin 
LONDON (Thomson Financial) - The euro climbed to a fresh all-time high against the dollar after a hawkish European Central Bank monthly bulletin, amid ongoing concern about the US sub-prime mortgage market.


See also:       

• Gulf States 
• Middle East 
• United States 

• USA & Canada 
• Middle East 

• Government 
• General news 

18:14, Friday, 30 March 2007

UN atomic agency calls on Iran to restore cooperation


VIENNA (AFX) - The UN watchdog International Atomic Energy Agency on Friday called on Iran to reverse its decision to limit cooperation with IAEA inspectors in retaliation for UN sanctions.

"I would urge your authorities to reconsider their decision," IAEA director of external relations Vilmos Cserveny said in a letter to Iran's ambassador to the agency, a copy of which was obtained by AFP.

Iranian ambassador Ali Asghar Soltanieh had formally announced Iran's decision to cut cooperation, in a letter sent Thursday to IAEA chief Mohamed ElBaradei, which called UN Security Council resolution 1747, adopted earlier this month, "illegal and unlawful."

Soltanieh also said Iran had to protect its nuclear secrets as the United States and Israel "are threatening the use of force and attack against the Islamic Republic and have repeatedly stressed that military action is an option on the table", according to a copy of the letter obtained by AFP.

Iran is cutting off cooperation agreed to in 2003 to give immediate notification of plans to build nuclear plants or to modify existing facilities.

Iran will now notify the IAEA of new sites only six months before they begin to function.

Analysts have said this could help Iranian authorities hide facilities and so protect them from possible military air strikes.

newsdesk@afxnews.com

afp/jlc


 

Forex news - 30 March 2007
19:24 Ukraine's Yushchenko decides not to dissolve parliament but talks go on
18:14 UN atomic agency calls on Iran to restore cooperation
18:00 Fed chief speaks on access to credit
18:12 EU to call for immediate release of British soldiers in Iran - sources - UPDATE
16:54 Oil comes off highs but remains above 68 usd on ongoing Middle East tension
16:25 Sanctions readied for Beijing
15:45 AFX TOP STORIES Macroeconomics 15:30 BST
15:37 ECB to hold council meetings in Athens, Brussels in 2008
15:35 Consumer, construction spending rise
15:32 Latvia 2006 current account deficit reaches 21.1 pct of GDP
15:31 Iran tells EU to stay out of British sailors row
15:17 US Feb construction spending up 0.3 pct, first increase in 11 months



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