Eurasia Press & News

Billboards in Kurdistan’s capital boast that luxury malls and hotels are on the way, but banking and insurance systems barely function. Cranes loom over building sites, but few government inspectors check the quality of construction. This is economic development, on the fly. A sign at the office of a trade …

ANKARA – The details of a July natural gas exploration and transportation agreement between Turkey and Iran, over US objections, are now becoming clearer. According to the agreement Iran will pay 20 percent of profits from the natural gas extracted from the South Pars Basin to Turkey in compensation for …

Lebanon‘s parliament has postponed a session to elect a new president until October 23. A parliamentary official made the announcement in the chamber, after pro-Syrian opposition members boycotted Tuesday’s session, preventing the legislature from mustering a two-thirds quorum required for a vote.

Part of a Russian-made copy of the Koran, etched onto sheets of 99.9% pure gold, is currently on display in Iran’s capital at an exhibition of sacred Islamic texts. Fourteen sheets of the 162-page book were sent to Tehran for the exhibition, which started on 22 September and will run …

Iranian and Venezuelan presidents in a phone conversation Monday night stressed the need for the consolidation of ties and increase of cooperation between the two countries.

Iranian President Mahmoud Ahmadinejad stressed the need for the United Nations and UN Security Council to observe justice when adopting different measures, expressing views and making decisions.

Iran’s former chief nuclear negotiator Hassan Rouhani said there is a consensus among all Iranian politicians about the country’s nuclear strategy.

Iranian President Mahmoud Ahmadinejad is expected in South America later this week following his visit to the United Nations.

Turkey once again defended energy ties with Iran and Russia, despite US official calls on Turkey to seek alternatives such as agreeing with other regional suppliers including Turkmenistan and Kazakhstan.

Iran and Pakistan on Monday started a new round of talks over finalizing a multi-billion dollar gas pipeline project with Pakistan, but in the absence of Indian officials.