Obama has already begun the process of normalizing relations with Raul Castro’s government. However, it will fall upon the next U.S. President to end the island’s economic isolationism.
Iran’s revenue from oil exports is off by 40% thanks to the sanctions imposed by the U.S. and EU over the Iranian nuclear program. Oil Minister Rostam Qasemi told the budget commission of the Iranian parliament, “There has been a 40 percent decrease in oil sales and a 45 percent decrease in repatriating oil money.” […]
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