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U.S. satisfied by significant reductions in Turkey’s oil imports from Iran

US Secretary of State Hillary Clinton added India, South Korea, Sri Lanka, Malaysia, Taiwan, Turkey, and South Africa to the list of countries exempt from the sanctions on purchasers of Iranian crude oil. In March, she made exemptions for 10 European Union countries and Japan.  /AFP

Special to WASHINGTON — The United States has removed the threat of sanctions from Turkey for its purchase of crude oil from neighboring Iran. The administration of President Barack Obama has exempted Turkey as well as six other countries from financial sanctions on Iran’s energy sector. Officials said the administration determined that Ankara was [...]

June 12th, 2012 | Posted in Exclusives,Iran,Mideast,NE Asia,South Korea,Stateside,Taiwan,Top Stories,Turkey,U.S. Politics | Read More »

Report: Taiwan weighs gamechanger with purchase of U.S. F-35B stealth jetfighters

Lockheed Martin's F-35B stealth fighter.

Special to In a major policy reversal, Taiwan’s defense officials have indicated they may forego further upgrades to their current F-16A/B fleet and instead purchase the next-generation F-35B stealth fighter, according to Taiwan’s China Times. Taiwan’s mainstay combat aircraft is the F-16A/B block 20. Taiwan currently has 145 such advanced aircraft in service. However, [...]

May 20th, 2012 | Posted in China,Exclusives,Life,NE Asia,Stateside,Taiwan,Top Stories,U.S. Military | Read More »

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