Friday, 27 September 2013

Economy News Headlines - Yahoo! News: Iran makes payments on old loans to World Bank

Economy News Headlines - Yahoo! News
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Iran makes payments on old loans to World Bank
Sep 27th 2013, 23:03

WASHINGTON (Reuters) - Iran resumed payments on old loans to the World Bank, the bank said on Friday, just as the country held the highest level conversation with the United States in more than three decades. The poverty-fighting World Bank, which did not provide a reason for the resumption of payments, announced in July that Iran had not made any payments for more than half a year, a possible sign of the strain on the sanctions-hit Iranian economy. ...

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