Fars: An Iranian Faces the Economy0634 GMT: Oil Watch. The Government has once again said it will cope with recent European Union sanctions, threatening to cripple oil exports, by insuring tankers.
European companies, which cover about 95% of the world's oil shipments, were barred from 1 July from insuring Iranian crude.
"The Islamic Republic of Iran will take all responsibility for insuring any foreign shipping line and any ship that enters Iranian waters," Seyyed Ataollah Sadr, the managing director of Iran's Ports and Maritime Organization, said. "The Islamic Republic of Iran has adopted measures with the cooperation of Iranian insurance companies."
Sadr did not give details of the scheme.
India and Japan have both adopted State-backed measures for some coverage of Iranian oil imports, but it is not yet clear how significant these will be.
Iran's oil exports are now 1.1 million barrels per day, half the level of 2011.
0631 GMT: Morality Watch. A note from the Monday press conference of Iran Prosecutor General Gholam Hossein Mohseni Ejei --- actors who do not fully comply with the dress code for women will be barred from leaving the country.
Ejei said some actors had already received travel bans. He explained that those who had attended awards ceremonies recently had fallen “prey” to individuals who sought to lure them into parties and to publish their pictures, "go[ing]e to places they shouldn’t have".
0625 GMT: We open with an analysis, based on Tuesday's developments, "Larijani and the Revolutionary Guards Warn the Government Over the Economy".
Posted via email from lissping
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