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Glencore says Iran metals swap deals did not violate sanctions

By Louis Charbonneau UNITED NATIONS (Reuters) - Swiss-based commodities giant Glencore Xstrata <GLEN.L> said on Thursday that it had done nothing wrong when it engaged in metal swaps with Iran, rejecting a suggestion by U.N. experts that such bartering could have been a way of evading sanctions against Tehran over its nuclear program.

US House panel backs stiff new Iran sanctions

Iran could face tightened sanctions within months after a US congressional panel Wednesday adopted a measure targeting the nation's auto and mining industries as well as its foreign currency reserves. The House Foreign Affairs Committee unanimously passed the Nuclear Iran Prevention Act, which would extend existing sanctions to the auto and mining sectors and allow the US president to subject other Iranian industries, such as engineering, to similar restrictions.

Exclusive: Glencore, Trafigura deals with Iran may have skirted sanctions - U.N

By Louis Charbonneau and Michelle Nichols UNITED NATIONS (Reuters) - Metals swap deals with Iran by Switzerland-based commodities giants Glencore Xstrata and Trafigura could have been a way of skirting international sanctions against Tehran over its nuclear program, according to a confidential U.N. Panel of Experts report seen by Reuters on Wednesday.

House committee approves Iran sanctions bill

WASHINGTON - A new push to thwart Iran's nuclear ambitions by crippling the country's economy gathered momentum on Capitol Hill Wednesday with approval of legislation by the House Foreign Affairs Committee that would impose even tougher economic sanctions against Tehran. And the Senate resolved that the United States should support Israel if it is forced to take military action to defend itself from an Iranian nuclear threat.

Iran pushes ahead with new nuclear plant that worries West

By Fredrik Dahl VIENNA (Reuters) - Iran is pressing ahead with the construction of a research reactor that Western experts say could offer it a second way of producing material for a nuclear bomb if it decides to make one, a U.N. report showed on Wednesday. Iran has transported the reactor vessel to the heavy water plant near the central town of Arak but has not yet installed it, the International Atomic Energy Agency (IAEA) said in a confidential report issued to member states.

US says Iran nuke saga has hit 'unfortunate milestone'

The UN nuclear watchdog's latest report on Iran's nuclear program marks the "unfortunate milestone" of a decade of Iranian defiance of the body, the US State Department said Wednesday. The International Atomic Energy Agency's director general issued the report Sunday, ten years after the IAEA's first on the Iranian program in June 2003. "And in the past 10 years, Iran has brazenly ignored multiple Board of Governors' resolutions while advancing its enrichment program in blatant violation of its international obligations," State Department spokesman Patrick Ventrell said.

Japan seeks swift publication of U.N. report on N. Korea sanctions

Japan's Ambassador to the United Nations Tsuneo Nishida on Friday called for a panel report on the implementation of U.N. sanctions against North Korea to be published soon after it is officially presented to the Security Council. The Panel of Experts, which assists the council's Sanctions Committee, produces a report every year to present cases of illicit trade of military-linked materials and luxury items banned under the mandate of the sanctions imposed over Pyongyang's ballistic missile launches and nuclear tests.

AFP World News Agenda

What's happening around the world on Wednesday: -- TOP STORIES -- + New round of talks on Iran's nuclear programme + Dozens of Rohingya missing in Myanmar as cyclone looms + Cannes film festival opens + US attorney general before Congress on AP phone records

US military involvement in Syria a 'mistake'

Former US defense secretary Robert Gates warned Sunday that deepening US military involvement in Syria's civil war would be a "mistake," warning the outcome would be unpredictable and messy. In an interview with CBS's "Face the Nation," Gates also said he saw "no good outcomes" in dealing with Iran's nuclear program and warned that a full US withdrawal from Afghanistan would be "a disastrous mistake."

EU's Ashton to meet Iran's nuclear negotiator on May 15

By Justyna Pawlak BRUSSELS (Reuters) - Negotiators from the European Union and Iran will meet in Istanbul this month to discuss future diplomatic efforts to resolve a decade-old dispute over Tehran's nuclear program. The May 15 meeting between the EU's foreign policy chief Catherine Ashton, who leads diplomacy with Iran on behalf of six world powers, and Tehran's chief nuclear negotiator Saeed Jalili follows a failed round of talks in Kazakhstan in April.
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