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The U.S. new sanctions initiative, strongly supported by Israel, to impose new sanctions against Iran, is designed to punish it for its purported covert nuclear weapons program by imposing new restrictions on Tehran.

As a result, many of Iran’s oil customers are scrambling to avoid collateral damage to their economies.

Crown Equity Holdings Inc. (CRWE.OB)

Internet is a global platform. It offers businesses an exposure to a worldwide audience. Business is no more limited to an area or location and can reach even the remotest places possible. People from any part of the world can visit websites, hence, giving businesses a global presence.

In a surprise move, South African electricity utility Eskom has withdrawn its authorisation for the mining industry to increase its electricity use from 80% to 90% on Thursday

Energy crisis closes South African mines

Posted by purplemoon on January 28th, 2008

Rolling power cuts across South Africa are putting the lights out on the country's economy with gold and platinum mines suspending production.

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