Sunday, April 11, 2010


U. S. group targets Honeywell over Iran
Reuters reported that a pressure group, United Against Nuclear Iran (UANI), is urging industrial “Honeywell International Inc” to stop selling security technology to Iran, the group said on Thursday. Honeywell security products can be used for surveillance of oil pipelines and nuclear reactors, UANI said in a letter faxed to Honeywell it provided exclusively to Reuters.
The sale of security technology, via a British subsidiary, violates company guidelines for business conduct, UANI said, adding it may sue or pressure the New York Stock Exchange to delist Honeywell if the company continues operations in Iran.
UANI’s website lists 200 companies targeted over their dealings with Iran, which it argues is developing a secret nuclear weapon and sponsors terrorism. Its list includes names such as Royal-Dutch Shell Plc, Hewlett-Packard Co, Advanced Micro Devices Inc and Coca-Cola Co.

2 Men Accused Of Illegally Aiding Iran, arrested
The New York Times wrote that two men have been charged in Germany with illegally exporting equipment to Iran that was intended for use in the country’s missile program, prosecutors said Wednesday. The charges of violating export laws were filed against a 52-year-old Iranian identified as Mohsen A. and a 49-year-old Iranian-German dual citizen identified as Dr. Behzad S., federal prosecutors said. The men are suspected of exporting a vacuum sintering furnace worth $1.14 million to Iran in July 2007.