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Greece faces bankruptcy: Greek PM


Greece’s Prime Minister Lucas Papademos reads a newspaper after a meeting in Athens on January 29, 2012. Greek Prime Minister Lucas Papademos has warned that his country faces ‘the specter of bankruptcy and all the dire consequences that it entails.’ Lucas Papademos said on Sunday that Greece would default on its debts and might not

Iran unveils laser-guided ammunition


Smart laser-guided ammunition dubbed “Basir.” Islamic Republic of Iran has unveiled smart laser-guided ammunition dubbed “Basir” manufactured by the country’s military experts. Defense Minister Brigadier General Ahmad Vahidi attended the unveiling ceremony in the capital Tehran on Monday. The general said that it is the first time that such ammunition has been designed and manufactured

Iran’s First VP in Oman for talks


Iran’s First Vice President Mohammad Reza Rahimi Iran’s First Vice President Mohammad Reza Rahimi has arrived in the Omani capital of Muscat to hold talks with senior officials of the Persian Gulf country. During his day-long visit, Rahimi is scheduled to meet Oman’s Sultan Qaboos bin Said and Deputy Prime Minister Fahd bin Mahmud al-Said.

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