By Nader Uskowi, Uskowi on Iran, December 28, 2010

....The tone and the substance of Ahmadinejad’s speech strengthen the possibility of a compromise in future talks between Iran and the West. Iran needed to declare a victory on uranium enrichment, what Ahmadinejad did today in Karaj. It now needs to go beyond this declaration and find an acceptable compromise with the West to put an end to the sanctions, something that Iran needs to do to successfully manage its subsidy removal program, a priority for Ahmadinejad administration

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India Joins U.S. Effort to Stifle Iran Trade
By Jay Solomon and Sudahip Sircar, Wall Street Journal, December 29, 2010

India has tightened the web of sanctions around Iran by barring Indian companies from a range of deals transacted through a key trade-finance clearinghouse.

India is Iran's biggest trading partner in business done through the Asian Clearing Union...