You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

GE Joins Halliburton In Pulling Out of Iran

HeadlineFeb 03, 2005

In business news, General Electric has become the second major company to announce it will stop doing new business in Iran. Halliburton made a similar announcement last week. A GE spokesperson said the decision was made “because of uncertain conditions relating to Iran,” In recent weeks speculation has grown that the U.S. or Israel may carry out an attack on Iran to cripple its alleged nuclear weapons program. For years Halliburton and GE have skirted a trade embargo on Iran by setting up foreign-owned subsidiaries to deal directly with Iran.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top