Reuters ahead with major developments in Iran

Reuters was ahead with two major developments in Iran’s standoff with the West over its nuclear programme. On May 16 Reuters was alone with Iran saying it was willing to deposit some of its uranium stockpile in Turkey under a deal under discussion with the leaders of Turkey and Brazil. When a deal emerged from those negotiations, Reuters was a full hour ahead of its closest competitor Dow Jones. Over the next 24 hours it became clear that Iran’s gesture was too little, too late to satisfy the United States and other world powers that have been pressing Iran to halt its nuclear programme. The United States, which has been leading the push for tougher sanctions against Iran, announced on May 18 it had succeeded in getting all permanent members of the Security Council, including China and Russia, to agree. A few hours later, Reuters was first to obtain the full text of the draft resolution against Iran. Reuters was hours ahead with details of proposed punitive measures affecting Iran`s banks — including the central bank — shipping industry, Revolutionary Guards and other Iranian entities. The draft resolution was a tacit rebuff to the deal brokered by Brazil and Turkey.