GE will not sell equipment to Iran

Wall Street Journal:
GE Pulls Back From Work in Iran

Foreign subsidiaries were preparing up to $150 million in bids for pipelines, compressors and subsea equipment before U.S. withdrawal from nuclear agreement
GE appears to have been closely tied to a lot of Obama schemes some of which were questionable business judgments.  It is not clear why they can't sell the same equipment in the US which is struggling to get the infrastructure in place to fully exploit the shale revolution.


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