Wednesday, June 16, 2010

US targets bank, petro firms in new Iran sanctions

US targets bank, petro firms in new Iran sanctions
WASHINGTON: The United States has announced new sanctions against Iran targeted at the country's nuclear and missile programmes, targeting another of its state-controlled banks, more than 20 companies and its Revolutionary Guard Corps.

Announcing the measures at the White House Wednesday, Treasury Secretary Tim Geithner said they "are designed to deter other governments and foreign financial institutions from dealing with these entities and thereby supporting Iran's illicit activities."


Read More On reuters.com

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