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Iran takes a hit from US, but catches a break from Europe
Topic Started: February 7, 2013, 10:20 am (243 Views)
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Iran takes a hit from US, but catches a break from Europe
Treasury puts new restrictions on financial transactions and Tehran's media while EU court says blocks on large bank should be lifted
By Joshua Davidovich and AP February 7, 2013, 1:17 am
Quote:
 
The White House added several sanctions to ramp up pressure on Iran Wednesday, even as a European court ruled the EU would have to pull back on some restrictions on the Islamic Republic.

Among the expanded measures announced Wednesday by the US Treasury Department was a move to deny Iran access to revenue garnered from its oil exports.
To read more > http://www.timesofisrael.com/iran-takes-a-hit-from-us-but-catches-a-break-from-europe/



US expands sanctions on Iran, targeting oil and media
6 February 2013 Last updated at 17:49 ET
Quote:
 
The US has tightened existing sanctions on Iran, in an effort to push Tehran to abandon its alleged nuclear weapons programme.

The measures further restrict Iran's access to its own oil revenues but also include financial restrictions against Iran's state-run media.

The sanctions are coming into effect under the terms of a bill passed by Congress six months ago.
To read more > http://www.bbc.co.uk/news/world-middle-east-21361798?print=true
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