Monday, February 6, 2012

U.S. Imposes Sanctions On Iran's Central Bank

Obama Sanctions Iranian Central Bank -- BBC

US President Barack Obama has placed stricter sanctions on Iran's government, including its central bank.

In an executive order, Mr Obama said he was freezing all Iranian government assets held or traded in the US.

On Sunday, Mr Obama said the US and Israel were "in lockstep" in their policy towards Iran.

Concerns have grown in Israel and the West that Iran is developing nuclear weapons, although Tehran says its nuclear programme is entirely peaceful.

The new US sanctions include blocks on the Central Bank of Iran, imposed "in light of the deceptive practices" the bank to conceal transactions already banned by previous sanctions.

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More News On The U.S. Imposing More Sanctions On Iran

Obama tightens Iran sanctions over bank "deception" -- Reuters
U.S. Imposes Fresh Sanctions On Iran -- NPR/AP
U.S. Levies New Sanctions on Iran's Central Bank -- Wall Street Journal
Obama slaps new sanctions on Iran -- USA Today
United States orders new Iran sanctions -- CNN
Obama signs order blocking all Iranian assets in US -- AFP
Obama signs executive order freezing Iran assets in U.S. -- Reuters
Obama Freezes Iranian Gov’t, Central Bank Assets in U.S. -- Bloomberg
Obama orders new sanctions against Iran -- Washington Times
Analysis: Iran economy could limp along under sanctions -- Reuters

My Comment: The U.S. is now getting serious about sanctions .... the Central Bank sanctions are serious and will hurt Iran economically.

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