Welcome, Guest! - or
Easy to remember!  »  VinNews.com

Washington - US Levies New Sanctions On Iran's Central Bank

Published on: February 6, 2012 10:43 AM
By: AP
Change text size Text Size  
Bookmark and Share
FILE -  Iranian president Mahmoud Ahmadinejad (L) delivers budget papers to Iranian parliament speaker Ali Larijani (R) at the Iranian parliament in Tehran, Iran, 01 February 2012.  EPAFILE -  Iranian president Mahmoud Ahmadinejad (L) delivers budget papers to Iranian parliament speaker Ali Larijani (R) at the Iranian parliament in Tehran, Iran, 01 February 2012.  EPA

Washington - President Barack Obama is ordering new U.S. sanctions on the government of Iran, including the Central Bank.

In a statement accompanying his order, Obama says the sanctions are warranted because of the “deceptive practices” of the Central Bank and the “unacceptable risk” posed to the international financial system by Iran’s activities.

The order comes amid new tensions in the Middle East and around the world over the potential of a unilateral strike by Israel on Iran’s nuclear program.

Advertisement:

Obama says it is still possible to resolve the standoff over Iran’s nuclear program through diplomatic efforts. His administration has sought to use sanctions as one way to pressure Iran to halt its nuclear program.


More of today's headlines

Ramallah, West Bank - Palestinian President Mahmoud Abbas on Monday took a decisive step toward reconciliation with the Islamic militant Hamas, agreeing to head an... Tehran, Iran - The Iranian government, through a website proxy, has laid out the legal and religious justification for the destruction of Israel and the slaughter of its...

 

You can now automatically hide comments - New!

Don't worry, you can always display comments when you need to.

Total2

Read Comments (2)  —  Post Yours »

1

 Feb 06, 2012 at 12:08 PM Obama is living in Dream Land Says:

Obama is living in a fantasy world that any sanctions of any kind can ever work against any country EVER!

US initiated Sanctions have in the past NEVER been successful to EVER persuade any country to bend to the will of the US.

US sanctions never worked against North Korea to stop their nuclear program and the US keeps on living in dreamland that it could work and in the end got absolutely no compliance at all whatsoever.

For years and years the US tried sanction against Saddam and after spending billions and months and years it never worked.

Obama needs to wake up and smell the coffee.

2

 Feb 06, 2012 at 04:59 PM cynic Says:

Reply to #1  
Obama is living in Dream Land Says:

Obama is living in a fantasy world that any sanctions of any kind can ever work against any country EVER!

US initiated Sanctions have in the past NEVER been successful to EVER persuade any country to bend to the will of the US.

US sanctions never worked against North Korea to stop their nuclear program and the US keeps on living in dreamland that it could work and in the end got absolutely no compliance at all whatsoever.

For years and years the US tried sanction against Saddam and after spending billions and months and years it never worked.

Obama needs to wake up and smell the coffee.

Ever hear of South Africa? Economic sanctions and international pressure (often promoted by individuals and private groups), were pretty powerful there.

Or closer to home, it sure wasn't open warfare that led the Soviet Union to (mostly) open the gates and let the Jews leave. (I'm talking about _prior_ to the collapse of the "Evil Empire").

But if you'd like to go rah rah war war, go for it. Not with my body and not with my relatives.

3

Sign-in to post a comment

Scroll Up
Advertisements:

Sell your scrap gold and broken jewelry and earn hard cash sell gold today!