IRGC

New Sanctions Aimed at Nuke Program

The Bush Administration announced new targeted sanctions on elements of Iran's banking and military sectors, as well as some key individuals that the White House believes enable Iran's illicit nuclear programs. Secretary of State Condoleeza Rice and Treasury Secretary Henry Paulson announced the sanctions this morning. Rice explained,"What this means is that no U.S. citizen or private organization will be allowed to engage in financial transactions with these persons and entities. In addition, any assets that these designees have under U.S. jurisdiction will be immediately frozen."This Iranian ...

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