The U.S. Senate has unanimously approved a measure that would impose new sanctions against Iran because of its controverisal nuclear program. Lawmakers voted 100-0 Thursday evening in favor of the measure aimed at isolating and crippling Iran’s central bank. The measure would cut off from the U.S. market any business or financial entity that has […]
US Senate Advances Iran Central Bank Sanctions
Posted December 1st, 2011 at 9:00 pm (UTC-5)
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EU Increases Economic Pressures on Iran
Posted December 1st, 2011 at 2:10 pm (UTC-5)
The European Union has tightened economic pressures on Iran because of its controversial nuclear program. EU ministers meeting in Brussels Thursday agreed to expand the number of individuals and businesses targeted in existing sanctions. They also agreed to consider future penalties against Iran’s transportation and vital energy sectors. Diplomats said 180 Iranian officials and companies […]
EU Increases Economic Pressures on Iran
Posted December 1st, 2011 at 11:20 am (UTC-5)
The European Union has tightened economic pressures on Iran because of its controversial nuclear program. EU ministers meeting in Brussels Thursday agreed to expand the number of individuals and businesses targeted in existing sanctions. They also agreed to consider future penalties against Iran’s transportation and vital energy sectors. Diplomats said 180 Iranian officials and companies […]
US: No Quick End to Burma Sanctions Seen
Posted November 23rd, 2011 at 7:50 am (UTC-5)
U.S. officials say they they are not contemplating an early lifting of sanctions on Burma, despite plans for Secretary of State Hillary Clinton to visit the country next week. White House official Ben Rhodes told foreign reporters at a briefing in Washington Tuesday that any discussion of lifting of sanctions is still “premature.” Clinton will […]
US Lawmakers Move Toward More Sanctions on Iran
Posted November 2nd, 2011 at 3:30 pm (UTC-5)
The U.S. Congress is moving to tighten sanctions on Iran, following last month’s revelation of an alleged Iranian plot to assassinate Saudi Arabia’s ambassador to Washington. The House Foreign Affairs Committee on Wednesday approved sweeping legislation that would tighten U.S. sanctions on Iran’s financial, petroleum, and nuclear interests. The measures would deny a U.S. visa […]
US Considering New Sanctions Against Iran
Posted October 13th, 2011 at 12:10 pm (UTC-5)
The United States is promising to increase pressure on Iran following an alleged plot to assassinate the Saudi ambassador to Washington. In prepared testimony Thursday, Treasury Undersecretary David Cohen said the U.S. will continue to develop what he called “new and innovative ways” to crack down on Iran and its central bank, including possible new […]
US Eyeing New Sanctions Against Iran
Posted October 13th, 2011 at 11:20 am (UTC-5)
The United States is promising to increase pressure on Iran following an alleged foiled plot to assassinate the Saudi ambassador to Washington. In prepared testimony Thursday, Treasury Undersecretary David Cohen said the U.S. will continue to develop what he called “new and innovative ways” to crack down on Iran and its central bank, including with […]
EU Bans Oil Investments in Syria
Posted September 23rd, 2011 at 7:33 am (UTC-5)
The European Union has imposed new sanctions on Syria, including a ban on oil investments in the country. In a statement Friday, EU Foreign Affairs Chief Catherine Ashton said the measure serves to reinforce an earlier ban on Syrian crude imports implemented on September 2. Ashton said the sanctions are designed to have a maximum […]
US Designates Haqqani Network Commander a Terrorist
Posted August 16th, 2011 at 11:30 am (UTC-5)
The United States has designated a militant commander in southeastern Afghanistan a terrorist, a measure that the U.S. says will help stem the flow of funds to the militant leader. The State Department said Tuesday that any assets belonging to Sangeen Zadran in the U.S. are frozen. The designation also bars Americans from doing business […]
US House Renews Burma Sanctions
Posted July 21st, 2011 at 9:30 am (UTC-5)
The U.S. House of Representatives has renewed sanctions against Burma. Lawmakers adopted the measure by a voice vote on Wednesday. The sanctions have been renewed annually since they were first passed in 2003 in response to alleged human rights violations in Burma and a lack of democratic reforms. The sanctions ban the import of certain […]
