(Washington Post) Joby Warrick - The Obama administration on Monday formally designated Iran's entire financial sector a "money laundering concern," a move intended to discourage companies from doing business with Iranian banks. U.S. officials also announced new sanctions against Iran's oil industry and expanded the growing ranks of Iranian companies and individuals blacklisted from trading with Americans. Canada, Britain and France took similar and, in some cases, harsher steps.
2011-11-22 00:00:00Full ArticleBACK Visit the Daily Alert Archive