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California Tightens Screw on Trade with Iran
(Financial Times-UK) Matthew Garrahan - A new California law prohibits companies with Iran investments from bidding for state contracts. By insisting companies sever ties with Iran before they bid for lucrative state and city contracts, California has "changed the game" on Iran divestment, according to Mark Wallace, president of United Against Nuclear Iran. California would be the world's eighth largest economy if it were a separate country.