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U.S. Senate Approves Tougher Iran Sanctions


(Fox News) The U.S. Senate on Monday approved tough new penalties on the Tehran regime to thwart its nuclear ambitions. By voice vote, the Senate backed a measure that would target Iran's Revolutionary Guard Corps, require companies that trade on the U.S. stock exchange to disclose any Iran-related business to the Securities and Exchange Commission, and expand penalties for energy and uranium mining joint ventures with Tehran. The bill also would deny visas and freeze assets on individuals and companies that supply Iran with technology that could be used to crack down on its citizens, such as tear gas, rubber bullets and surveillance equipment. The legislation would expand U.S. sanctions to include companies involved in joint energy ventures anywhere in the world in which Tehran is a significant partner or investor. Penalties also would be imposed on companies involved in a joint venture with Iran in the mining, production or transportation of uranium.
2012-05-22 00:00:00
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