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[ Wall Street Journal] Jay Solomon -The U.S. is fine-tuning new financial penalties against Iran that would target everything from gasoline imports to the insurance sector, and the prospect of such sanctions grew after talks over its nuclear-fuel program this weekend made no progress. The sanctions could include measures to impede Iran's shipping operations in the Persian Gulf and its banking activities in Asia and the Middle East, officials said. "We have not gotten all the answers to the questions," said EU foreign-policy coordinator Javier Solana after Saturday's meeting. He said the two-week timeframe was meant to give Iran the space to come up with "the answers that will allow us to continue." 2008-07-21 01:00:00Full Article
Heat Rises Under Iran
[ Wall Street Journal] Jay Solomon -The U.S. is fine-tuning new financial penalties against Iran that would target everything from gasoline imports to the insurance sector, and the prospect of such sanctions grew after talks over its nuclear-fuel program this weekend made no progress. The sanctions could include measures to impede Iran's shipping operations in the Persian Gulf and its banking activities in Asia and the Middle East, officials said. "We have not gotten all the answers to the questions," said EU foreign-policy coordinator Javier Solana after Saturday's meeting. He said the two-week timeframe was meant to give Iran the space to come up with "the answers that will allow us to continue." 2008-07-21 01:00:00Full Article
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