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Obama tightens US sanctions on Iran
Source: BBC
6 February 2012 Last updated at 17:09 GMT
Obama tightens US sanctions on Iran
US President Barack Obama has placed stricter sanctions on Iran's government, including its central bank.
In an executive order, Mr Obama said he was freezing all Iranian government assets held or traded in the US.
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The new US sanctions include blocks on the Central Bank of Iran, imposed "in light of the deceptive practices" the bank to conceal transactions already banned by previous sanctions.
The curbs were also prompted by Iran's "deficient" efforts to combat money-laundering, the executive order said.
[font size=1]-snip-[/font]
Obama tightens US sanctions on Iran
US President Barack Obama has placed stricter sanctions on Iran's government, including its central bank.
In an executive order, Mr Obama said he was freezing all Iranian government assets held or traded in the US.
[font size=1]-snip-[/font]
The new US sanctions include blocks on the Central Bank of Iran, imposed "in light of the deceptive practices" the bank to conceal transactions already banned by previous sanctions.
The curbs were also prompted by Iran's "deficient" efforts to combat money-laundering, the executive order said.
[font size=1]-snip-[/font]
Read more: http://www.bbc.co.uk/news/world-us-canada-16914690
