U.S. Moves to Isolate Iranian Banks
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The Bush administration has stepped up a broad effort to choke off Iran's ability to finance militant groups and acquire weapons technology by cutting off suspect banks and firms from the international banking system, U.S. officials said yesterday.
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The US has been ordered to pay an Iranian businessman damages, or present a list of assets for seizure.
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Britain applauded a U.S. decision Thursday to target Iran with banking sanctions, but many European financial institutions already curbed ties with Tehran and analysts said it wasn't clear whether others would rush to take similar steps.
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Two European banks have limited or ended operations. The US says Iran taps banks for illicit activities.
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U.S. soldiers arrested members of an Iranian government delegation Tuesday at a hotel in Baghdad and took them to an unidentified location, Iran's official IRNA news agency reported.
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Iran is to move its foreign currency reserves from dollars to euros as the US continues to press for sanctions against Tehran.
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Dropping a last-minute demand yesterday, Iran agreed to fully suspend its nuclear programs and won some additional concessions from Europe for a resolution that excludes many of the Bush administration&#39;s
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A growing list of states and universities across the country are pulling their investments from foreign companies that deal with Sudan, Iran and other nations accused of government-supported genocide or terrorism.
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U.S. President George W. Bush pursued his efforts to isolate Iran among its Gulf neighbors on Sunday, urging them to help stop Tehran from threatening world security.
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Iran has detained a fourth Iranian American, California businessman Ali Shakeri, the U.S. State Department said on Thursday, calling his arrest a "disturbing pattern" of harassment of dual citizens.
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The Bush administration moved Wednesday to cement international support for new U.N. sanctions on Iran over its nuclear programs and rebuked Iranian President Mahmoud Ahmadinejad for declaring the issue "closed"
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The Bush administration announced an unprecedented package of unilateral sanctions against Iran today, including the long-awaited designations of its Revolutionary Guard Corps as a proliferator of weapons of mass destruction and of the elite Quds Force as a supporter of terrorism.
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Washington may want to label it a global terrorist organization. But in Iran the concern is over the military group's growing economic clout
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Europe and the US agreed to moves to curb Iranâs nuclear ambitions tonight, but divisions emerged with so-called non-aligned nations objecting to parts of the text.
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Iranâs increasing economic and political isolation is helping leaders to hold back what they see as corrupting foreign influences.
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A look at Iran's recent crackdown on perceived internal threats:
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Iran announced yesterday that it has frozen all uranium-enrichment programs, weakening a US effort to refer its suspect nuclear activities to the UN Security Council.