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Tough U.S. Sanctions on Iran Go Into Effect as U.S. Targets State Broadcaster

Tough US sanctions on Iran go into effect, Iran's Supreme Leader rejects direct talks with US, N. Korea likely to conduct nuclear test next week, Urenco sale plan divides secretive nuclear fuel club, nuclear watchdog in hot water, budget cutters eye nuclear reprocessing plant.

Published on February 7, 2013
 

Tough U.S. Sanctions on Iran Go Into Effect as U.S. Targets State Broadcaster

Samuel Rubenfeld | Wall Street Journal

Tim Geithner

Tough U.S. sanctions on Iran signed into law last August went into effect Wednesday as the Treasury Department announced new designations targeting the state broadcaster, its director as well as three other entities.

Among other things, the law closes loopholes in existing sanctions on Iran, and adds penalties for those aiding Iran's petroleum, petrochemical, insurance, shipping and financial sectors. It also broadens the list of available programs under which sanctions can be imposed on Iranian individuals and entities.   Full Article



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