White House Hits Iran With New Sanctions

President Obama on the phone in his private study. Photo: wiki commons.

Huffington Post/AP – Seeking to ratchet up pressure on Iran, President Barack Obama on Tuesday ordered new sanctions on Iran’s energy sector and on foreign banks in China and Iraq that the U.S. says help the Islamic republic evade international penalties.

The election year sanctions come as Obama combats criticism from Republican rival Mitt Romney, who says the president hasn’t acted strongly enough to prevent Iran from building a nuclear weapon. Romney is returning from an overseas trip that included Israel, where Prime Minister Benjamin Netanyahu also expressed doubts about the effectiveness of U.S. sanctions.

Read full story.

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes