Tuesday, February 07, 2012

Obama imposes new sanctions on Iran


US President Barack Obama unveiled new sanctions on Iran's central bank Monday, tightening an economic choke hold with speculation rampant over a possible Israeli strike on Tehran's nuclear program.
Obama's move came as he insists that the tough range of US and European sanctions is exerting "unprecedented" pain on Iran, but with anxiety growing in Israel that the punishments will not halt Tehran's nuclear drive in time.

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