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UK severs ties with Iranian banks
Topic Started: Nov 21 2011, 12:17 PM (312 Views)
broken sticks
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http://www.bbc.co.uk/news/uk-politics-15823622
UK severs ties with Iranian banks
"The UK has imposed new sanctions against Iran which will cut off all financial ties with Iranian banks.

It follows the International Atomic Energy Agency's report on Iran and concerns about its nuclear programme.

From 1500 GMT on Monday, all UK credit and financial institutions are required to cease all transactions with banks including the Central Bank of Iran."


This is a really bad sign right?
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broken sticks
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"The United States and Canada are also expected to announce further economic sanctions against Iran on Monday."
"The BBC's Iran correspondent James Reynolds said that despite the IAEA report, Iran had not been referred to the United Nations Security Council for further sanctions because Russia and China were opposed to the move."
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