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sinkingfeeling Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-10 11:23 AM
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Security Council OKs Iran sanctions
Source: MSNBC.com

UNITED NATIONS - The U.N. Security Council imposed a fourth round of sanctions on a defiant Iran on Wednesday over a nuclear program the West suspects is aimed at developing the means to build atom bombs.

The 15-nation council passed a resolution that was the product of five months of talks between the United States, Britain, France, Germany, China and Russia. With 12 votes in favor, it received the least support of the four Iran sanctions resolutions adopted since 2006.

The resolution calls for measures against new Iranian banks abroad if a connection to the nuclear or missile programs is suspected, as well as vigilance over transactions with any Iranian bank, including the central bank.

It also expands a U.N. arms embargo against Tehran and blacklists three firms controlled by Islamic Republic of Iran Shipping Lines and 15 belonging to the Islamic Revolutionary Guard Corps. The resolution also calls for setting up a cargo inspection regime similar to one in place for North Korea.



Read more: http://www.msnbc.msn.com/id/37575561/ns/world_news-mideastn_africa/



Turkey and Brazil voted against this plan saying they saw no need for more sanctions. They want to continue to work under the plan brokered in October.
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Barack_America Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-10 11:28 AM
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1. Meanwhile it's American and European banks that truly threaten global security.
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Wizard777 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-10 11:33 AM
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2. Whew! That's great. Now can talk about Israel's Nuclear Weapons?
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no_hypocrisy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-10 11:44 AM
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3. Did I miss "the Stunt"?
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dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-10 11:56 AM
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4. new Iranian banks abroad
Edited on Wed Jun-09-10 11:57 AM by dipsydoodle
Can't really see that bothering them too much. I'd guess that their main export, apart from US$0.5 billion p.a.of hand woven carpets and rugs is oil a substantial amount of which goes to China and is paid for in either Euros or Yen straight into Iran's central bank.
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Chulanowa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-10-10 12:50 AM
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5. Seems like a pretty weak sanction
Still, utterly ridiculous.
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Elmore Furth Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-10-10 02:32 PM
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6. AP: Iran Revolutionary Guard elusive sanctions target


Iran's powerful Revolutionary Guard is now in the cross-hairs of U.N. penalties over Tehran's nuclear program, and it's an elusive target - a master at the sanctions-busting strategies long used by the Islamic Republic.

Iran has used a combination of third-party companies, deals with deep-pocket allies such as China, and the financial cushion of its oil exports to get around sanctions. The Guard is the muscle behind the clerical rulers and has its hand in every level of the country's economic, military, foreign policy and nuclear planning. It also is at the center of evasive strategies.

Even with two of Iran's lifelines - Russia and China - backing the latest Security Council measures, Iran denied being boxed in. Commerce Minister Mahdi Ghazanfari said Thursday in Beijing that Iran would find "new ways" to overcome the U.N. action.

These could include simply setting up new companies to funnel equipment to Iran's nuclear and defense programs or leaning more on friendly states such as Venezuela and perhaps even neighboring Turkey to keep money channels open, experts said.




Iran Revolutionary Guard elusive sanctions target
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