Iran Cut Off From Global Commerce

Iran Sanctions

The body that handles global banking transactions says it will cut Iran's banks out of the system on Saturday to enforce EU sanctions.

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  • Iran cut off from global financial system
    Iran was effectively cut off from global commerce on Thursday, when the company that handles financial transactions said it was severing ties with many Iranian banks _ part of an international effort to discourage Tehran from developing nuclear weapons.
    03/15/2012 - 3:18 pm | View Link
  • Iran cut off from global financial system
    The regime has been able to withstand these sanctions in part because high global oil prices have provided Iran ... for companies and Iranian elites to move money. "The Iranian banking system is embattled," he said. Jonathan Fahey reported from New ...
    03/15/2012 - 1:07 pm | View Link
  • Iran cut off from global financial system
    User comments posted on this website are the sole views and opinions of the comment writer and are not representative of Guardian Media Limited or its staff. Guardian Media Limited accepts no liability and will not be held accountable for user comments.
    03/15/2012 - 1:00 pm | View Link
  • Iran cut off from global financial system
    BRUSSELS - Dozens of Iranian banks were blocked from doing business with much of the world as the West tightens the financial screws on a country it wants to prevent from developing nuclear weapons. The Belgium-based company that facilitates most ...
    03/15/2012 - 12:45 pm | View Link
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    Iran, also known as Persia, officially the Islamic Republic of Iran, is a country in Western Asia. [15] It is bordered to the northwest by Armenia and Azerbaijan ...
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    More information about Iran is available on the Iran Page and from other Department of State publications and other sources listed at the end of this fact ...
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