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
    BRUSSELS (AP) -- 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 - 4:39 am | View Link
  • Iran cut off from global financial system
    BRUSSELS, Belgium — 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. The move was part of an international effort to discourage Tehran ...
    03/14/2012 - 1:00 pm | View Link
  • Iran cut off from global financial system
    BRUSSELS – Iran was largely 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 ...
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