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General News 3/31/2008 at 9:20 AM EDT

U.S. Sanctions on Iran Central Bank May Badly Hit Country's Economy

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The US Finance Department accused the Central Bank of Iran of non-transparent economic activities, financial support to terrorism and of pursuing the policy which harms the world economic system. On 29 March, BBC reported that several US Congressmen, as well as several US Senators, sent an official letter to the President Bush in which they urged for imposing sanctions on Iran's Central Bank.

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Kevin Gosztola is managing editor of Shadowproof Press. He also produces and co-hosts the weekly podcast, "Unauthorized Disclosure." He was an editor for OpEdNews.com

Related Topic(s): Banking; Democratic; Iran; Iran War; Laws; Military; NATO; Oil; Privatization; Terrorism, Add Tags

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