Talk of The Villages Florida - View Single Post - GOOD move
Thread: GOOD move
View Single Post
 
Old 03-30-2012, 02:21 PM
Guest
n/a
  
Posts: n/a
Default GOOD move
"WASHINGTON (AP) -- President Barack Obama is moving ahead with tough new sanctions aimed at squeezing Iran's oil exports after determining there is enough crude on world markets to take the step without harming U.S. allies."

Obama's move allows the U.S. to go forward with sanctions on foreign banks that continue to purchase oil from Iran. The sanctions aim to further isolate Iran's central bank, which processes nearly all of the Islamic Republic's oil purchases, from the global economy


News from The Associated Press