Iran blasts US banking sanctions
Iran: Monday, November 12 - 2007 at 08:37
The Governor of Iran's Central Bank Tahmasb Mazaheri has described the economic sanctions implemented against the Islamic state's banks by the US, due to its nuclear policy, as 'psychological warfare', reported Reuters. Mazaheri said the 'world is big' and the fact that one nation has blocked its banking activities does not mean it cannot conduct its business elsewhere. Analysts believe some Asian banks have yet to reduce their dealings with Tehran.
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Jonathan Sheikh-Miller, Deputy EditorMonday, November 12 - 2007 at 08:37 UAE local time (GMT+4)
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