Feb 12, 2012
Iran Faces Sanctions
According to the Associated Press:
In the broadest U.S. unilateral penalties on Iran since the takeover of the U.S. Embassy in 1979, the administration slapped sanctions on Iran's Revolutionary Guard Corps, a main unit of its defense ministry,three of its largest banks and eight people that it said are engaged in missile trade and back extremist groups throughout the Middle East. The sanctions target 25 Iranian entities, including individuals and companies owned or controlled by the Revolutionary Guard that play a major role in Iran’s domestic economy and international trade. They are the first of their type taken by the United States specifically against the armed forces of another government.
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