Middle East Economic Survey

 

VOL. LV

No 33

13-Aug-2012

 

IRAN

 

US Tightens Net On Iran

 

The US is continuing to crack down on Iran. Last week one of its regulators accused UK bank Standard Chartered of trying to hide $250bn worth of transactions with the country. This illustrates that the US authorities are seeking to close any loopholes by aggressively going after those they deem to have flouted sanctions and at the same time write...