Middle East Economic Survey

VOL. LIII

No 24

14-Jun-2010

IRAN

New UN Sanctions On Iran Target Banking Sector

The UN Security Council on 9 June approved Resolution 1929, which imposes a new slate of sanctions against Iran for failing to comply with international demands and previous UN Security Council resolutions over its nuclear program. The resolution was the product of five months of talks between the US, Britain, France, Germany, China and Russia. Originally the US and its European allies had...