Midweek Roundup: U.S. Senate Okays New Iran Sanctions, China Clamps Down on Macau Casinos, And More

The U.S. Senate approved new sanctions legislation against Iran on Friday. The measure, part of the National Defense Authorization Act, passed without opposition by 94-0 votes. It further sanctions Tehran's energy, shipping and shipbuilding sectors. It also targets Iran's trade of precious metals, graphite, aluminum and steel, metallurgical coal and software for industrial processes. More Under the measure, foreign banks caught transacting with U.S. blacklisted Iranians will be subject to sanctions. More The United Kingdom is ramping up efforts to "tackle" domestic and international tax evasion, according to the Exchequer Secretary to the Treasury, David Gauke, in a statement Monday....