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Weekly Roundup: Obama Signs Off on Iranian Central Bank Sanctions, Three Swiss Bankers Indicted for Helping U.S. Clients Evade Taxes, and More
printU.S. President Barack Obama signed a defense bill into law Saturday that imposes sanctions on Iran's central bank, Bank Markazi. The law requires that foreign financial institutions that do business with the bank be blocked from the U.S. financial system and imposes sanctions on the sale of oil products to Iran through private banks, The Wall Street Journal reported Monday. More President Obama also expanded existing sanctions against Belarus by signing the "Belarus Democracy and Human Rights Act of 2011" on Tuesday, RIA Novosti reported. The bill increases the list of Belarusian officials subject to visa and financial sanctions for...
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