U.S. Imposing New Sanctions Against Iran

State, Treasury Depts. Announce Toughest Steps Since 1979 Hostage Crisis - Oct. 25, 2007
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(CBS/AP) The United States announced Thursday that it is imposing sweeping new sanctions against Iran's defense ministry, its Revolutionary Guard Corps and a number of banks to punish them for purported support of terrorist organizations in Iraq and the Middle East, missile sales and nuclear activities. The measures, announced by Secretary of State Condoleezza Rice and Treasury Secretary Henry Paulson, will cover some of the Iranian government's largest military and financial institutions, which Washington blames for supporting the Taliban in Afghanistan and Shia insurgent groups in Iraq, along with the Hamas and Hezbollah organizations, they said. Also designated were several Iranian individuals and organizations.
Read the full article here : http://www.cbsnews.com/stories/2007/10/25/world/main3407007.shtml
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