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President Bush slapped new unilateral sanctions on Iran.(The Week ...)(George W. Bush)(Brief article)

National Review

| November 19, 2007 | COPYRIGHT 2007 National Review, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

President Bush slapped new unilateral sanctions on Iran. His administration will designate the Iranian Revolutionary Guard Corps (IRGC) a proliferator of weapons of mass destruction on the basis of its ballistic-missile program. It will also designate the Quds Force--the IRGC's elite foreign-operations division--a terrorist organization. These designations trigger sanctions against the economic infrastructure of the IRGC, which is thought to control up to 40 percent of the Iranian economy. Several Iranian companies and three state-controlled banks are specifically targeted; any of their assets under U.S. jurisdiction will be subject to ...

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Source: HighBeam Research, President Bush slapped new unilateral sanctions on Iran.(The Week...

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