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U.S. targets companies accused of evading Iran sanctions

April 11, 2013 16:30
By Timothy Gardner WASHINGTON (Reuters) - The United States on Thursday slapped financial penalties on an Iranian businessman, a Malaysian bank and a network of companies it accused of attempting to evade international sanctions on Iran's nuclear program through money laundering. The Treasury Department blacklisted Babak Zanjani and First Islamic Investment Bank for providing financial and other support to the National Iranian Oil Company.

Movement in nuclear talks, but onus on Iran: UN chief

March 1, 2013 15:46
UN Secretary-General Ban Ki-moon said Friday that the ball remained in Iran's court over its contested nuclear programme, though he was encouraged by new feelers being put out by Tehran and the West. "I am encouraged that, at their recent talks in Almaty, the P5+1 and Iran agreed on dates and venues for further meetings soon," Ban told reporters in Geneva. "The onus remains on Iran to gain the confidence and trust of the international community," he added.

US lawmakers introduce new Iran sanctions bill

February 27, 2013 17:17
US lawmakers were introducing legislation Wednesday that would tighten sanctions on Iran, even as Tehran agreed to future talks with world powers over its contested nuclear drive. The bipartisan House bill would allow President Barack Obama to impose penalties on foreign entities that provide Iran with goods to help maintain its struggling economy.

US lawmakers to introduce new Iran sanctions bill

February 27, 2013 12:31
US lawmakers on Wednesday will introduce a bill that would tighten sanctions on Iran, as Tehran held key talks with world powers over its contested nuclear drive which it described as a "milestone." The bipartisan House legislation, a copy of which was obtained by AFP, would allow President Barack Obama to impose penalties on foreign entities that provide Iran with goods that help maintain its struggling economy.

UPDATE 6-Iran upbeat on nuclear talks, West still wary

February 27, 2013 02:00
* Expert talks in March, next high-level meeting in April * Big powers offered slight easing of sanctions * No substantive response from Iran as election looms * Israel has hinted at military action if diplomacy fails (Adds Kerry, Netanyahu, details on uranium stockpile) By Justyna Pawlak and Yeganeh Torbati

Powers wait to hear Iran response to nuclear offer

February 26, 2013 19:30
* Second and final day of nuclear talks * Powers hope for response to sanctions offer By Justyna Pawlak and Fredrik Dahl ALMATY, Feb 27 (Reuters) - World powers hope Iran will respond positively on Wednesday to their new offer to lift some sanctions if Tehran scales back nuclear activity the West fears could be used to build bombs.

UPDATE 4-Big powers offer Iran some sanctions relief, await reply

February 26, 2013 08:00
* Iran nuclear talks begin after eight-month break * Sanctions relief on offer if Iran halts atomic work * Iranian election weighs on possible outcome (Adds details of first day of talks) By Yeganeh Torbati and Justyna Pawlak ALMATY, Feb 26 (Reuters) - Major powers offered Iran limited sanctions relief in return for a halt to the most controversial part of its atomic work during the first day of nuclear talks on Tuesday, and Iran promised to respond with a proposal on the same scale.

US official on trip to push Iran, Syria sanctions

February 25, 2013 17:15
The United States sent its top sanctions official on a four-country tour this week as it seeks to bolster support of international economic sanctions against Iran and Syria. David Cohen, Treasury under secretary for terrorism and financial intelligence, is visiting Iraq, Israel, Turkey and Britain for talks with government officials and members of the financial sector, the Treasury Department said in a brief statement.

REFILE-UPDATE 3-Powers to offer sanctions relief if Iran curbs nuclear program

February 25, 2013 09:30
(Corrects headline to make clear offer contingent on nuclear programme curbs) * No breakthrough expected in Almaty, first meeting since mid-2012 * Western officials hope Iran will take their proposals seriously * Iran has criticised reported offer of easing of gold sanctions * Tehran wants more significant sanctions relief * "Terrible consequences could follow failure," U.S.'s Kerry says By Justyna Pawlak and Fredrik Dahl

UPDATE 4-U.S. lawmakers target ECB to stop Iran from using euros

February 21, 2013 12:30
By Rachelle Younglai and Paul Carrel WASHINGTON/FRANKFURT, Feb 21 (Reuters) - U.S. lawmakers are crafting a bill designed to stop the European Central Bank from handling business from the Iranian government, a congressional aide said on Thursday, an attempt to keep Tehran from using euros to develop its nuclear program.
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