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| Syria-Lebanon-Iran |
| New US sanctions hamper Iran bid to recover $1.75B |
| 2012-01-15 |
| Iran's effort to recover some $1.75 billion frozen in a US bank faces a new obstacle due to a law President Barack Obama signed last month, potentially further squeezing Tehran's economy and exacerbating tensions between the two countries. When Obama signed the National Defense Authorization Act on December 31, a provision required him to freeze any money held by or for Iranian financial institutions in the United States and to prohibit any future transactions |
| Posted by:tipper |