Treasury Department plans to impose new sanctions on Iran after Israel attack

CNBC

Summary

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In what can be called a vague announcement, National Security Adviser Jake Sullivan spoke about the penalties amid bipartisan pressure to act.
Hindustan Times
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Treasury Secretary Janet Yellen is warning of potential global “economic spillovers” from rising tensions in the Middle East
The Independent
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The new sanctions come amid Republican criticism of the Biden administration for purportedly not being tough enough on Iran, after the White House extended a waiver that allowed Iran to access to $10 billion of previously escrowed funds in November 2023.
Fox News
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Sullivan's announcement followed a similar one made earlier in the day by U.S. Secretary of the Treasury Janet Yellen, who didn't elaborate much on the detail at a press conference ahead of the unveiling of this year's Spring Meetings of the International Monetary Fund and World Bank.
XinhuaNet

■ Story #2739 ▪

issue 88:88 ▪

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updated 88:88

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