How Iran Is Working Around Sanctions

Sticks to couriers, trading firms in other countries: US Treasury

By Matt Cantor,  Newser Staff

Posted Jan 11, 2013 1:21 AM CST

(Newser) – Iran is managing to sneak around heavy economic sanctions using other countries' private trading houses, fake identities, and something called hawala, the US Treasury tells reporters. The sanctions have left the country "almost without recourse through ordinary banking channels," says a spokesman. So...   Read full story »

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