Obama Inciting Real Terror Plots on U.S. Soil: Iranian Currency Devaluation of 50%Submitted by barracuda_trader on Tue, 06/04/2013 - 12:38
Obama Authorizes New Iran Sanctions Targeting Currency
“While the rial has lost half of its value since the beginning of 2012 as a result of our comprehensive sanctions, this is the first time that trade in the rial has been targeted directly for sanctions,” Carney said.
Obama signed an executive order that would impose penalties on “foreign financial institutions that knowingly conduct or facilitate significant transactions for the purchase or sale of the Iranian rial,” according to a statement yesterday from White House press secretary Jay Carney. It was the ninth executive order that Obama has signed sanctioning Iran, which will hold presidential elections June 14.