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Wed, Aug. 01 2012 12:33 PM EDT

CP World Report: Romney, Michael Phelps, India Power Failure, Iran

By World Report
President Obama has announced new U.S. sanctions against Iran to isolate it for refusing to answer international questions about its nuclear program. The sanctions target Iranian oil as well as banks in China and Iraq. Obama accused those banks of facilitating transactions worth millions of dollars for Iranian banks already under sanctions. (A link to this page will be included in your message. )

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