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Iran’s banks to be blocked from global banking system

Thursday, March 15, 2012 23:11
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Iran's banks to be blocked from global banking system

 
Swift, the body that handles global banking transactions, says it will cut Iran's banks out of the system on Saturday to enforce sanctions.
 

The move will isolate Iran financially by making it almost impossible for money to flow in and out of the country via official banking channels…read story>>
 

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