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Business Matters: US imposes fresh sanctions on Iran

Iranian 10000 Rial Note With American One Dollar Bill

25/06/2019 GMT

US imposes fresh sanctions on Iran

BBC World Service - Business Matters, US imposes fresh sanctions on Iran

New restrictions prevent leaders' access to financial resources

President Trump has signed off on an order imposing hard hitting new sanctions against Iran, following weeks of escalating tensions.

The new sanctions will deny Iran's leadership access to financial resources and foreign financial institutions, which help them conduct transactions. We ask Barbara Slavin, who directs the Future of Iran Initiative at the Atlantic Council, whether the latest sanctions will make much difference? Meanwhile, Ebola presents a clear threat to the economies and people of central and east Africa. The death toll in the Democratic Republic of Congo is in excess of 1500. We explore what it means for the countries in the region. And how do you do business in a divided city? Our reporter Ivana Davidovic heads to North Nicosia in the Turkish Republic of Northern Cyprus. 

Susannah Streeter is joined on the programme by Sarah Birke, Tokyo bureau chief for The Economist and Peter Morici, Professor Emeritus at the University of Maryland, who's in Washington DC.

(Picture: An Iranian rial note and US dollar. Picture credit: Getty Images)

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