The European Central Bank is under pressure from US lawmakers over financial relations with the Iran. The legislators are masterminding a bill aimed at preventing the ECB doing any business with Tehran and keeping it from using the euro. The measure is more pressure by the US over Iran’s nuclear program. The draft is believed to be targeting the ECB’s cross-border payment system Target2,... 

Australian Foreign Minister Bob Carr Australia has expanded the economic sanctions against Iran over the country’s nuclear energy program. In a statement on Thursday, Australian Foreign Minister Bob Carr said that the new sanctions target Iran’s financial, trade, energy and transport sectors, the Associated Press reported. Carr claimed that the sanctions aim to mount pressure on Iran over its nuclear... 

The IAEA delegation holding talks in Tehran hopes to finally inspect the Parchin military base, where Iran has allegedly tested elements of its nuclear program. Tehran has refused all previous attempts by the IAEA to get inside the compound. ­The top item on the agenda for the UN nuclear watchdog’s delegation that arrived in Tehran for talks early Thursday is getting access to the Parchin military... 

But Obama’s own administration and the entire intelligence community believe Iran is not weaponizing. President Obama on Saturday claimed Iran’s nuclear program is a “grave concern” for world leaders, and said the U.S. and its allies were prepared to heap yet more sanctions on the country. Iran’s “continuing violation of international rules and norms and inability thus far to convince... 

Israeli Prime Minister Benjamin Netanyahu and US President Barack Obama are to meet in Washington on March 5 to discuss Iran’s nuclear program. Despite the recent US and Israeli hype created around Iran’s nuclear program, a report by American intelligence agencies indicates that Tehran is not seeking to build nuclear weapons. The most recent report on Iran’s nuclear program “represents the... 

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