U S Pressure via Sanctions Targets Iran and North Korea
Frustrated by stalled diplomacy the Bush administration has pressed financial sanctions on Iran and North Korea. Treasury officials led by Henry Paulson persuaded global banks to cut access to the international financial system using terrorism and corruption as leverage, with banks acting from self interest more than policy goals.
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Iran
North Korea
Bush
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Henry Paulson
U.S
Private sector role eyed to curb Iran and Tehran risks
Officials cite the need to curb Iran in Pyongyang and Tehran while banks and firms face reputational hazards. Stuart Levey says private sector incentives should push toward avoiding bad conduct and boosting compliance, with banks and traders urged to distance themselves from illicit links.
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Rotary
Stuart Levey
Biden vows to oppose Iraq troop surge
Senate Foreign Relations Chairman Joseph Biden said he would oppose any Bush plan to increase U S troops in Iraq. He called for a drawdown, a political settlement among factions, and summoned Secretary Rice to testify next month. Biden aims to run for president and may raise funds in January.
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Iraq
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Bush rethinks Iraq course from Crawford ranch
President Bush traveled to his Texas ranch to review U S policy in Iraq while a Baghdad court upheld Saddam Hussein s death sentence. Deputy White House press secretary Stanzel praised the ruling as the Iraqi people move toward rule of law. Saddam faces execution within 30 days for the 1982 Dujail killings.
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Aref Shahin
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