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EU tightens sanctions on Iran
 

The European Union on Monday passed a raft of tough new sanctions against Iran, barring trade in the finance, metals, and natural gas industries. In a joint statement, EU foreign ministers expressed "serious and deepening concerns over Iran's nuclear program," which many suspect is an attempt by Tehran to build an atomic bomb. Iran's economic isolation has already crippled its export industry and badly degraded the value of its currency, leading to street protests in early October.

 

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