Swiss govt. ups financial sanctions on IranApril 18, 2012 - 15:48 AMT PanARMENIAN.Net - The Swiss government says it has extended financial sanctions against Iran by freezing assets of 11 more companies and people, AP reported. The Swiss Cabinet said Wednesday, April 18 the move against an additional eight companies and three individuals was carried out a day earlier and "brings Switzerland largely in line with the restrictive measures" the European Union adopted in January. The Swiss government has previously frozen Iranian accounts in Switzerland because of UN sanctions imposed on the Islamic Republic over its nuclear program. Swiss banks have repeatedly been accused of allowing firms and individuals close to the Iranian government to conduct business through Swiss accounts. Swiss officials say they will decide later whether to ban imports of Iranian oil. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Director General of Ucom takes part in recruiting conference Ralph Yirikian participated in the Recruit Days business and networking conference organized by Move2Career. Ameriabank named Best Bank in Armenia for 2024 by Global Finance Ameriabank has been named the Best Bank in Armenia by Global Finance magazine in its 31st annual awards. Armenia to participate in key EU meeting for the first time ever National Assembly speaker Alen Simonyan has said that Armenia will for the first time participate in the Conference. Lavrov rejects Armenia’s “defamation” of Russia, CSTO Lavrov decried the Armenian leaders’ “defamation” of Russian soldiers and border guards deployed in Armenia. |