RealNews

U.S. Eases Restrictions on Helping Iran

The Bush administration is easing restrictions on exports and private assistance to Iran in response to the country’s devastating earthquake.

“At this time of great emergency we must do everything we can to help people in desperate need,” Secretary of State Colin Powell said Wednesday. Blanket licenses are being issued to permit American firms and individuals to transfer funds to Iran to be used in relief and reconstruction programs, the Treasury Department’s Office of Foreign Assets Control announced. Full Story

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