RealNews

U.S. Plans New Tool to Halt Spread Of Weapons

The Bush administration is planning new measures that would target the U.S. assets of anyone conducting business with a handful of Iranian, North Korean and Syrian companies believed by Washington to be involved in weapons programs, U.S. officials said yesterday. The latest action is outlined in a draft executive order administration officials are hoping President Bush will sign before attending the Group of Eight summit in Scotland on Saturday. Officials who agreed to discuss the details only on the condition of anonymity said that the order’s success would rely heavily on U.S. intelligence and that it is modeled in part on measures the government took against al Qaeda’s finances shortly after the terrorist strikes of Sept. 11, 2001.Full Story

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