US urges EU action to overcome Iran sanctions court appeals

BRUSSELS: The United States is concerned Iranian appeals to European courts could loosen sanctions against Tehran, said a State Department official on Monday who urged the EU to urgently find a way to allow judges to examine secret intelligence evidence.

Global clearinghouse ready to evict Iranian banks

BRUSSELS (AP) — A financial clearinghouse used by virtually every country and major corporation in the world agreed Friday to shut out Iran from its respected network, an unprecedented escalation of global economic pressure to halt Iran's suspected drive for nuclear weapons.