Moscow - US President Barack Obama has extended a legal act that lists Russia, among 16 other states, as a national threat, and allows for the freezing and confiscation of assets in the US.
Russia, alongside Syria, Iran, North Korea, Belarus and other states, has been subjected to International Emergency Economic Powers Act (IEEPA) since 2000 due to its ability to export weapons-grade uranium.
IEEPA is a federal law authorising the US president to regulate commerce after declaring a national emergency in response to any unusual and extraordinary threat to the US that stems from a foreign source.
It authorises the president to block transactions and freeze assets to deal with the threat. In the event of an actual attack on the US, the president can also confiscate property connected with a country, group, or person that aided in the attack.
Some analysts believe IEEPA could become a US trump card in the situation around Syria.
| Other Articles: |
 |
Woman's head found in Canada park (18th Aug, 2012) |
|
Italy's macho soldiers asked to remove tattoos (18th Aug, 2012) |
|
'Grandparents' house' built in Italy (18th Aug, 2012) |
|
Pussy Riot members found guilty in Russia (18th Aug, 2012) |
|
Israel is cancerous tumour: Ahmadinejad (17th Aug, 2012) |
|
Jenny McCarthy splits from boyfriend (17th Aug, 2012) |
|
Three killed, 25 injured in Karachi blast (17th Aug, 2012) |
|
'India heading for Mars, doesn't need British aid money' (17th Aug, 2012) |
|
Japan releases Chinese activists as territorial row simmers (17th Aug, 2012) |
|
Cow urine products from India seized in Britain (17th Aug, 2012) |
|
Brothers reunited after 80 years (17th Aug, 2012) |
|
Disabled Bengali woman's marriage to be annulled (17th Aug, 2012) |
|
Asian jailed in Britain for framing innocent man (17th Aug, 2012) |
|
Kids don't want expensive pastime during holidays (17th Aug, 2012) |
|
Climate change forces mirgration of Australian tropical fish (17th Aug, 2012) |
|
Man jailed for beating dog to death (17th Aug, 2012) |
|
China to regulate bad behaviour, says no to spitting (17th Aug, 2012) |
|
What's your risk of developing kidney failure? (17th Aug, 2012) |
|
New tool can map birth, evolution of galaxies (17th Aug, 2012) |
|
Woman kills self over skin condition (17th Aug, 2012) |
|
Hormone free male pill closer to reality (17th Aug, 2012) |
|
First in Cambridge: Twins to study same subject (17th Aug, 2012) |
|
Key Taliban member calls for peace talks, end to Afghan war (17th Aug, 2012) |
|
Interior Ministry blames Pakistan embassy for mass deportation from Greece (17th Aug, 2012) |
|
Obama beats Romney hands down – even in fake Twitter followers! (17th Aug, 2012) |
|
Jobs |
Blog |
Yellow Pages |
Games |
Jokes |
Chat |
e-Cards |
Astrology |
Articles |
Recipes |
Send Gifts
Today : Sunday - May 19, 2013, 12:50pm (GMT+5.5)
