The Latest from Iran (12 November): Protesting (Clothes Optional)
Friday, November 12, 2010 at 8:25
1935 GMT: Sanctions Watch. Al-Rai newspaper claims, citing a central bank circular, that Kuwait has asked Gulf emirate banks, investment companies, and money exchange firms to start implementing United Nations sanctions against Iran.
The instructions call for the freezing of assets and financial resources related to “Iran’s sensitive nuclear programmes or activities”. The circular bans the opening of branches or representative offices for Iranian banks in Kuwait and forbids Kuwaiti financial institutions from opening offices or accounts in Iran.
1830 GMT: Really, It's Coming. Yet another declaration, after weeks of delays, that the government's subsidy cuts programme is going to be implemented: according to Mehr, new energy prices will be announced within days.