New U.N. sanctions against Iran

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The U.N. Security Council stepped up sanctions aimed at curbing Iran’s nuclear program.

By a vote of 14 in favor and one abstention, the Security Council decided Monday to impose a third round of sanctions against Tehran, including financial blacklisting and an expanded ban on selling technologies to Iran that could be used for military projects.

Israel welcomed the escalation in diplomatic pressure, voicing hope that it would succeed in getting Iran to abandon its uranium enrichment efforts.

“The third Security Council resolution is another key step manifesting the understanding that the international community must not give up and stand idly by as Iran tries to become a nuclear-armed power,” Foreign Minister Tzipi Livni said in a statement.

“Any additional decision by any nation, company or group will contribute to the mass of sanctions required to stop Iran.”

Iran defied the two previous sanctions resolutions, in 2006 and 2007, though independent analysts said its economy was hit hard by the measures.

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