[Reuters] The U.S. House of Representatives on Wednesday approved, by a vote of 414-6, legislation that gives state and local governments, and educational institutions, the authority to divest their assets, or prohibit investing their assets, in any company that invests more than $20 million in Iran's energy sector; provides crude oil or liquefied natural gas tankers or builds pipelines for Iran; or is a financial institution that extends $20 million in credit to invest in Iran's energy sector.
2009-10-15 06:00:00Full ArticleBACK Visit the Daily Alert Archive