Iranian Nuclear Standoff: Escalation of More Sever Sanctions Against Iran Is Working

The latest severe sanction against Iran by the US, Canada and EU that is designed to cripple the Iranians and stop them from trading and blocking all the transactions to and from Iran seems to be very effective and working.

Reuters: Payments system SWIFT to expel Iranian banks Saturday

"(Reuters) - The world's biggest electronic payment system on Saturday will cut off Iranian banks blacklisted by the European Union in an attempt to further strangle Tehran's ability to finance a nuclear program."

Source: http://www.reuters.com/article/2012/03/15/us-nuclear-iran-idUSBRE82E15M20120315