Financial Times FT.com

Obama warns of Iran sanctions ‘within weeks’

SEOUL, Nov 19 - World powers could have a package of measures against Iran ”within weeks”, US President Barack Obama said on Thursday, warning Tehran of consequences for its failure to respond to an offer of a nuclear deal.

However, Iranian Foreign Minister Manouchehr Mottaki dismissed talk of further punitive sanctions, saying the West had learnt from past failures.

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