Iran is Defiant at New US Sanctions

Iran has responded defiantly to new sanctions imposed by the US targeting Iran's Islamic Revolution Guards Corps and three state owned banks. The Iranian foreign ministry said the sanctions were doomed to failure. But US Secretary of State Condoleezza Rice says the measures are to confront the threatening behavior of the Iranians. Something had to be done since the insisted on continuing with their nuclear plans. I guess we will see in the future how it works out.