AIRLINK 80.75 Increased By ▲ 1.34 (1.69%)
BOP 5.29 Decreased By ▼ -0.04 (-0.75%)
CNERGY 4.56 Increased By ▲ 0.18 (4.11%)
DFML 34.80 Increased By ▲ 1.61 (4.85%)
DGKC 77.40 Increased By ▲ 0.53 (0.69%)
FCCL 20.67 Increased By ▲ 0.14 (0.68%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.66 Decreased By ▼ -0.19 (-1.93%)
GGL 10.19 Decreased By ▼ -0.06 (-0.59%)
HBL 117.01 Decreased By ▼ -0.92 (-0.78%)
HUBC 136.20 Increased By ▲ 2.10 (1.57%)
HUMNL 6.97 Decreased By ▼ -0.03 (-0.43%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.57 Decreased By ▼ -0.17 (-3.59%)
MLCF 37.65 Increased By ▲ 0.21 (0.56%)
OGDC 137.00 Increased By ▲ 0.30 (0.22%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.66 Increased By ▲ 0.11 (0.41%)
PIBTL 6.81 Decreased By ▼ -0.19 (-2.71%)
PPL 113.91 Increased By ▲ 0.16 (0.14%)
PRL 27.41 Decreased By ▼ -0.11 (-0.4%)
PTC 14.49 Decreased By ▼ -0.26 (-1.76%)
SEARL 57.21 Increased By ▲ 0.01 (0.02%)
SNGP 66.68 Decreased By ▼ -0.82 (-1.21%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.19 Decreased By ▼ -0.04 (-0.43%)
TPLP 11.59 Increased By ▲ 0.03 (0.26%)
TRG 70.65 Decreased By ▼ -1.45 (-2.01%)
UNITY 25.41 Increased By ▲ 0.59 (2.38%)
WTL 1.34 Decreased By ▼ -0.06 (-4.29%)
BR100 7,618 Increased By 92.6 (1.23%)
BR30 24,752 Increased By 102.4 (0.42%)
KSE100 72,616 Increased By 644.8 (0.9%)
KSE30 24,013 Increased By 264 (1.11%)

 HONOLULU: President Barack Obama signed a sweeping US defense funding bill on Saturday that includes new sanctions on financial institutions dealing with Iran's central bank, but cited concerns about sections that expand the US military's authority over terrorism suspects and limit his powers in foreign affairs.

"The fact that I support this bill as a whole does not mean I agree with everything in it," Obama said in a statement, citing limits on transferring detainees from the US base at Guantanamo Bay, Cuba, and requirements he notify Congress before sharing some defense missile information with Russia as problematic.

The bill, approved by Congress last week, aims with its Iran sanctions to reduce Tehran's oil revenues but gives the US president powers to waive penalties as required. Senior US officials said Washington was engaging with its foreign partners to ensure the sanctions can work without harming global energy markets, and stressed the US strategy for engaging with Iran was unchanged by the bill.

Copyright Reuters, 2011

Comments

Comments are closed.