US moves toward designating Iranian Revolutionary Guard a terrorist group

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WASHINGTON, AUG 15 (AP): The United States is moving toward blacklisting Iran's Revolutionary Guard Corps as a "terrorist" organisation, subjecting at least part of the entity to financial sanctions in a new move against the Islamic republic, a US official said Tuesday.
A decision has been made in principle to name elements of the corps a "specially designated global terrorist" group, but internal discussions continue over whether it should cover the entire unit or only its main military wing, the Al-Quds force, the official said.
The official spoke on condition of anonymity because a decision, which must be approved by Secretary of State Condoleezza Rice, has not yet been made. It was not immediately clear when the designation, first disclosed by The Washington Post, would be made public.
The Post, in a report published on its Web site Tuesday night, said the administration wants to announce the sanctions before the UN General Assembly meets next month in New York.
The official who spoke to The Associated Press said the timing had not been decided and could say only that "it's going to happen at some point." The "specially designated global terrorist" designation was created by President George W. Bush in 2001 as part of larger post-Sept. 11 measures to cut off funding for extremists.
The sanctions cut designees off from the US financial system and freeze any assets that it, its members or subsidiaries may have in US jurisdictions.