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Elizabeth Palmer continued her reporting from Teheran on CBS. On Tuesday Palmer went clothes shopping to check out the religious police's dress code for women. Next she visited Iran's financial center to inquire whether international sanctions to pressure Iran to curb its uranium enrichment were effective. The answer appears to be in the affirmative. Palmer found prices at the Teheran Stock Exchange in a two-year "plummet," business activity in a "big chill," Bank Sepah, with strong links to Iran's Revolutionary Guard, unable to process routine international transactions and inflation accelerating for consumers. Yet President Mahmoud Ahmadinejad remains unmoved. He announced he will not relinquish his nuclear ambitions, even if sanctions are intensified.
