Vered Yitzchaki, Director-General of Prico Risk Management said, Friday, that the sanctions announced by the SWIFT financial clearing house on Iran banks, Thursday, will turn the Islamic Republic into a third-world country. 

Interviewed by Israel Defense Forces Radio, Yitzchaki said, "It's a very, verydrasticstepthat showsthat the United States andEuropeareverydetermined about the sanctions they areimposingonIran."She added that"there is no doubtthat Iranwill make calculationsregardingitsnuclear program."