Middle East
Iran proposes to reopen nuclear talks
Iran has proposed to reopen negotiations about its controversial nuclear programme with the US, Russia, China, Britain, France and Germany. The invitation by Iran's chief nuclear negotiator, Saeed Jalili, comes in the wake of new sanctions recently imposed by the UN over Tehran's uranium enrichment programme. The last round of talks between Iran and the five permanent members of the UN security council and Germany - held in Istanbul in January - ended in failure
Obama signs into law bill imposing Iran banking sanctions
U.S. President Barack Obama signed a sweeping 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 U.S. military's authority over terrorism suspects and limit his powers in foreign affairs.
Despite sanctions, Iran has billions stashed away in European banks: EU advisor
Earlier this week, an EU economic advisor said the Islamic republic still has several billions in euros stashed away in European banks despite of a dispute between Western powers over Iran s nuclear program. Mehrdad Emadi was responding to comments published in Iran s semi-official Fars news agency quoting central bank officials stating that Iran had withdrawn all of its money from European banks after the EU adopted a new round of sanctions targeting the country s oil industry.
US warns Iran against closing oil route
The US has strongly warned Iran against closing a vital Gulf waterway, after Iran threatened to choke off traffic through the Strait of Hormuz if the US imposes sanctions targeting the country's crude exports. The increasingly heated exchange raises new tensions in a standoff that has the potential to prompt military reprisals and push up oil prices to levels harmful to an already fragile global economy.
Iran to ‘block’ Gulf oil if sanctions proceed
No oil will be allowed to pass through the Strait of Hormuz if the West applies sanctions on Iran's oil exports, Iranian Vice President Mohammad Reza Rahimi has warned. The threat was reported on Tuesday by the state news agency IRNA as Iran conducted its fourth day of naval drills near the Strait of Hormuz, at the entrance to the oil-rich Arabian Gulf.
Saudi would replace Iran crude if EU embargoes-sources
Top oil exporter Saudi Arabia and other Gulf OPEC states are ready to replace Iranian oil if further sanctions halt Iranian crude exports to Europe, industry sources said on Tuesday. Iran's Oil Minister Rostam Qasemi had said that Saudi Arabia had promised not to replace Iranian crude if sanctions are imposed.
Iran bans opening LCs for UAE imports
The winners and losers of US policy on Iran
In the same week that President Obama declared an end to the Iraq War, Congress brought Americans closer to confrontation with Iran. The whimper with which America's presence in Iraq ended was also drowned out by Republican presidential hopefuls beating war drums. This is America nearly four years into Obama's leadership. The President may have begun his term by trying to pursue a different path with Iran, but his acquiescence to domestic lobbying has made the results of his policies indistinguishable from his predecessor. Ironically, his attempts to appease pro-Israel advocates have only invited more onerous demands while leaving would-be supporters disillusioned.
Rome meeting analyses Iran oil embargo
Diplomats from a so-called "group of like-minded nations" met in Rome on Tuesday to discuss further sanctions against Iran, diplomatic sources said. The closed-door meeting is taking place under the auspices of the Italian foreign ministry and participants considered it a "technical meeting," an Italian diplomatic source said.
Iran Has Only Six Months
While sanctions against Iran s central bank - an idea that has already reverberated through the country s economic sector - have not yet been signed by the US president, a review of the Iranian media indicates the constrains that exist in debating this issue. To clarify the meaning and consequences of sanctioning the central bank, Rooz interviewed two prominent economy specialist in Tehran, Mohammad-Reza Behzadian and Kamal Athari. Behzadian believes that while such sanctions cannot take place against Iran right now, they can within the next six months if Iraqi, Saudi and Libyan oil make up Iran's absence from the oil market. Behzadian who is associated with reformers ran in the Tehran s chamber of commerce elections with the slogan of 'change' and claims to have unlodged the body from its conservative elements such as Ali Naghi Khamushi, Mir-Mohammad Sadeghi and Asadollah Asqar-Owladi. Read on for the details.
US sanctions 2 Iran military figures for rights abuses
Ineffective tightening of sanctions on Iran
There is a long record of the grim effects of sanctions in international struggles against those states deemed as "rogue". Sanctions are seen as righteous instruments, a non-violent way to pressure problematic regimes to change. But when you really don't care about a country or its people, then your true attitudes emerge in the way in which you use the sanctions instrument of policy.
EU leaders call for more sanctions on Iran
European Union leaders called on Friday for more sanctions against Iran by the end of January, in an effort to increase pressure on Tehran over its nuclear programme. The leaders did not make an explicit call for an embargo on Iranian crude oil, which EU diplomats have been discussing this month as a way to respond to mounting concerns that the OPEC producer has worked to design a nuclear weapon.
Lucrative Surveillance Market Fed By Desire To Hunt Down Dissidents
Reporters Without Borders reiterates its condemnation of the criminal cooperation between western hi-tech companies and authoritarian regimes, which is receiving renewed attention after the WikiLeaks website Thursday posted the "SpyFiles", a series of documents shedding light on the scale of the 5-billion-dollar international market in mass surveillance and interception. ---- Chris Smith, a Republican member of the US House of Representatives, is currently preparing a new version of his proposed Global Online Freedom Act (GOFA), which would ban the export of these technologies to countries such as Syria and Iran that restrict online free expression and target dissidents.
Iran sanctions pose legal conundrum for expats
Iranian expatriates living in the United States, of whom a vast majority oppose the Ayatollah regime in Tehran, have recently become entangled in criminal investigations due to new embargo laws against the Islamic Republic. The sanctions, meant to pressure Tehran into calling off its nuclear program, have effectively prevented the import or export of any merchandise or capital from and to Iran.
US Senate passes sanctions on Iran central bank
The US Senate has unanimously approved economic sanctions on Iran targeting the country's oil industry, despite warnings the move could backfire. The measures, passed by 100 votes to nil, would ban foreign firms from doing business with the Iranian central bank. Before it can become law, it must be approved by the House and President Barack Obama, who is sceptical.
Why the Concern Over the March Elections
Speaking at a seminar for public, revolutionary and military prosecutors on March 2 of this year, cleric Hossein Taeb said, "In addition to military and diplomatic measures, the Americans have devised three domestic plans to contain and control. Their hopes have been to get results by linking the (international) sanctions to the (domestic) targeted subsidies. But they failed. For this year, their plan is to first link the sanctions to the next round of targeted subsidies and thus create a new round of chaos. At the same time they want to increase the security threats and keep us engaged in greater security and law enforcement activities and thus exhaust ourselves. And (finally when the election time comes) then plan to launch their "velvet revolution."
The banking ban behind the attack on the British embassy in Iran
Militants have stormed the British embassy in Tehran, burning the British flag and replacing it with the flag of the Islamic Republic. Fars News Agency, which describes the attack as "spontaneous", says more than 1,000 students were involved. There are reports also of documents being seized, from both the British embassy and the British Council. In their statement, the students call for the breaking of all relations with the UK.
Iran parliament votes to downgrade relations with UK
U.S. Treasury to brief UAE, Israel on Iran pressure
The U.S. Treasury will send its top national security official to the United Arab Emirates and Israel this weekend to brief government officials on new U.S. actions to increase financial pressure on Iran. The Treasury said David Cohen, undersecretary for terrorism and financial intelligence, will discuss the Obama administration's decision to declare Iran a jurisdiction of "primary money laundering concern" during the Nov. 26-29 trip.
China says it opposes Western sanctions on Iran
China's Foreign Ministry on Wednesday said it opposes unilateral sanctions against Iran,days after several Western countries announced new measures against Tehran to halt its nuclear program. The United States, Britain and Canada announced new measures against Iran's energy and financial sectors on Monday and France proposed "unprecedented" new sanctions, including freezing the assets of its central bank and suspending purchases of its oil.
Iran Says Needs to Spend $50 Billion a Year to Keep Oil Output
Iran needs to invest as much as $50 billion a year in its oil industry to maintain its position as OPEC s second-largest crude exporter and boost natural gas production, Oil Minister Rostam Qasemi said. Qasemi's comments today published in the state-run Fars news agency came two days after the U.S. and its allies expanded sanctions against Iran in an effort to thwart the country's controversial nuclear program.
Iran: New Western nuclear sanctions ‘in vain’
Iran has dismissed new Western sanctions imposed against it because of growing concerns about its nuclear programme. A senior Iranian official said the sanctions would unite the Iranian people, would have no impact and would be "in vain". On Monday, the US, UK and Canada announced new measures targeting Iran.
UK severs ties with Iranian banks
The UK has imposed new sanctions against Iran which will cut off all financial ties with Iranian banks. It follows the International Atomic Energy Agency's report on Iran and concerns about its nuclear programme. From 1500 GMT on Monday, all UK credit and financial institutions are required to cease all transactions with banks including the Central Bank of Iran.
Iran Stays Away From Nuclear Talks
The United States and its allies are rolling out a new set of sanctions against Iran on Monday, with the country s central bank and petrochemical industry as targets. The move tightened the vise on Tehran after a United Nations report on its nuclear activities, but demonstrated the continued limitations to international pressure.
The bomb will not save Iran from its deepening isolation
A harsher option put forward by Washington hardliners, to destroy the Iranian economy by enforcing a boycott of the Iranian central bank, is fraught with danger. It would cripple Iranian crude exports, drive up oil prices in an already tight market, and perhaps deliver the death blow to hopes of global economic revival.
China Iran’s New Best Friend
Following this week's International Atomic Energy Agency (IAEA) report concluding that Tehran appears to be well on its way to developing the possibility of manufacturing a nuclear weapon, the next step for world powers is to seek tougher sanctions in the United Nations Security Council. But meaningful restrictive measures are not likely to happen, say many analysts, considering China's close relationship with Iran, in part to satisfy China's great thirst for oil. Today, Chinese and Russian diplomats announced that they believe no new sanctions on Iran are necessary.
Nuclear Smuggler Or Kidnapped Iranian Businessman
How to overthrow Iran’s regime without war or sanctions
Russia rules out new Iran sanctions over nuclear report
Who’s in favour of sanctioning Iran
The loudest, most influential organisations pushing for sanctions against Iran have an open pro-Israel agenda, regardless of their positioning on the political spectrum. The best resourced of all is the American Israel Public Affairs Committee (AIPAC), self-described as "the most influential foreign policy lobbying organisation on Capitol Hill". AIPAC lobbied aggressively for the recent bellicose bill proposals, featuring them and its lead sponsors on the front page of its website. Sanctions are "having an impact" and "more are needed", the accompanying captions read. AIPAC is also a key backer of the push to sanction Iran's central bank, a move that some Iranian officials consider an act of war.
U.S. Keeps Focus On Sanctions For Iran, Amid Speculation Over Israeli Strike
Iranian student activists write letter to Obama on anniversary of embassy hostage-taking
On the occasion of 13 Aban (November 4th, the anniversary of the hostage-taking of the American embassy in Iran), a group of current and former Iranian student activists have written a letter to Amerrican president Barack Obama. In the letter, the students stress the importance of sanctioning the Iranian authorities.
Iran’s economy minister survives vote
Iran's economy minister has survived an impeachment vote in parliament after appeals by the president, Mahmoud Ahmadinejad, to keep the government intact despite anger over a major banking scandal. Parliament members voted 141-93 on Tuesday to keep Shamsoddin Hosseini, who has been accused of failing to take action after learning of the alleged $2.6bn bank fraud. Ahmadinejad, who had been called to the parliament for questioning, said that dismissing Hosseini would be a setback for Iran's efforts to fight international sanctions over its nuclear programme.
Video Interview: Hillary Clinton with BBC Persian – The Unfortunate Decision of the Green Movement
Washington Should Not Let the New Iran Crisis Go to Waste
Thus, the Obama White House has brought more pressure to bear on Iran than any other administration in the past three decades. As a Nobel peace laureate, President Obama should do everything in his power to avoid another unnecessary war. If the president continues to substitute and not complement diplomacy with sanctions, he is further marching down the road towards the inevitable worst outcome.
Iran could make atom bomb material despite hurdles
Sanctions and scandal hit Iranian steel
Analysts warn that international sanctions are not the only reason for missing development plans and failing to attract investment. "Mismanagement is more to be blamed than sanctions when you see how slow the progress was even before the sanctions," says one steel market analyst, who asked not to be named.
Complex geopolitical relations between America and Iran
In theory, America and Iran are meant to be natural enemies, however, their relationship is very complex and sometimes both nations share a common vision in the realm of geopolitics. Yet to the outside world both nations do not trust each other and this is based on so-called tension and mutual loathing. However, do both nations really hate each other or are quotes taken out of context or do they have cultural meanings?
EU moves towards further sanctions on Syria, Iran
Economic Sanctions On Iran Haven’t Been Enough
EU says Iran must meet global demands before sanctions are lifted
JPMorgan fined for contravening Iran, Cuba sanctions
Belarus company withdraws from Iran oil field -agency
Belarus company withdraws from Iran oil field -agency
US Senators urge sanctions on Iran finances
British Companies Trading With Iran Hidden by U.K. to Avert U.S. Sanctions
The march toward a nuclear Iran
For years it was assumed that economic sanctions and diplomacy would produce a pliable negotiating partner in Iran. But Iran s truculence has effectively undermined the once-popular notion, while a degree of confusion and consternation has gripped the international community. The often-unstated hope is that denial of critical technologies and sabotage can slow the Islamic Republic s nuclear program until, somehow, an alternative strategy, or an agreement, emerges.
Iran Makes Itself More Vulnerable to Outside Pressure
Tehran distributed a sixth installment of cash payments to 73 million Iranians in lieu of subsidies on fuel, natural gas, electricity, and essential items such as bread. Having done the easy part of its subsidy reform -- sending out checks to compensate for price increases -- the regime must now do the hard part: raise the money to pay for those checks and find a way to help businesses badly hit by the higher prices. Tehran should be able to meet that challenge as long as its oil income remains high, but if oil prices drop or sanctions impede financial flows, it could face serious problems.
Iran Makes Itself More Vulnerable to Outside Pressure
Tehran distributed a sixth installment of cash payments to 73 million Iranians in lieu of subsidies on fuel, natural gas, electricity, and essential items such as bread. Having done the easy part of its subsidy reform -- sending out checks to compensate for price increases -- the regime must now do the hard part: raise the money to pay for those checks and find a way to help businesses badly hit by the higher prices. Tehran should be able to meet that challenge as long as its oil income remains high, but if oil prices drop or sanctions impede financial flows, it could face serious problems.
Why Ahmadinejad isn’t on his way out
There has been much dancing on the grave of Iranian President Mahmud Ahmadinejad. After his unnerving re-election two years ago in a disputed and bloody vote, Ahmadinejad's many critics abroad and at home have savored the thorough political beating he has suffered over the last few months by Iran's real power, Supreme Leader Ali Khamenei . Yet there are signs that Ahmadinejad is not a spent force just yet. This wily survivor is in the midst of renewing himself. His prime weapon has been a combination of oil supplicance and oil populism.
Treasury Accuses Iran of Aiding Al Qaeda
China and Iran plan oil barter
Sanctions aren’t slowing Iran’s nuclear progress
ACCORDING TO a recent story in The Post, the Obama administration is quietly toasting the success of international sanctions against Iran. The Islamic republic is having increasing difficulty arranging imports, including food, and the central bank is reportedly short of hard currency. Billions of dollars in foreign investment projects have been canceled, and few banks, insurance companies or shipping firms are willing to do business with Tehran.
Sanctions Spark Iran Currency Fluctuations
Over the past decade, Iran's central bank, which channels more than 90 per cent of hard currency into the local market, has employed a managed float system to support a single rate against hard currencies, notably the US dollar. Usually when the rial shows signs of weakening the bank pumps foreign currency into the market to bring rates down. But sometimes the authorities choose to weaken the national currency intentionally by withholding the supply of hard currency to earn more rial-denominated income when the government faces a budget deficit.
Iran sees trade booming despite sanctions
Japanese Crane Manufacturer Cuts Ties With Iran
The Iranian Embassy in Canada Should be Shut Down!
In Iran, sanctions aim at shipping lifeline
On June 30, the Danish shipping giant Maersk startled Iran's trade officials by abruptly pulling out of the country's three largest ports. Company officials said little about the decision, but the timing was striking: A week earlier, the Obama administration had declared the ports operator to be an arm of Iran's Revolutionary Guard Corps, a group linked to terrorism and weapons trafficking.
Three men accused of exporting nuclear technology to Iran
EU targets Iran for supporting Syrian protest crackdown
Vitol to resume Caspian oil swaps with Iran
Saudi Suggests ‘Squeezing’ Iran Over Nuclear Ambitions
Iran Imports Gasoline From Asia-Pacific Region, Oil Daily Says
US hits Iranian security forces for rights abuses
Grounding Iranian Crude to a Halt
Obama New sanctions against Iran may be coming
Inquiry on Israeli boats in Iran port
An Israeli parliamentary committee will launch an investigation today into how a local shipping company blacklisted last week by the US State Department managed to trade with Iran in possible breach of Israeli law and international sanctions. According to the international shipping database Equasis, at least 13 ships owned by Israel's Ofer Group - owned by the colourful brothers Sammy and Yuli Ofer - have anchored in Iran over the past 10 years
More vigilance on Iran
There is a man-bites-dog quality to the imposition of American penalties on an Israeli conglomerate last week for allegedly selling an oil tanker to Iran. Bigger deals with Iran have been exposed, but what sets this apart is the Israeli connection. Since international sanctions target Iranian nuclear ambitions - which foremost constitute an existential danger to Israel - it s naturally unexpected and entirely more incongruous to find Israelis dealing with Iran than to find nationals of other countries.
German-based bank tied to Iran defies closure order
The Hamburg-based bank Europ isch- Iranische Handelsbank (EIH) defiantly announced on its website that it will not have to 'discontinue its operations.' According to a report in the German-language edition of the Financial Times on Thursday, EIH will mount a legal challenge to the European Union decision to sanction its operations because of its involvement in Iran s nuclear-proliferation program.
Iran’s Syria Strategy: Heavy Meddle
A top commander of the Quds Force of Iran's Islamic Revolutionary Guards Corps, Chizari was hit with sanctions last week by the Obama administration. Given his nationality, one might assume that he was sanctioned in relation to the Iranian regime's nuclear pursuits or its crackdown on dissidents. In fact, Chizari, the Quds Force Chief Qasem Soleimani, and the organization itself were targeted for abetting oppression somewhere else: Syria.
Sarkozy says more sanctions on Iran to come
EU sharply expands sanctions against Iran
House goes first with new Iran sanctions bill
Iran’s nuclear program still trying to overcome international sanctions
US sanctions czar to press allies on Libya, Iran
U.S. Presses Germany to Block Indian Payments to Iran
Austria’s OMV ends Iran Air fuel contract
Oil and gas group OMV has not renewed a fuel supply contract with Iran's state airline because of international sanctions against the Islamic Republic, an Austrian newspaper reported. The move means Iran Air planes can no longer fill up at Vienna airport, the Wiener Zeitung reported in its weekend edition. The contract expired on March 23, it said.
EU considering sanctions against 80 Iranian officials
The European Union is considering imposing sanctions on 80 Iranian officials involved in human rights violations, the International Campaign for Human Rights reports. The list includes members of the police and paramilitary forces, prison officials, prosecutors, judges and other officials involved in violating human rights and allegations of torture and death of dissidents.
Senators accuse China of violating sanctions against Iran
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