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Sanctions

Fear, Hate And Violence: The Human Cost Of US Sanctions On Iran

On August 23, 2018 the street price of 1 US$ in Iran was 110,000 Rial. Three months earlier the street price was 30,000 Rial.  In other words, the oranges you paid 30,000 Rials for three months ago may now cost you 110,000 Rials, an increase of 367%. Imagine what would happen in Detroit or Des Moines if the price of a half gallon of milk at Walmart jumped from $1.80 to $6.60 in the space if three months? People living in Iran don’t have to imagine what might happen. They’re living it. They know Trump’s sanctions will hurt. They’ve gone through this before. Under Obama’s sanctions the number of Iranian families living in poverty almost doubled.

US Pledges Billions In Aid To Limit Central American Migration

However, Trump’s threats to slash aid to the region if immigration was not contained have persistently raised doubts about how much the United States would stump up. The United States will spend billions of dollars in Central America and Mexico, as part of a plan to officially strengthen economic growth in the region but also aimed at deterring immigrants who want to travel to the United States as they are forced to flee poverty and violence, the U.S. and Mexican governments said on Tuesday. Mexican President Andres Manuel Lopez Obrador has been seeking to persuade U.S. counterpart Donald Trump to work with Mexico to develop Honduras, El Salvador and Guatemala, as well as Mexico’s poorer south to stem the flow of migrants and asylum-seekers.

Every Single Member Of US Congress Approved Crushing Sanctions On Nicaragua

GrayZone Project — Every single member in both chambers of the US Congress approved legislation that will impose sanctions and financial restrictions on Nicaragua in an explicit effort to weaken its government. Known as the NICA Act, the bill is now on its way to the desk of President Donald Trump, who will almost certainly sign it into law. Its passage was spearheaded by neoconservative lawmakers centered around the Miami lobby of right-wing Latin American exiles dedicated to eradicating any iteration of socialism in the Western hemisphere. The United States has spent decades trying to topple Nicaragua’s government, now led by the left-wing Sandinista movement.

Did Huawei Violate Iran Sanctions?

CFO Meng Wan Zhou was arrested supposedly for “violating Iran sanction”. This has to be the most grotesque distortion of justice. After all, the United States was the country which unilaterally pulled out in VIOLATION of an agreement they had solemnly signed with Iran alongside multiple nations under UN auspices earlier! In other words, the guy who broke a solemn promise made, violated the agreement; then made sanction an American domestic law, and is now force-feeding this draconian law arbitrarily upon the rest of the world by arresting someone who refuses to violate a UN-endorsed agreement!

China And Russia Look To Ditch Dollar With New Payments System In Move To Avoid Sanctions

China and Russia are drafting a pact to boost the use of their national currencies in bilateral and international trade, underscoring their intent to cut their reliance on the US dollar. The development of a new international financial payments system aims to address rising concerns over additional US sanctions and trade tariffs. Russian Prime Minister Dmitry Medvedev, during his visit to China earlier this month, said the two nations were discussing the launch of a new cross-border system for direct payment of trade invoices in the yuan and the rouble. He also said discussions were under way to allow the use of China’s UnionPay credit card in Russia and Russia’s Mir card in China.

US Threatens Sanctions On 13 Nations Considering Buying Half-Priced, More Effective Russian Weapons

Russia has been pitching a rival missile platform that costs half of those made by US companies, reports CNBC, which has resulted in several countries dealing with the Kremlin "despite the potential for blowback." The Russian S-400 mobile long-range surface-to-air missile system costs around $500 million, vs. the $1 billion price tag for a US-made Raytheon Patriot Pac-2 battery, while a THAAD battery made by Lockheed Martin costs just about $3 billion, according to people with first-hand knowledge of a US intelligence assessment. Nearly 13 countries have expressed interest in buying Russia's S-400, a move that could trigger potential U.S. sanctions under the Countering America's Adversaries Through Sanctions Act, which President Donald Trump signed in August 2017.

US Sanctions On China May Escalate To ‘Commercial Cold War,’ French Minister Warns

The ongoing trade conflict between Washington and Beijing may escalate into a full-fledged commercial cold war, French Finance Minister Bruno Le Maire warned during a World Trade Organization (WTO) conference. Speaking in Paris during an opening ceremony of a meeting on the future of the WTO, Le Maire branded the decision of US President Donald Trump to impose tariffs on Chinese goods as “stupid” and said European nations will not be collateral victims of the conflict. The French official called on the international trade arbiter to overcome a “consensus paralysis” that pesters its decision-making process and suggested the WTO should make fighting global climate change part of its agenda.

A Flawed American Sanctions Policy On Iran

The Trump Administration’s decision to reimpose sanctions on Iran is animated by a deeply flawed grasp of Iranian politics and an incoherent strategy, one that will not be realized by dreams of regime change in the country. Rather than force Iran’s capitulation in the coming months, the administration will confront a tumultuous regional and global map whose contours will be shaped by three intersecting waiting games: one played by the United States, another by the Islamic Republic, and a third by a group of countries seeking to sustain the 2015 Joint Comprehensive Plan of Action (JCPOA). While these competing moves play out, Iran will continue to try to shape the region’s geostrategic map in ways that will protect its basic interests.

US Has ‘Gone Rogue’ — Economist Tells RT About SWIFT’s Iran Cutoff

In pushing the SWIFT financial messaging system to exclude Iran, the US has “gone rogue,” economist Steve Keen told RT. SWIFT cut a raft of Iranian banks - including the country’s central bank - off from its system on Monday, having come under pressure from the US to do so. Treasury Secretary Steven Mnuchin said that the move is “the right decision to protect the integrity of the international financial system.” Prof. Keen, an economist at Kingston University, told RT that while the global economy is too big to be badly affected by the move, the exclusion of Iran “will emphasise the danger of using a single national currency as the means for international payments.”

SWIFT’s Iran Ban Will ‘Expedite Global De-Dollarization’

The blacklisting of Iran from international financial messaging system SWIFT serves as a warning to Washington’s enemies, but will hasten the demise of the dollar, stockbroker-turned broadcaster Max Keiser told RT. SWIFT, a system that facilitates cross-border payments between 11,000 financial institutions in more than 200 countries worldwide cut several Iranian banks, including the country’s central bank, off from its services on Monday. The move came as a result of US pressure and was described by US Treasury Secretary Steven Mnuchin as “the right decision to protect the integrity of the international financial system.”

Iran Sanctions: How Deep Will They Bite?

For anyone watching the Asian Football Confederation (AFC) Champions League final, hosted in Tehran’s Azadi stadium on Saturday, the only disappointment was the nil-nil score that denied Iran’s team first place in Asia. The stadium scene was energized by a musical performance similar to the half-time show of the U.S. Super Bowl as well as the cheers of 100,000 fans, including hundreds of women. This ebullience was in sharp contrast to the gloom elsewhere in Iran that has descended since the United States withdrew from the Iran nuclear accord (the Joint Comprehensive Program of Action or JCPOA) and re-imposed sanctions. In Iran, officials blame the sanctions for the economic crisis, while in the United States, officials blame the Iranian government.

Maduro: Venezuela Sitting On 2nd Biggest Gold Reserve On Earth

President Nicolas Maduro announced a new set of measures in the Venezuelan gold industry to combat the U.S. imposed sanctions, which he described as “crazy” and “criminal,” accusing the North American country of blocking, and raising the price of food and medicine imports into the country. The U.S. government announced a new set of sanctions against the Latin American country last week, potentially limiting their gold exports, as announced by the national security senior advisor John Bolton. The sanctions already prohibited institutions, business and anyone from giving any kind of financial support to the Bolivarian Revolution. Maduro answered Bolton’s comments during a televised speech, saying Venezuela is currently certifying 32 gold fields.

U.S. Sanctions On Iran: War In A Different Form

“Sanctions are coming / November 5th” reads the foreboding meme Donald Trump published earlier this week on Twitter. The picture used the trademark font and slogan of the Game of Thrones franchise to evoke support for the re-instatement of sanctions on Iran. Trump, as the graphic suggests, represents the honor-bound protagonist defending humanity against the greater ‘evil’: allegedly Iran. But what is hidden from this arrogant threat is the fact that it is U.S. imperialism which poses the threat of omnicide to the world. It is the U.S. that recently withdrew from the nuclear disarmament INF treaty, signaling to the world its re-commitment to a nuclear arms race. It is the U.S. that is the largest polluter in the world.

US Sanctions Cost Venezuela $6B Since August 2017, Sparking Humanitarian Catastrophe

United States sanctions against the Bolivarian Republic of Venezuela have cost the Latin American nation $6 billion since August of 2017, leaving the fate of healthcare and access to basic goods in jeopardy for millions of already struggling Venezuelans. As recently as early October, an anonymous source from the Trump administration told Reuters that “all options are on the table” in regard to even tighter sanctions against the country. This is part of a growing trend, as the Trump administration prepares to strengthen its attacks against socialist or left-leaning nations throughout Latin America. According to a report from Canadian analyst Joe Emersberger...

Venezuela Ditches Dollar After US Sanctions Hit Private Sector

Venezuela is replacing the dollar with the euro or yuan in its international business endeavors, Bolivarian Minister of Industries and National Production, Tareck El Aissami said Tuesday. The newest round of sanctions imposed by the United States against Venezuela is making international financial interactions impossible, Aissami said during a press conference with Calixto Ortega, the president of the Central Bank of Venezuela. International financial transactions using foreign currency were reportedly blocked, agroindustrial and pharmaceutical sectors said, showing that the U.S. financial sanctions have now extended to affect both the private and public sectors. From his personal Twitter account, Aissami said, “We have to generate new conditions to overcome these aggressions on the part of the governments of the USA...
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