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| Syria-Lebanon-Iran |
| US hits Iran’s entire financial sector with sanctions |
| 2020-10-09 |
[IsraelTimes] Move introduces penalties for non-Iranian institutions that work with banks in the Islamic Theocratic Republic, effectively cutting them off from the international financial system. The Trump administration has blacklisted virtually all of Iran’s financial sector, dealing another blow to an economy that is already reeling under US sanctions. The move will deepen tensions with European nations and others over Iran. Thursday’s move hits 18 Iranian banks that had thus far escaped the bulk of re-imposed US sanctions and, more importantly, subjects foreign, non-Iranian financial institutions to penalties for doing business with them. Thus, it effectively cuts them off from the international financial system. |
| Posted by:trailing wife |
| #4 Not sure where it is written in stone that the US has the say-so on who gets nukes and who doesn't, especially from the only country to use them. Twice. Cuban embargo is dumb from a purely economic standpoint. |
| Posted by: Clem 2020-10-09 23:11 |
| #3 Access to the financial market with dollars funds Iranian terror from Iraq to Lebanon. Will it bring down the regime? Most likely not. Will it put a lot of terrorists on a shoestring? Yes. Will Israel kill these idiots easier now? Yes. |
| Posted by: DarthVader 2020-10-09 22:21 |
| #2 See any nuke reactors for weapons/ICBM development/terrorist financing from Cuba? |
| Posted by: Frank G 2020-10-09 20:42 |
| #1 Sanctions/Embargo did such a good job with Cuba, I mean, 60 years later, and.... |
| Posted by: Clem 2020-10-09 18:45 |