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OffbeatIran: New sanctions ‘have had no impact on our economy’

17:30  10 november  2018
17:30  10 november  2018 Source:   thehill.com

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Iranian President Hassan Rouhani said Saturday that newly imposed U. S . sanctions targeting Iran ’ s shipping, shipbuilding and financial sectors will not impact the country' s economy since the White House had already applied extensive sanctions on the Islamic republic. “The sanctions have had

The US has slapped a raft of new sanctions on Iran over its nuclear weapons programme, claiming But the UN has asserted that the decision is not up to Washington, and the European powers have “ Our actions today are a warning that should be heard worldwide. No matter who you are if you ignore

Iran: New sanctions ‘have had no impact on our economy’© Getty Images Iran: New sanctions ‘have had no impact on our economy’ Iranian President Hassan Rouhani said Saturday that newly imposed U.S. sanctions targeting Iran's shipping, shipbuilding and financial sectors will not impact the country's economy since the White House had already applied extensive sanctions on the Islamic republic.

"The sanctions have had no impact on our economy because America had already used all the weapons at its disposal and there was nothing new to use against us," Rouhani said in remarks carried live on state television, according to Reuters.

"They just issued a long list of banks, their branches ... and airlines and their planes. And this shows that they are merely trying to affect the Iranian nation psychologically," he added.

Trump re-imposes Iran sanctions: Now what?

Trump re-imposes Iran sanctions: Now what? The re-imposition of the full panoply of sanctions against Iran that were waived under the Joint Comprehensive Plan of Action (JCPOA) nuclear agreement marks a high-point for President Donald Trump's foreign policy.

Over the years, sanctions have taken a serious toll on Iran ' s economy and people. Since 1979, the United States has led international efforts to use sanctions to influence Iran ' s policies,[4] including Iran ' s uranium enrichment program, which Western governments fear is intended for developing the

"The sanctions have had no impact on our economy because America had already used all the weapons at its disposal and there was nothing new to use against us "It has now become clear that America cannot cut Iran ' s oil exports to zero," Rouhani added, speaking after a weekly meeting with

The sanctions imposed Monday are the final round to be reinstated following President Trump's withdrawal from the Obama-era nuclear deal with Iran, which gave the country billions of dollars in sanctions relief in exchange for limits on its nuclear program.

The agreement was reached between the United States, Germany, the United Kingdom, France, China and Russia with Iran.

The White House has said it will temporarily allow eight importers of Iranian oil to continue such trade.

"It has now become clear that America cannot cut Iran's oil exports to zero," Rouhani said.

The sanctions are intended to curb Iran's nuclear and missile programs as well as its funding of proxy forces in Syria, Lebanon, Yemen and other areas across the Middle East.

"This part of the campaign about which we're speaking today is simple: It is aimed at depriving the regime of the revenues that it uses to spread death and destruction around the world," Secretary of State Mike Pompeo said on a conference call with reporters.

Mnuchin says Iran's Central Bank to be cut off from global system.
Treasury Secretary Steven Mnuchin said Thursday that the financial messaging service that moves money around the global banking system will be cutting off Iran's Central Bank. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); "I understand that SWIFT will be discontinuing service to the Central Bank of Iran and designated Iranian financial institutions," Mnuchin said in a tweet. "SWIFT is making the right decision to protect the integrity of the international financial system.

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