US economic sanctions against Iran back in effect

Hassan Rouhani and Donald Trump

Hassan Rouhani and Donald Trump

U.S. secretary of state Mike Pompeo said sanctions are an important pillar in American policy toward Iran and will remain in place until the Iranian government radically changes course.

A second batch of USA sanctions targeting Iran's oil sector and central bank are to be reimposed in early November.

It is three months since Mr Trump pulled the United States out of the worldwide accord limiting Iran's nuclear activities.

"This is an indication of how strongly we feel that the Iranian nuclear weapons program, its ballistic missile program, it's support for terrorism, it's belligerent activity in the Middle East have to stop", Bolton said. But, he said, the reimposed sanctions would endanger "ordinary Iranians".

There have been ongoing rumours that Trump and Rouhani could meet in NY in September at the United Nations General Assembly - though Rouhani reportedly rejected U.S. overtures for a meeting at last year's event. European allies said they "deeply regret" the USA action.

However, he downplayed the possibility. "I think they are still bluffing", he said.

Iran accused the USA of reneging on the nuclear agreement, signed by the Obama administration, and of causing recent Iranian economic unrest.

The Full Details Of The Browns’ Corey Coleman Trade Are Out
Buffalo entered training camp with Kelvin Benjamin as its top receiver and questions down the rest of its depth chart. As for the Browns, they now have traded or released every first-round pick they drafted between 2009 and 2016.

"They've got to behave like a normal country".

He said that "there's no evidence today of a change in their behavior", and in the meantime "we're going to enforce the sanctions". The sanctions affect financial transactions that involve USA dollars, Iran's automotive sector, the purchase of commercial planes and metals including gold.

But Ali Vaez, the director of the Iran Project at the International Crisis Group, warned against inflating the impact of the new sanctions.

"The only hammer available right now is economic, and using that, there is a good change Iran will fall to its knees", he said. "The chilling effect of these sanctions has already taken its toll on the Iranian economy, so the sky will not fall at midnight tonight", he told The National.

Mr Vaez also dismissed the possibility of a Trump-Rouhani meeting.

The Tehran Times on Sunday quoted President Hassan Rouhani's deputy director for political affairs, Majid Takht Ravanchi, insisting that Europe must take firm action to circumvent the more devastating American sanctions before they go into full effect on November 4.

US trade with Iran stood at $258 million (Dh948m) in 2016, according to the US Census Bureau, while exports to Iran from the European Union, which will be affected by secondary sanctions, were worth $13 billion past year.

Recommended News

  • Fentanyl and cocaine-related deaths on the rise

    Fentanyl and cocaine-related deaths on the rise

    There has also been a slow rise in cocaine deaths for the sixth consecutive year, up to 432 in 2017, compared to 371 in 2016. In Scotland, drug deaths hit a record high in 2017 and were the worst in Europe, figures revealed last month.
    AI Obliterates Semi-Professional Dota 2 Players In A Game

    AI Obliterates Semi-Professional Dota 2 Players In A Game

    OpenAI is an artificial intelligence research organisation cofounded by Elon Musk which aims to promote and develop friendly AI. The team which won the exhibition match is named OpenAI Five, and comprises a team of five bots.
    Daniel Ricciardo - Renault switch one of the toughest decisions I've ever made

    Daniel Ricciardo - Renault switch one of the toughest decisions I've ever made

    In addition, Red Bull has made a decision to switch to Honda engine ditching Renault engine from 2019 over reliability issues. Full statement from Red Bull 'Daniel Ricciardo has advised us that he is to leave the Team at the end of the 2018 season.
  • Bayern boss: 'Nothing new' on Boateng's future amid Man Utd interest

    Bayern boss: 'Nothing new' on Boateng's future amid Man Utd interest

    The defender's current deal expires in 2021 but United are hoping to prise him away from Germany this summer. Mourinho has seemed unhappy in pre-season and expressed his frustration at the club's lack of new signings.
    Video shows Brooklyn nail salon workers attacking customer

    Video shows Brooklyn nail salon workers attacking customer

    Police were eventually called to the scene, at which point they reportedly arrested one patron and one of the salon workers. Since the fight, hundreds of negative reviews, often referencing the incident, have been left on the salon's Yelp page.
    Rangers closing in on deal for Osijek captain Borna Barisic

    Rangers closing in on deal for Osijek captain Borna Barisic

    Goals from Australian midfielder Tom Rogic and striker Odsonne Edouard secured a comfortable lead at half-time at Celtic Park. With a better final pass on two or three occasions we could have had another goal.
  • The company that makes Nutella is looking to hire taste testers

    The company that makes Nutella is looking to hire taste testers

    So, put down your personalised Nutella jar and find out how you could be gulping down the stuff and getting paid for it. Ferrero asks only that applicants suffer from no food allergies and feel comfortable using a computer.
    AMD unveils 'record breaking' Threadripper 2 CPUs with sights set on Intel

    AMD unveils 'record breaking' Threadripper 2 CPUs with sights set on Intel

    This will only spell more trouble for Intel's enthusiast HEDT offerings since both the performance and prices are in AMD's favor. That breaks down to about $54 per core compared with $56 for the 2990WX and $111 for Intel's Core i9-7980XE.
    Apple removes Alex Jones content from iTunes, podcast platforms

    Apple removes Alex Jones content from iTunes, podcast platforms

    The Alex Jones , Channel Page, the Alex Jones Page, the InfoWars Page and Infowars Nightly News Page were all unpublished. He's not a conservative. "For unspecified 'hate speech.' They didn't even tell us what the offending posts were".
  • Honor Play goes on sale in India; price, features, specifications

    Honor Play goes on sale in India; price, features, specifications

    Both the versions come with 64GB UFS2.1 storage which is further expandable by up to 256GB via a hybrid micro-SD card slot. It comes with a metal unibody, U-shaped antenna lines on the top and bottom, and a rear-mounted fingerprint scanner.
    Bologna explosion injures 56, kills one

    Bologna explosion injures 56, kills one

    Italian media said a lorry carrying cars collided on a bridge with another tanker lorry containing inflammable materials. Italian media has reported that numerous injured were hit by debris and shattered glass following the explosion.

    Bayern Munich 1-0 Manchester United: Jose Mourinho warns of 'difficult season'

    That's fantastic, it's absolutely fantastic". "We were playing against their best team". They could not have done better than what they did.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.