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Iran Nuclear Deal Tag

Posted by Vijeta Uniyal on January 17, 2019 12 Comments
German army has caught an Iranian spy working in its ranks. A 50-year-old German-Afghan man has been arrested on charges of spying for Iran's Ministry of Intelligence (MOIS). The man, named by the state prosecutor as Abdul Hamid S., has been passing on sensitive military intelligence to the Iranian spy agency for many years, the local newspaper reports said.

Posted by Vijeta Uniyal on January 12, 2019 2 Comments
Trade between Iran and the European Union is in sharp decline, official Iranian figures show. The drop comes despite EU's ongoing efforts to bypass the U.S. sanctions. In November, President Donald Trump imposed a new round of sanctions on Iran's oil, shipping and banking sectors.

Posted by Vijeta Uniyal on December 19, 2018 9 Comments
An Iranian activist jailed for 'insulting Islam' on social media has died after a prolonged hunger strike, media reports say. Vahid Sayadi Nasiri, a 37-year-old Iranian blogger, was arrested in 2015 and received an eight year jail sentence for "insulting Islamic sanctities" and criticizing Iran's Shi'a Islamist regime, the U.S.-based watchdog Iran Human Rights Monitor said. He began his hunger strike in October protesting the inhumane prison conditions and frequent beatings by fellow inmates.

Posted by Vijeta Uniyal on December 04, 2018 19 Comments
German Chancellor Angela Merkel has been working behind the scenes to prevent European Union member countries from recognizing Jerusalem as the capital of Israel, the newspaper Jerusalem Post reported. The revelation was made by Tomas Sandell, the director of the European Coalition for Israel in Brussels. Chancellor Merkel made a series of calls to European leaders in April while "many of the nations were seriously considering moving their embassies." Sandell said. "This is not the Germany we once knew. This is not the even Angela Merkel we once knew when she was elected."

Posted by Vijeta Uniyal on November 24, 2018 4 Comments
The United States has accused Iran of hiding its chemical weapon-related activities. Tehran was failing to report military facilities designed to manufacture chemical-filled aerial bombs, and maintained stockpiles of toxic munitions, in violation of the 1997 international chemicals weapons convention.

Posted by Vijeta Uniyal on November 16, 2018 15 Comments
The European Union may switch to non-dollar transactions to protect its trade with Iran in the wake of the latest U.S. sanctions, Reuters news agency reports. The news comes as Iran's European trading partners are working to set up a Special Purpose Vehicle, which is a payment clearance house where Iran's proceeds from oil and gas sale could be offset against the country's purchases -- much like a transnational barter system without financial transactions. The move is in response to crippling sanctions imposed by President Donald Trump against Iran's energy, banking, and other sectors earlier this month.

Posted by Mary Chastain on November 05, 2018 2 Comments
President Donald Trump's administration has officially restored sanctions on Iran that went away with the 2015 Iranian nuclear deal. At the same time, SWIFT, a financial messaging service based in Belgium, announced it will suspend "some unspecified Iranian banks’ access to its messaging system in the interest of the stability and integrity of the global financial system," but did not mention the US sanctions.

Posted by Mary Chastain on November 02, 2018 11 Comments
President Donald Trump's administration has announced that it will reimpose sanctions on Iran that were terminated under the 2015 nuclear deal. A few countries received exemptions. From Fox News:
Secretary of State Mike Pompeo and Treasury Secretary Steve Mnuchin announced the sanctions on Iran’s shipping, financial and energy sectors. Particularly, the sanctions will target Iran’s crude oil exports and will penalize countries that don’t stop importing oil and foreign companies that do business with certain Iranian entities.

Posted by Vijeta Uniyal on October 24, 2018 11 Comments
A leading Chinese bank, which acted as the main conduit for payments to Iran, is halting financial transactions with the Islamic Republic, Reuters news agency reports. The state-owned Bank of Kunlun's decision was made "under pressure" of impending U.S. sanctions due to take effect early November, news reports disclose. The halting of transactions spells trouble for Iran's commercial ties to China, the country's biggest oil consumer. The Bank of Kunlun is controlled by China's state-owned energy group CNPC, a company running multi-billion dollar gas exploration projects in Iran.

Posted by Vijeta Uniyal on October 02, 2018 6 Comments
A German court has ordered the extradition of an Iranian diplomat suspected of involvement in a bomb plot over to Belgium, German media reported. Assadollah Assadi, a diplomat posted to Vienna, was arrested by German police in early July for planning an attack on an Iranian opposition rally in France. The event organized by an exiled Iranian opposition group was attended by several prominent figures, including former New York Mayor Rudy Giuliani, former House Speaker Newt Gingrich and former French Foreign Minister Bernard Kouchner.

Posted by Vijeta Uniyal on September 16, 2018 8 Comments
India, the second biggest oil customer for Iran, has begun cutting Iranian crude oil imports ahead of the November deadline set by the Trump administration, Indian newspapers report. The United States is expected to impose a fresh round of crippling sanction on Tehran in early November, targeting the country's oil industry -- Islamic Republic's main source of revenue.

Posted by Mike LaChance on September 15, 2018 77 Comments
Former Secretary of State John Kerry recently admitted that he has had meetings with officials from Iran since leaving office. One of the points Kerry relayed to them was that they should wait out the Trump presidency. It's nearly impossible to imagine the firestorm this would set off among Democrats and the media if a former Bush official had done this to Obama.

Posted by Vijeta Uniyal on August 30, 2018 21 Comments

With US sanctions biting deep into Iran's economy, country's theocratic leader Ayatollah Ali Khamenei has admitted that European countries cannot to save the 2015 nuclear deal, Reuters news agency reported.

"There is no problem with negotiations and keeping contact with the Europeans, but you should give up hope on them over economic issues or the nuclear deal," Khamenei told President Hassan Rouhani and his cabinet on Wednesday.

Posted by Vijeta Uniyal on August 02, 2018 10 Comments
Germany's central bank, the Bundesbank, has revised its regulations to stop Iran from withdrawing €320 million ($400 million) in cash from the country's bank accounts. Under the new conditions, the Bundesbank can stop cash transfers that violate US Treasury sanctions, the German newspaper BILD disclosed. The drastic measure to physically ship the cash out of Germany demonstrates Tehran's demising trust in the European financial institutions as the US Treasury tightens screws on the regime's worldwide financial operations. The transaction is "one of the largest cash transfers ever in German history," a spokesman for the country's finance minister admitted.

Posted by Vijeta Uniyal on June 07, 2018 33 Comments
The European Union has called on the U.S. not to punish European firms that trade with Iran, German daily Die Welt reported Thursday. In a letter to the U.S. officials, the EU Foreign Policy Chief Federica Mogherini "appealed to the U.S. not to undertake any action" against European companies likely hit by U.S. sanctions following President Donald Trump's withdrawal from the Iran nuclear deal last month. The letter addressed to U.S. Secretary of State Mike Pompeo and Treasury Secretary Steven Mnuchin was also signed by foreign and finance ministers from Germany, France, and Britain, German broadcaster Deutsche Welle disclosed. According to media reports, President Trump is considering imposing secondary sanctions against foreign companies which continue doing business with Iran.

Posted by Mary Chastain on June 06, 2018 15 Comments
Holy cow. The Associated Press has reported that former President Barack Obama's administration attempted to give Iran access to U.S. banks despite sanctions in place and lied to Congress about said plans. In 2016, a license issued by the Treasury Department gave Iran permission "to convert $5.7 billion it held at a bank in Oman from Omani rials into euros by exchanging them first into U.S. dollars."
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