profishingrods.com
profishingrods.com November 18, 2018


State Bank of India says complying with U.S. sanctions against Iran

05 November 2018, 04:58 | Joann Bryant

Iranian Crowds Chant 'Death To Israel,' 'Down With U.S.'

Iranian students hold placards during rallies held outside the former US embassy in Tehran to mark the 1979 takeover of the mission Nov. 4 2018

US President Donald Trump's administration reinstated all sanctions removed under the 2015 nuclear deal, targeting both Iran and states that trade with it, reports the BBC. In his presidential statement, Trump called on the regime to abandon its nuclear ambitions, change its "destructive behaviour", respect the rights of its people, and return in good faith to the negotiating table.

The US on Monday unleashed its "toughest ever" sanctions against Iran, a move that has already sparked mass protests in the oil-rich nation.

The other parties to the nuclear deal - Britain, France, Germany, China and Russian Federation - have all vehemently opposed the USA move and vowed to keep trade going, though they are struggling to convince private companies to stand up to U.S. pressure. Trump administration officials have said eight entities are being given short-term waivers to allow them time to completely wind down their existing Iranian oil imports.

Image copyright Getty Images Image caption Supreme Leader Ayatollah Ali Khamenei said the U.S. would not dominate Iran.

Iran is already in the grip of an economic crisis. The rial now trades at 145,000 to $1, compared with 40,500 to $1 a year ago.

"Sanctions waivers being given to key purchasers of Iranian oil, most alarmingly China, give Iran a financial reprieve, and should be eliminated as soon as possible", Rubio said in a press release on Friday.

But on the fringes of the crowd, chants of "Death to America" were lackluster, and the protesters appeared simply to be going through the motions.

The economic chaos sparked mass anti-government protests at the end of previous year that resulted in almost 5,000 reported arrests and at least 25 people being killed.




Mr Rouhani, meanwhile, pledged that Iran would overcome the sanctions.

United States Secretary of State Mike Pompeo and Secretary of Treasury Steven Mnuchin announced the imposing of a second round of sanctions on Iran, calling the regime a destabilizing force in the Middle East. The drill was to continue through Tuesday.

Saudi Arabia, the world's largest exporter, has claimed that it can respond to the Iranian shortfall, but some market players are wondering whether the kingdom is exhausting its capacities.

US sanctions permit trade in humanitarian goods such as food and pharmaceuticals, but measures imposed on banks and trade restrictions could make such items more expensive.

They will directly affect companies from third countries doing business with Iran.

'We are in the economic war situation.

One user tweeted in English: "Over the past 40 years, the Islamic regime of Iran tried to present the United States and Israel as Iran's enemies".

US President Donald Trump unilaterally withdrew Washington from the pact in May despite objections from close allies in Europe. He has issued a list of 12 demands that Iran must meet to get the sanctions lifted, including an end to its support for terrorism and military engagement in Syria and a halt to nuclear and ballistic missile development. The other parties to the deal - Britain, France, Germany, China and Russian Federation - say they will not leave. Contrary to what he called "fueled misinformation", he stated that SWIFT, "if it provides financial messaging services to certain designated Iranian financial institutions...could be subject to sanctions".



Other News

Trending Now

UFC 230: Daniel Cormier defends title, submits Derrick Lewis
And he'll be keeping an eye on his waistline - the one he expects to still be wrapped with the title belt after Saturday night. His win in NY could set up a bout with Brock Lesnar, who has not competed inside the octagon for two years.

Turkey to be exempted from U.S. sanctions on Iran: minister
Vice President Mike Pence, for his part, said, "Iran will be under the most punitive sanctions they have ever faced". In May, the Trump administration announced the restoration of sanctions against Iran.

Oprah campaigns for Democrat Stacey Abrams for Georgia governor
The ruling said allowing these people to vote was in the public's best interest. After her speech she noted both women were "just two women from MS ".

Dozens Of Yemeni Rebels Killed In Red Sea Port City - Medics
Without resolution to ongoing conflict, Yemen could face world's "worst famine" for decades, Antonio Guterres says . The officials spoke on condition of anonymity because they were not authorized to brief the media.

Floyd Mayweather's first fight in MMA federation officially announced
I think when it comes to experience, I have more experience on my side but when it comes to youth, youth is on his side. Mayweather was complimentary of Nasukawa . "I want to continue to build my relationship with Money Team Tokyo".

Tottenham's Dele Alli: Mauricio Pochettino was key to signing new contract
As young players as well, we want to keep improving and this is a great place to do that. Hopefully the fans will love it.

Packers WR Geronimo Allison Downgraded to Out Against Pats
They have five MVPs, six Super Bowl titles, 19 Pro Bowl selections and five first-team All-Pro honors between them. Now Adams is quarterback Aaron Rodgers' top option, the receiver that usually draws an opponent's best cornerback.

Eyeing minority legislators support, Rajapaksa may release Tamil prisoners
It was not clear if and when the 225-member parliament would vote on the UNP's motion that Wickremesinghe's dismissal was illegal. Premajayantha said that parliament needed time to prepare to meet and there was not enough time to meet on November 5.

Pompeo confident Iran will not restart nuclear program as USA reimposes sanctions
Rouhani insisted on state TV that Iran will "sell its oil and it will sell" despite the crippling sanctions. Another said: "America is not our enemy, our enemies have taken us as hostages in our own home [country]".

Dead In Building Collapse At Amazon's Warehouse Collapse In Baltimore
Two people are dead following a wall collapse at a Maryland Amazon distribution warehouse , which was caused by an intense storm. One of the two men was found under debris and taken to a hospital, where he was pronounced dead.