Insider news & Analysis in Iran

The US Federal Court has accused a Chinese Electronic Company called “Shandang-Shinran” of selling night vision cameras to Iran and breaking the sanctions against Iran.

In an article published in Forbes, Addison Wiggins gives a partial account of how Iran has coordinated with other Middle Eastern and Asian countries in order to evade US-led economic sanctions that were in place throughout 2012 and 2013. Those sanctions resulted in billions of dollars of Iranian assets being frozen in US banks, while the Islamic nation was shut out of subsequent conventional sales of oil and natural gas, which must be conducting in American currency through a global payment network called SWIFT.

As the world prepares for the next round of negotiations over Iran’s nuclear program, set for the third week of June, it is important for the West to carefully consider how strong its bargaining position is. The prevailing assumption has been that Iran would feel compelled to vigorously pursue a compromise because of the importance of alleviating sanctions in order to save the Iranian economy. But this may be a serious overestimation of the situation.

AFP - The US is seeking more than $10 billion from French bank BNP Paribas to settle criminal charges it violated sanctions on Iran, Sudan and Cuba, the Wall Street Journal reported Thursday.

NCRI- The U.S. Treasury Department on Friday issued new sanctions on one the Iranian regime's official for his instrumental role in the censorship and repression in Iran.

Morteza Tamaddon has been “personally responsible” for harassing Iranian political opponents, censoring free speech, and threatening political opponents of the ruling regime, according to the Treasury Department.

It said any U.S. assets held by Tamaddon would be frozen and Americans would be prohibited from doing business with him.

Undersecretary for Terrorism and Financial Intelligence David S. Cohen said the new sanctions are part of an effort to hold Iran accountable for its numerous and growing human rights abuses, which include the harassment, imprisonment, and execution of hundreds of Iranians each year.

“The United States is keenly focused on promoting opportunities for the Iranian people to fully exercise their universal rights,” Cohen said in a statement. “We will continue building on the U.S. government’s longstanding efforts to contest the Iranian government censorship of the Iranian people.”

 

 

The Guardian: At the car repair shop on Soreana Avenue in central Tehran, Homayoon is happy to talk; after all, there is not much else to do. Business is bad, he says, as he wipes his hands with an oily cloth. It's the same for everybody.

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