This week saw the furthering of draconian legislation against Iran that may end up benefiting U.S. adversaries more than hurting Iran’s government. On Wednesday the House of Representatives passed the Iran Threat Reductions Act (H.R. 1905) and President Obama is expected to sign into law sanctions against Iran’s Central Bank (Bank Markazi) as [...]
While well-known U.S. hawks and neoconservatives are pushing for military strikes against Iran in response to the alleged “Iranian plot”, the Obama administration has been attempting to rally support from other countries for further punitive measures against Iran, such as sanctioning its central bank, Bank Markazi. If implemented the U.S. move [...]
Posted with the permission of Think Progress
The decision of more than 90 U.S. senators to press President Obama for Iraq-style sanctions on Iran flew in the face of what some observers warned could be the beginning of a stress test of the international support for pressuring Iran and another step [...]
Posted with permission of Think Progress
The announcement that 90 U.S. senators signed a letter to President Obama urging him to sanction Iran’s central bank has been described by some American officials, according to the Wall Street Journal’s Jay Solomon, as the “nuclear option” or, in the eyes of some Iranian officials, [...]
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