Friday, 16 November, 2018

'Sanctions are coming': HBO less than impressed with Trump tweet

Donald Trump and Iran President Hassan Rouhani. —AFP Donald Trump and Iran President Hassan Rouhani. —AFP
Orlando Vargas | 04 November, 2018, 18:18

Mnuchin warned that SWIFT will be subject to US sanctions if it provides financial messaging services to designated Iranian financial institutions.

However, eight countries will not be penalised by the United States for continuing to import Iranian oil.

The Islamic Revolution Guards Corps (IRGC) issued a statement on Saturday, saying the Iranian nation will give President Donald Trump a "slap in the face" through their participation in nationwide rallies to mark the embassy takeover.

But only time will tell if Iran's regional policy has changed sufficiently to satisfy Trump and achieve his goals.

"The challenge between the U.S. and Iran has lasted for 40 years so far and the United States has made various efforts against us: military, economic and media warfare", he said. Former US President Barack Obama had spent considerable political capital to strike a nuclear deal with Iran in 2015. The European Union, France, Germany and Britain also slammed the upcoming U.S. measures.

"But it remains uncertain whether Iran's economy will be damaged to the extent it was during 2012-2015, because the European Union and other countries are trying to keep the economic benefits of the JCPOA flowing to Iran in order to persuade Iran to remain in the JCPOA".

But for now, Iran seemed likely to try to endure the Trump administration's maximum pressure campaign, she said.

Trump also on Friday tweeted out a "menacing" poster-like image of himself with the words "Sanctions are coming November 5", apparently riffing on HBO's "Game of Thrones".

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I knew he was coming for something so I was like this dude wanted something and I am going to give it to him", stated Cormier. I'm like, 'Oh Brock's here, this adds another layer to the fight, ' as I'm facing the greatest Heavyweight in the world.


Although precise figures are rarely available in the notoriously opaque oil market, most analysts say Iran's exports dropped from around 2.5 million barrels per day in April to roughly 1.6 million in October. They are the second batch the administration has re-imposed since Mr. Trump withdrew from the landmark accord in May.

All of these dynamics will help Iran survive and outlast the impact of the sanctions, even as the negative impact is severe, he said.

That could make it very hard for Iran to do business with other countries.

"Nitty gritty of this waiver will be announced eventually", said Pradhan.

These countries include India, Japan and South Korea. The International Atomic Energy Agency (IAEA) has confirmed in twelve consecutive reports that Iran is abiding by its commitments under the Agreement.

Foreign ministry spokesman Bahram Qasemi told state TV that Iran had "the knowledge and the capability to manage the country's economic affairs".

With limited exceptions, the re-imposed USA sanctions will hit Iran as well as countries that do not stop importing Iranian oil and foreign firms that do business with blacklisted Iranian entities, including its central bank, a number of private financial institutions, and state-run port and shipping firms, as well as hundreds of individual Iranian officials.

Taiwan was waiting to see whether it was one of the "eight jurisdictions" expected to receive waivers to continue buy oil from Iran despite sanctions from the United States.

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