Tuesday, October 27, 2020

U.S. Sanctions All Of Iran's Financial Sector

The sanctions will penalise foreign banks trading with Iranian ones 


The Trump administration has imposed sanctions on 18 "major" Iranian banks in one of the most extensive such moves by Washington against Tehran in months.  

The order will also penalize non-Iranian institutions trading with them, effectively cutting the banks off from the international financial system. 

The US says it is seeking to choke off Iran's access to funds to pursue what it regards as aggressive activities. Iran's UN ambassador accused the US of committing "economic terrorism". 

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 More News On The U.S. Imposing New Sanctions On Iran 

3 comments:

Andrew Jackson said...

Trump,the Genghis Khan of economic warfare!

Bobs a dopey commenter said...

Trump won’t allow the USA to get bent over by a flag burning, flag stomping terrorist nation....trump 2020

Anonymous said...


With the federal reserve diluting the purchasing power of our currency coupled with government deficit spending, how does the dollar continue to be so admired that our government can still be given the ability to impact the world's economy to the extent it does?