Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Economy
In reply to the discussion: Weekend Economists and the Accidental President December 13-15, 2013 [View all]xchrom
(108,903 posts)13. Iran Sanctions Applied to More Companies by U.S. Treasury
http://www.bloomberg.com/news/2013-12-12/iran-sanctions-applied-to-more-companies-by-u-s-treasury.html
The Obama administration targeted companies and individuals today for evading international sanctions against Iran and supporting the countrys nuclear program, a move aimed in part at dissuading Congress from imposing additional trade penalties.
The Treasury Department said it was freezing assets and banning transactions of entities that attempt to evade the sanctions, including by doing business with the National Iranian Tanker Co., Irans primary shipper of crude oil.
Todays actions should be a stark reminder to businesses, banks, and brokers everywhere that we will continue relentlessly to enforce our sanctions, even as we explore the possibility of a long-term, comprehensive resolution of our concerns with Irans nuclear program, David Cohen, Treasury under secretary for terrorism and financial intelligence, said in a statement.
The companies designated today as sanctions violators include Eyvaz Technic Manufacturing Co., an Iranian company that the Treasury said was involved in procuring sensitive items for use in Irans centrifuge program, and the Exploration and Nuclear Raw Materials Production Co., a subsidiary of the Atomic Energy Organization of Iran, which was cited for overseeing uranium discovery, mining, and mineral processing operations in Iran.
The Obama administration targeted companies and individuals today for evading international sanctions against Iran and supporting the countrys nuclear program, a move aimed in part at dissuading Congress from imposing additional trade penalties.
The Treasury Department said it was freezing assets and banning transactions of entities that attempt to evade the sanctions, including by doing business with the National Iranian Tanker Co., Irans primary shipper of crude oil.
Todays actions should be a stark reminder to businesses, banks, and brokers everywhere that we will continue relentlessly to enforce our sanctions, even as we explore the possibility of a long-term, comprehensive resolution of our concerns with Irans nuclear program, David Cohen, Treasury under secretary for terrorism and financial intelligence, said in a statement.
The companies designated today as sanctions violators include Eyvaz Technic Manufacturing Co., an Iranian company that the Treasury said was involved in procuring sensitive items for use in Irans centrifuge program, and the Exploration and Nuclear Raw Materials Production Co., a subsidiary of the Atomic Energy Organization of Iran, which was cited for overseeing uranium discovery, mining, and mineral processing operations in Iran.
Edit history
Please sign in to view edit histories.
65 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Five simple steps to financial freedom for women BY [i] Suzanne McGee and Alice Finn [/i]
Demeter
Dec 2013
#5
Hmmm. Jesuits... ¿Has the IMF also gone neo-Franciscan? ... A few recent snippets:
Ghost Dog
Dec 2013
#15
The New Advocates of Inequality want to take us back to the middle of the 19th century
Ghost Dog
Dec 2013
#45
Dent, Faber, Celente, Maloney, Rogers – What Do They Say Is Coming In 2014?
DemReadingDU
Dec 2013
#16
End of US quantitative easing at the beginning of 2014 at the latest (LEAP/E2020 May 2013)
Ghost Dog
Dec 2013
#29
No, the Budget Deal Isn't a "Compromise" (NOT AN EQUITABLE ONE, ANYWAY) By Patrick Caldwell
Demeter
Dec 2013
#26