HSBC has criticised the US secretary of state, John Kerry, for asking European banks to do more business with Iran while Washington continues to restrict American financial firms from doing the same. The bank’s chief legal officer, Stuart Levey, said HSBC had no intention of doing any new business with Iran after a meeting in London on Thursday in which Kerry urged a gathering of European bankers to make a push into the country. The US and European Union lifted sanctions against in Iran in January after the country dismantled 14,000 centrifuges – two-thirds of its total nuclear capacity – as part of its obligations under the international deal agreed in Vienna last July. Despite this, the banking industry remains fearful of large financial fines, - the threat of losing crucial licences to operate in the US, for falling foul of regulations.
2016-01-01SANCTIONING FREEDOMS: U.S. SANCTIONS AGAINST IRAN AFFECTING INFORMATION AND COMMUNICATIONS TECHNOLOGY COMPANIES
... Since sanctions have had the unintended effect of restricting civil society mobilization in Iran, this comment recommends that the U.S. government further target sanctions, create more authorizations, ease financial restrictions, and increase information transparency. This would have the effect of incentivizing companies to export technology to Iran and provide these mobilization tools to Iranians. The United States should seize this opportunity to improve the sanctions regime by incentivizing companies in a way that promotes Iranians’ freedoms and U.S. foreign policy goals. ...
... In closing, I want to assure this Committee that as we seek a comprehensive solution with Iran, the Treasury Department, like the rest of this Administration, is fully committed to maintaining intense financial and economic pressure on Iran. We have not, and we will not, let up one iota in our sanctions enforcement efforts, and we will continue to take action against anyone, anywhere, who violates or attempts to violate our sanctions. ...
For years, the international community has imposed sanctions on Iran. During the Ahmadinejad administration, these had especially severe consequences for the country. However, the regime persisted in the face of growing pressure. Oliver Borszik explains why.
More than 50 prominent political prisoners reach out to US president, asking him to seize ‚last chance‘ for detente: "We, the undersigned current and former political prisoners in Iran, are writing this letter to bring to your attention the devastating effects of crippling economic sanctions and the intensified efforts to diplomatically isolate Iran in the international community. These efforts are adversely affecting the lives of Iranian people and have resulted in severe constraints in the political life of our country. This letter reflects the serious concerns of the Iranian public about the bleak future that continued conflict between Iran and the United States of America could lead to. We share these concerns." ...
Various Iranian feminist groups, anti-war and sanctions groups, scholars and the American Campaign for Peace and Democracy have advocated for the global disarmament of nuclear weapons in order to end economic sanctions and threats of war against Iran and other countries. Iranian activists have proposed the global employment of energy forms other than nuclear to prevent ecological disasters in Iran and the rest of the world. Yet, these suggested egalitarian resolutions are ignored and the economic sanctions continue deteriorating living conditions in Iran. ...
2013-02-01Deadly Impacts of US Sponsored Sanctions on Iran. „Iranian Mothers for Peace“ Alert the World on Sanctions and Shortage of Medic
“Iranian Mothers for Peace,” in an open letter of January 2013 to Mr. Ban Ki-moon, the UN Secretary General, and Dr. Margaret Chan, the Director General of the World Heath Organization, have alerted the responsible world bodies and human rights organizations to the critical shortage of vital medication due to the US/EU-led sanctions on Iran and their deadly impact on the lives and health of the Iranian population.
Economic sanctions against Iran are aff ecting the availability of essential and life-saving drugs in the country, forcing patients to turn to an unregulated black market. Dara Mohammadi reports.
... The recent wave of sanctions have also targeted Iranian media as several satellite providers across Asia, Europe, Latin America and North America have taken Iranian television channels off air, denying millions of viewers around the world the chance to find an alternative, Iranian perspective on the world affairs. ...
Hundreds of thousands of Iranians with serious illnesses have been put at imminent risk by the unintended consequences of international sanctions, which have led to dire shortages of life-saving medicines such as chemotherapy drugs for cancer and bloodclotting agents for haemophiliacs.