Trump Admin to Sanction Iran’s Last European Lifeline – IOTW Report

Trump Admin to Sanction Iran’s Last European Lifeline

 

 

WFB: The Trump administration is considering new sanctions on Iran to stop it from using backdoor financial methods as a means to skirt U.S. economic sanctions on its business dealings with leading European nations, according to multiple U.S. officials who told the Free Beacon that Tehran is operating a “nuclear racket.”

The new sanctions would directly target Iran’s Special Trade and Finance Institute (STFI), an alternate financial body established by Tehran to ensure it can continue engaging in lucrative trade deals with Europe in the face of heavy U.S. sanctions. The STFI was meant to replace the Instrument in Support of Trade Exchanges (ISTEX), which France, Germany, and the United Kingdom created in January to facilitate trade with Iran.

The Trump administration is already said to be examining sanctioning the STFI, which it views as a front for the Central Bank of Iran, an entity sanctioned by the United States for its role in Iran’s nuclear program and the funding of regional terror operations, according to multiple sources familiar with the matter.

Administration allies in Congress are working toward a similar goal, with Sen. Ted Cruz (R., Texas) having already filed a new measure that would, in addition to any potential White House action, formally sanction the STFI vehicle and make it impossible for Europe to continue engaging in business with Iran, congressional sources confirmed to the Free Beacon.

The issue of these financial bodies has emerged as a crucial tension point in the debate over Iran, as traditional American allies such as Germany, France, and Britain seek to use the STFI to skirt Trump’s sanctions. With Iran giving Europe a 10-day deadline provide it with cash windfalls from the landmark nuclear deal or face increased uranium enrichment, any new sanctions would disrupt Europe’s efforts to keep the door open to future business with Tehran.

“The Iranians are running a nuclear racket: Iran threatens to expand its nuclear program unless Europe pays it not to,” according to one U.S. official, who would only speak about the new sanctions on background. “INSTEX is supposed to be how Europe pays the racket, but who’s going to get involved in a scheme like that and likely face U.S. sanctions?”

Cruz’s new measure, which was viewed by the Free Beacon, would complement any new Trump administration sanctions, according to the senator’s office.

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9 Comments on Trump Admin to Sanction Iran’s Last European Lifeline

  1. Iran’s current behavior (to include everything since 1979) is indistinguishable from that of the musloid pirates in the Mediterranean back in the late 1700s – “Pay us tribute or we will keel you, take your ships and goods and enslave your women and children”. It deserves – and needs – a similar response, a response that ONLY we of the Western World at the time had the wisdom and courage to accomplish. That is – massive and thorough retaliation.

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  2. “…which France, Germany, and the United Kingdom created in January to facilitate trade with Iran.”
    Huh?
    I don’t understand this thing called “diplomacy”. Why do we associate with entities who do not abide by our wishes?

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  3. Yeah, Mickey. I know. And now, unlike the days of our Founding, there are too many who lack the wisdom those Founders displayed and the will – and patriotism – to protect what has made us collectively great. Most of my imagined solutions are “illegal”, albeit rational…

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  4. Iran is NOT controlled by Central Banks, but has its own bank. Iran controls its own government AND economy. It’s sovereign independence is what wealthy/greedy globalists want to destroy. Remember that the USA is controlled by the criminal banks and is a debt controlled country. The USA is NOT an independent government or economy. Rothschild banks OWN the USA.

    Only Three Countries Left Without a ROTHSCHILD Central Bank!
    January 30, 2017
    “The first step in having a Central Bank establish in a country is to get them to accept an outrageous loans, which puts the country in debt of the Central Bank and under the control of the Rothschilds.

    If the country does not accept the loan, the leader of this particular country will be assassinated and a Rothschild aligned leader will be put into the position, and if the assassination does not work, the country will be invaded and have a Central Bank established with force all under the name of terrorism.”

    “The only countries left in 2011 without a Central Bank owned or controlled by the Rothschild Family are:

    Cuba
    North Korea
    Iran

    After the instigated protests and riots in the Arab countries the Rothschild finally paved their way into establishing Central Banks, and getting rid of many leaders, which put them into more power.”

    “Rothschilds Want Iran’s Banks
    Source: American Free Press | By Pete Papaherakles, FEBRUARY 10, 2012

    Could gaining control of the Central Bank of the Islamic Republic of Iran (CBI) be one of the main reasons that Iran is being targeted by Western and Israeli powers? As tensions are building up for an unthinkable war with Iran, it is worth exploring Iran’s banking system compared to its U.S., British and Israeli counterparts.”

    “Since the Rothschilds took over the Bank of England around 1815, they have been expanding their banking control over all the countries of the world. Their method has been to get a country’s corrupt politicians to accept massive loans, which they can never repay, and thus go into debt to the Rothschild banking powers. If a leader refuses to accept the loan, he is oftentimes either ousted or assassinated. And if that fails, invasions can follow, and a Rothschild usury-based bank is established.”

    “The Rothschilds exert powerful influence over the world’s major news agencies. By repetition, the masses are duped into believing horror stories about evil villains. The Rothschilds control the Bank of England, the Federal Reserve, the European Central Bank, the IMF, the World Bank and the Bank of International Settlements.”

    https://www.theeventchronicle.com/uncategorized/three-countries-left-without-rothschild-central-bank/

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