Congressmen Hope to Finalize Deal by End of Next Week
It has been a couple of weeks since the US last imposed “new” sanctions against Iran, and that’s a long time in an election year. Congressional leaders say they hope to slap another round on by the end of next week.
The new sanctions, like the past several rounds, will target Iran’s banking system with an eye toward preventing them from participating in trade abroad, with officials saying it would “crack down” on Iranian oil shipments.
Senate Majority Leader Harry Reid (D – NV) promised to come to a reasonable agreement, which almost immediately resulted in allegations that he was secretly plotting against the sanctions on behalf of insurance companies.
Iranian Supreme Leader Ayatollah Ali Khamenei insisted that the past several rounds of sanctions had not altered Iran’s policy on their civilian nuclear program, and said that the next round wouldn’t change them either.
Last 5 posts by Jason Ditz
- Negotiators: Iran Civilian Nuclear Limits Would Taper Off in Next Decade - February 23rd, 2015
- Israeli Settlement Building Soared 40% in 2014 - February 23rd, 2015
- Officials: US Carried Out Mock Mall Attacks to Test Readiness - February 23rd, 2015
- NSA Director Defends Maintaining Backdoors in Americans' Software - February 23rd, 2015
- Ukraine Won't Abide by Ceasefire Deal's Withdrawal of Heavy Weapons - February 23rd, 2015