President Trump’s recent push to impose crippling sanctions on the Iranian regime crossed the Atlantic this week, with Germany’s central bank halting a $400 million “cash delivery” to leaders in Tehran.
According to Fox News, Deutsche Bundesbank -the nation’s central monetary authority- made a last-minute decision to stop the payment; caving to demands from the White House that European allies clamp-down on the Islamic Republic.
“Germany allows the Iranian-owned European-Iranian trade bank (EIH) to operate in Hamburg. The EIH holds more than $400 million that Tehran wants to receive in cash ahead of a second wave of U.S. sanctions due in November that impact banks and Iran’s energy sector,” writes Fox News.
Close partnership = results. Thank you to our German counterparts for acting to stop Iran’s activities.https://t.co/fTSBD2f8Dt
— US-Botschaft Berlin (@usbotschaft) August 4, 2018
The President slammed Iran with new sanctions earlier this week, saying the harsh penalties were the “most biting” restrictions placed on Tehran in history.
Read the full story at Fox News.
A NEW DEAL: US Unveils ’12 Requirements’ for New Iran Agreement
United States Secretary of State Mike Pompeo unveiled the Trump administration’s list of demands for a new Iranian nuclear agreement this week; calling on leaders in Tehran to halt all uranium enrichment and cease its support for terror groups throughout the Middle East.
According to the Wall Street Journal, Pompeo revealed the preconditions during a speaking event in Washington, DC earlier Monday; saying Iran needs to fulfill “12 basic requirements” to reach a new agreement with the United States to ease crippling economic sanctions.
The list includes halting uranium enrichment, severing its ties with militants operating in the region, and walking away from Iranian involvement in Syria, Yemen, Lebanon, and Afghanistan.
“Relief from sanctions will come only when we see tangible, demonstrated, and sustained shifts in Tehran’s policies,” Mr. Pompeo said. “We acknowledge Iran’s right to defend its people. But not its actions which jeopardize the world’s citizens.”
“These will end up being the strongest sanctions in history by the time we are complete,” added the Secretary of State.
EUROPE BUCKS TRUMP: EU BANS Corporations from ‘Complying’ with US Policy on IRAN
Leaders across Europe are barring corporations and companies from “complying” with new American-backed sanctions on Iran; rebuking President Trump’s efforts to pressure the Islamic Republic into abandoning its weapons program.
“The European Union is committed to mitigating the impact of US sanctions on European businesses and taking steps to maintain the growth of trade and economic relations between the EU and Iran that began when sanctions were lifted,” the European Commission said in a statement.
“As long as the Iranians respect their commitments, the EU will of course stick to the agreement of which it was an architect,” added European Commission President Jean-Claude Juncker.
The Commander-in-Chief broke with European allies earlier this month and officially withdrew the United States from the Iranian nuclear agreement; sparking outrage from Iranian leaders in Tehran.
“We will be instituting the highest level of economic sanction. Any nation that helps Iran in its quest for nuclear weapons could also be strongly sanctioned by the United States,” said the President earlier in May.