By Erich Ferrari via Sanctions Law This was a big year for sanctions. Although 2012 isn’t over yet and there is some pending legislation threatening to impose more sanctions against Iran and a forthcoming set of regulations from OFAC on some of the… Continue Reading
The Treasury’s Office of Foreign Assets Control (OFAC) has updated its Iran Sanctions page to include more individuals and entities, including Iran’s Ministry of Culture and Islamic Guidance (Ershad), its Press Supervisory Board and several Iranian universities and related institutions. No… Continue Reading
The US-led sanctions regime isn’t directly targeting Iran’s healthcare system but reports continue to suggest that critically-ill Iranians are being affected. The Al Jazeera English clip above squares with Najmeh Bozorgmehr’s Financial Times article from September about how sanctions on Iran’s Central Bank are… Continue Reading
Shadow banks may control about 25 to 30 percent of the world’s financial system. They may be about 50 percent of all banking assets in the world. I say may in both of those sentences because it is hard to… Continue Reading
Writing for the Financial Times the talented Iranian journalist, Najmeh Bozorgmehr, reports on how US-imposed sanctions on Iran’s Central Bank are preventing critically-ill patients from getting crucial medical aid: The government of Mahmoud Ahmadinejad says international sanctions have had little impact… Continue Reading