Iran

Archive:  1 2 3 4 5 > 

Bank sanctions nibbling away at Iran's resolve

AFP

The Iranian economy is starting to feel the sting from a raft of banking sanctions applied by the US to pressure Tehran over its controversial nuclear drive, analysts said. Washington has blacklisted Iran's three main banks and has also successfully encouraged virtually all major European banks to cut business with the Islamic republic. "Practically all the major European banks have ceased their cooperation with Iran," said an official from Iran's Export Development Bank, who asked not to be named. "It is no longer possible to wire money by dollar into Iran and for the payments in euro there are just three European banks. They could stop cooperating with us at any moment," the official said. British-Asian bank HSBC and the Swiss giants UBS and Credit Suisse were the first to cut business with Iran last year while Deutsche Bank, Commerzbank and BNP Paribas have followed suit this year. Meanwhile, Washington has blacklisted Iranian banks Melli, Mellat and Saderat, accusing them of acting as a conduit for "terrorist financing" -- something the banks vehemently deny. The decision has effectively cut the Iranian banks off from the dollar-based financial system and turned them into pariah institutions with whom their foreign counterparts are unwilling to deal.

Investing in Freedom

National Review

This nation at war needs more security-minded political stalwarts like Assemblyman Joel Anderson, a freshman Republican legislator from San Diego, who is doing yeoman’s work to help stop the threat of terrorism from regimes such as the one in Tehran. Last January, he introduced crucial and innovative legislation, AB 221, to prohibit state retirement boards from investing in companies conducting business in Iran. In September, the bill finally passed unanimously in both the California Senate and Assembly, after indefatigable efforts by Anderson in overcoming opposition on several fronts. In October, Governor Arnold Schwarzenegger signed the bill into law. Rite of Passage It seemed to augur well for the passage of this legislation, when it was first put forth, that a similar California law restricting investments in the rogue state of Sudan already existed. However, the overwhelmingly negative and prevaricating response from the state’s two leading teachers unions quickly put to rest such hope. These unions said that the pension fund boards should make such investment decisions. In an interview Anderson claimed that a union representative also portrayed the bill as a ruse, in order to portray Iran as a state sponsor of terrorism, in order to later justify a U.S. attack on Iran. The union further labeled as bogus, Anderson’s linking of Iran with the development of nuclear weapons. Forces in the legislature then piled on, making approval of the legislation all the more tenuous by simultaneously referring the bill to three separate committees.

New U.S. sanctions against Iran: Prelude to war?

The Oklahoman Editorial

FINANCIAL sanctions announced by the Bush administration against key components of Iran's military may finally get Tehran's attention — slowing or halting the stream of weapons to terrorists and perhaps getting the Iranians to reconsider the march toward nuclear weapons. For years, Washington has threatened consequences for Iran over its nuclear programs and with the discovery that Iranian-made explosives are killing and wounding U.S. troops in Iraq and Afghanistan. The sanctions unveiled last week should have some bite. Targeted are Iran's Revolutionary Guard Corps and Quds Force, a subset of the Guard. The announcement formally accused them of exporting terrorism. Sanctions involve cutting off more than 20 Iranian entities, including three state-owned banks, from the U.S. financial system.

California law cuts pension ties to Iran investors

The Washington Times

A new California law will ensure that the hundreds of billions of dollars in the state's pension funds for public school teachers and for state employees will have no ties to non-American companies linked with Iran. Gov. Arnold Schwarzenegger, a Republican, last week signed into law Assembly Bill 221, proposed by Republican Assemblyman Joel Anderson. The legislation requires the California Public Employees' Retirement System (CalPERS) and the California State Teachers' Retirement System (CalSTRS) to divest from foreign companies with business operations within the Islamic republic. U.S. companies already are barred from doing business in Iran. The Islamic republic has been named a state sponsor of terrorism. Iran is accused of supporting Islamist insurgents attacking U.S. troops in Iraq and is involved in a tense showdown with the U.S., other countries and the United Nations over its nuclear program. Mr. Anderson, who sits on the committee overseeing CalPERS, noticed the investments in Iran-tied companies while reviewing the fund's portfolio in January. His actions prompted similar moves against Iran-invested businesses by 17 states, including Maryland. Legislation from all states could total $200 billion in reallocation of investments. The bill mandates that investments in both funds be Iran-free within a year, and requires quarterly progress updates to that end. Though both funds opposed the bill, Mr. Anderson rounded up bipartisan support. The vote in the state Senate was 36-0.

U.S. sanctions 'doomed,' says Iran

CNN.com

(CNN) -- Iran's Foreign Ministry has said that tougher U.S. sanctions are "doomed to fail" and accused Washington of adopting confrontational policies amid simmering tensions over Tehran's refusal to halt its nuclear program. Washington imposed stiff sanctions against elements of Iran's military and a number of Iranian banks and companies on Thursday, accusing them of support for nuclear proliferation and terror-related activities. "The Iranian regime's abilities to pursue nuclear and ballistic missile programs in defiance of U.N. Security Council resolutions depends on its access to international, commercial, and financial systems," said U.S. Treasury Secretary Henry Paulson. But Iranian Foreign Ministry spokesman Mohammad Ali Hosseini, quoted by Iran's state news agency IRNA, said the sanctions were "ineffective." Meanwhile, speaking Thursday in Kuwait, Iranian Interior Minister Mostafa Pour-Mohammadi warned that any military attack on Iran would be met with a "crushing response."

Bush Administration Announces New Sanctions Against Iran

FoxNews.com

WASHINGTON — The Bush administration announced Thursday that it is imposing sweeping new sanctions against Iran's defense ministry, its Revolutionary Guard Corps and a number of banks. Secretary of State Condoleeza Rice, joined at a State Department news conference by Treasury Secretary Henry Paulson, said the steps the Bush administratioin is taking are designed to punish the Iranians for their support for terrorist organizations in Iraq and the Middle East, missile sales and nuclear activities. Rice called the moves — the harshest of this kind since the takeover of the U.S. Embassy in 1979 — were in response to "a comprehensive policy to confront the threatening behavior of the Iranians." But she also said that Washington remains open to "a diplomatic solution." The announcement culminated a monthslong series of harsh statements from both sides amid public recriminations both within the administration and the Congress over Tehran's strategic intentions.

Gates says all options on table for Iran

Reuters

WASHINGTON (Reuters) - U.S. Defense Secretary Robert Gates said on Monday all options for dealing with Iran must remain open and called for international pressure and tougher sanctions to curb Tehran's nuclear aspirations. "With a government of this nature, only a united front of nations will be able to exert enough pressure to make Iran abandon its nuclear aspirations -- a source of great anxiety and instability in the region," Gates said in speech to the Jewish Institute for National Security Affairs. "Our allies must work together on robust, far-reaching, and strongly enforced economic sanctions," he said, also noting a need for political and diplomatic pressure. "And, as President (George W.) Bush has said, with this regime, we must also keep all options on the table," said Gates in comments prepared for delivery to the nonprofit group that advocates a link between U.S. and Israeli security interests.

Governor Schwarzenegger Signs Bill Directing Divestment from Iran

CA.GOV

Governor Arnold Schwarzenegger today signed AB 221 by Assemblymember Joel Anderson (R-El Cajon) which prohibits the state’s pension funds from investing in companies with active business in Iran. “I couldn’t be more proud to sign this bill,” said Governor Schwarzenegger. “Last year I signed legislation to show our defiance against the inhumane murder and genocide in Sudan. This year I am pleased to support additional efforts to further prevent terrorism by doing what’s right with our investment portfolio and signing this legislation to divest from Iran.” “As we all know, money is the mother’s milk of terrorism. I was never more proud of our Governor then when he announced at the United Nations that he would sign this anti-terror bill. At a time when the world is desperate for leadership, the Governor has proven that courageous leaders can make a difference in fighting evil,” said Assemblymember Anderson. AB 221 by Assemblymember Anderson creates the California Public Divest from Iran Act which prohibits CalPERS and CalSTRS from investing public employee retirement funds in a company with business operations in Iran. CalPERS, the state’s employee retirement fund, is the largest pension fund in the nation and CalSTRS, the state’s public education retirement fund, is the second largest pension fund in the nation.

Bullet 333Joel Anderson, Assemblyman, California State Assembly
Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Major Eric Egland, Author, The Troops Need You, America: Six Ways to Help...
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333Paul "Dave" Gaubatz, Owner-Director, Wahhabi CT Publications
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Jan Markell, President, Olive Tree Ministries
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Kamal Saleem, Shoebat Foundation
Bullet 333Walid Shoebat, President, Shoebat Foundation
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

Iran envoy is denounced for ‘terrorist’ links

Times Online

The US military commander in Iraq has claimed Tehran's ambassador to Baghdad is part of al-Quds force, an elite wing of the Iranian Revolutionary Guards which Washington wants to designate as "terrorist". General David Petraeus implicated the Tehran government in the assassination of provincial Iraqi governors while adding that Hassan Kabuki-Qomi, Iran's envoy to Baghdad, "is an Quads force member". Speaking over the weekend at a base near the Iranian border, he said Revolutionary Guards had been "responsible for providing the weapons, the training, the funding and in some cases the direction for operations that have killed US soldiers". Ryan Crocker, the US ambassador in Baghdad, has this year met Mr Kazemi-Qomi twice to discuss ways to stabilise Iraq. But the talks made little headway and President Bush has since said he is ready to "confront Tehran's murderous activities".

U.S. offers $200K in Taliban, al-Qaeda 'Most Wanted' campaign

USA Today

BAGRAM, Afghanistan (AP) — The U.S. military has launched a new "Most Wanted" campaign offering rewards of up to $200,000 for information leading to the capture of a dozen Taliban and al-Qaeda leaders. Posters and billboards are being put up around eastern Afghanistan with the names and pictures of the 12, with reward amounts ranging from $20,000 to $200,000. "We're trying to get more visibility on these guys like the FBI did with the mob," said Lt. Col. Rob Pollack, a U.S. officer at the main American base in Bagram. "They operate the same way the mob did, they stay in hiding." The list does not include internationally known names who already have large price tags on their heads like al-Qaeda chief Osama bin Laden — who has evaded U.S. capture since 2001 despite a $25 million bounty — or Taliban leader Mullah Omar with a $10 million reward. Instead, the list is filled with local insurgent cell leaders responsible for roadside and suicide bomb attacks.

Iran condemns U.S. move to brand Guards "terrorist"

Reuters

TEHRAN (Reuters) - Iran has said any U.S. move to brand its elite Revolutionary Guards a foreign terrorist organisation would be illegal and amount to a confrontation with the entire Islamic Republic. The House of Representatives approved a bill on Tuesday mandating sanctions on foreign energy companies doing business with Iran and urging the U.S. government to brand the Guards 'terrorist'. INSA news agency carried a foreign ministry statement late on Wednesday branding any such move irresponsible and illegal. "Any confrontation with this humane force is a confrontation with the great nation of Iran and those who are after accusing the Guards are in fact putting themselves in front of a nation of 70 million people," spokesman Mohammad Ali Hosseini said.

Iran Strengthens South America Ties

Time

(LA PAZ, Bolivia) — Vilified by world leaders wary of his nuclear ambitions, Iran's president is turning to South American leftists who are embracing him as an energy and trade partner and counterweight to U.S. influence. On the heels of a U.N. General Assembly appearance in which he exacerbated concerns about Iranian bellicosity, Mahmoud Ahmadinejad was headed to Bolivia on Thursday to establish first-time diplomatic relations with the Andean nation. He and President Evo Morales were expected to sign accords that Bolivian officials say could help them better tap the continent's second-largest natural gas reserves after Venezuela's and drum up urgently needed agricultural investment. Ahmadinejad then heads to Caracas to meet Venezuelan leader Hugo Chavez. Ahmadinejad's trip south underscores his strengthening links to Latin American nations that also include Nicaragua and Ecuador even as the United States tries to isolate him internationally. "It's a connection that is growing stronger all the time," said Alberto Garrido, a Venezuelan writer and political analyst. "It's Iran's answer to the United States on its own home turf. The United States is in the Middle East, so Iran is in Latin America."

Mahmoud Admadinejad Addresses The Press

Time

- Iran has not violated any of the rules of the International Atomic Energy Agency, Ahmadinejad says. He has proposed a multilateral uranium enrichment program with different nations, and can't understand why no one has taken up his offer. - The US and Iran can play a positive role together in Iraq. "If the US withdraws from Iraq, good things will happen," he says. "I believe that the Iraqi people can rule themselves." - In the Middle East, Ahmadinejad says the world must allow the Palestinians to decide their future for themselves: "That is the human solution to sixty years of instability." He refers to Israel only as "the Zionist regime" and does not mention the Holocaust. - Ahmadinejad claims there are thirty newspapers published in Iran that are opposed to his government, citing that as evidence of press freedom in Iran. - In answer to a question about how he viewed Hitler's legacy, he says, "I view Hitler's role as extremely negative, a despicably dark face." - He notes that Americans don't understand Iranian history, saying that the movie 300 — with which he seems intimately familiar — was a "complete distortion of Iranian history." Iran, he says, has never invaded anyone in its history. Finally, in response to a question about whether war with Iran was growing more likely, he says, "Mr. Bush is interested in harming Iran. But I believe there are wise politicians in America who will prevent such a war. We hate war. We would not welcome it. But we are prepared for every scenario. Yet I don't think war will happen."

Ahmadinejad, at Columbia, Parries and Puzzles

New York Times

He said that there were no homosexuals in Iran — not one — and that the Nazi slaughter of six million Jews should not be treated as fact, but theory, and therefore open to debate and more research. Mahmoud Ahmadinejad, the president of Iran, aired those and other bewildering thoughts in a two-hour verbal contest at Columbia University yesterday, providing some ammunition to people who said there was no point in inviting him to speak. Yet his appearance also offered evidence of why he is widely admired in the developing world for his defiance toward Western, especially American, power. In repeated clashes with his hosts, Mr. Ahmadinejad accused the United States of supporting terrorist groups, and characterized as hypocritical American and European efforts to rein in Iran’s nuclear ambitions. “If you have created the fifth generation of atomic bombs and are testing them already, who are you to question other people who just want nuclear power,” Mr. Ahmadinejad said, adding, pointedly: “I think the politicians who are after atomic bombs, politically, they’re backwards. Retarded.”

California Seeks to Ban Investment in Iran

Pensions & Investments - Schwarzenegger gets Iran divestment bill

CalPERS and CalSTRS would be required to divest from companies with ties to the energy and defense sectors in Iran if Gov. Arnold Schwarzenegger signs legislation the California state Senate passed on Thursday, said Chip Englander, chief of staff for Assemblyman Joel Anderson, who wrote the bill. The bill requires the $247.7 billion California Public Employees’ Retirement System and the $169 billion California State Teachers’ Retirement System, both in Sacramento, to divest stocks totaling about $2 billion and $1.4 billion, respectively. Mr. Schwarzenegger has until Oct. 14 to sign the bill. A call to the governor’s office was not returned before press time.

Iran scorns French warning of war

BBC NEWS

A warning by France's foreign minister that the world should prepare for war over Iran's nuclear programme has drawn a furious response in Iranian media. France was aping the US and its new president had "taken on American skin", the official Iranian news agency said. On Sunday Foreign Minister Bernard Kouchner said: "We have to prepare for the worst, and the worst is war." Iran's nuclear programme is to be debated in Vienna, Austria, at the UN nuclear watchdog's annual conference. Iran denies it is trying to acquire nuclear weapons, and says it only wants nuclear power to generate electricity for civilian purposes. But it has repeatedly rejected UN demands to give up the enrichment of uranium, which the US and other Western states fear is being diverted to a nuclear weapons project. 'Inflammatory' Mr Kouchner said negotiations with Iran should continue "right to the end", but that an Iranian nuclear weapon would pose "a real danger for the whole world".

Iran Vows to Use 'Smart' Bomb on Enemies

Breitbart.com

TEHRAN, Iran (AP) - Iran vowed Sunday to use a new 2,000-pound "smart" bomb against its enemies and unveiled mass production of the new weapon, state television reported. The government first announced development of the long-range guided bomb Thursday, saying it could be deployed by the country's aging U.S.-made F-4 and F-5 fighter jets. "We will use these (bombs) against our enemies when the time comes," Defense Minister Mostafa Mohammad Najjar said on state television Sunday. Iran often announces new weapons for its arsenal, but the United States maintains that while the Islamic Republic has made some strides, many of these statements are exaggerations. The broadcast included a brief clip of a fighter jet apparently dropping one of the bombs, which destroyed a target on the ground. The defense minister continued his threats as state television showed him unveiling a mass production line for the weapon in Tehran.

Why is Iran Shelling Iraq?

Time

Iraqi Kurdish media are reporting that the Iranian military is massing at the main border crossing into northern Iraq, possibly for an incursion against PEJAK. Clashes between PEJAK and the Iranians have been increasing steadily, and Iraqi Kurdish officials say that about 40 Iranian soldiers were killed on Saturday. Whether or not the Iranians attack, the timing of build-up is ominous. Last week, the United States announced that it may list Iran's Revolutionary Guard — a branch of the country's military — as a terrorist organization for supplying explosives to Shi'ite militias in Iraq for use against American soldiers. The statement was part of a growing White House campaign aimed at either intimidating the Iranian regime, or at building a case for an American strike against Iran. In that light, yesterday's shelling is a reminder that Iran has the ability to confront the U.S. not just on the streets of Baghdad but also in the one part Iraq so safe that there are hardly any American soldiers: Iraqi Kurdistan.

Diplomatic Showdown With Iran Intensifies

Washington Post

The United States has decided to designate Iran's Revolutionary Guard Corps, the country's 125,000-strong elite military branch, as a "specially designated global terrorist," according to U.S. officials, a move that allows Washington to target the group's business operations and finances. The Bush administration has chosen to move against the Revolutionary Guard Corps because of what U.S. officials have described as its growing involvement in Iraq and Afghanistan as well as its support for extremists throughout the Middle East, the sources said. The decision follows congressional pressure on the administration to toughen its stance against Tehran, as well as U.S. frustration with the ineffectiveness of U.N. resolutions against Iran's nuclear program, officials said.

Iraq Sunni Leader: Iran Backing "Genocide"

CBS News

(CBS/AP) Iraq's most senior Sunni politician issued a desperate appeal for Arab nations to help stop what he called an "unprecedented genocide campaign" by Shiite militias armed, trained and controlled by Iran. Adnan al-Dulaimi said "Persians" and "Safawis," Sunni terms for Iranian Shiites, were on the brink of total control in Baghdad and soon would threaten Sunni Arab regimes which predominate in the Mideast.

Our Mission: We want to stimulate thoughtful debate and presentation of controversial issues on radio and television news and public affairs shows by representing guests who have something to say, and who know how to say it.