“The United States and European Union have imposed tough sanctions on Iran that have weakened its economy. But Tehran has found ways to bypass the penalties, such as Turkey’s use of gold to pay for Iranian natural gas imports. The Menendez-Kirk measure would allow the president to impose sanctions in cases of the sale or transfer of precious metals, targeting efforts by Iran to circumvent the penalties.”
Related posts:
American Airlines cutting 1,700 jobs in Tulsa, Fort Worth
Interpol issues global security alert after prison breaks
McCain calls Paul, Cruz, Amash ‘wacko birds’ after CIA director filibuster
ACLU challenges constitutionality of NSA phone surveillance program
Unemployment crisis in Italy hits immigrants the worst
Wave of dozens of player arrests continues to plague NFL
Teenagers buying China stocks may indicate serious bubble
In Gold’s Own Country
Nearly half of US doctors struggling with burnout
As iron ore prices fall 60%, mining companies worldwide risk closure
Indians urged to recycle stashed gold
Senate bill rewrite lets feds read your e-mail without warrants
Mass escape from Brazilian prison after women seduce guards
Puerto Rico’s crisis illustrates the risks of minimum wage hikes
ECB's Weidmann: pressure on central banks risks FX competition