U.S. sanctions on Iran, 'toughest ever,' take force Monday

Iranian Revolutionary Guards commander Major General Mohammad Ali Jafari speaks during a demonstration outside the former US embassy in the Iranian capital Tehran

Iran’s Khamenei Claims Victory over U.S. on Embassy Siege Anniversary ATTA KENARE AFP Getty 4 Nov 2018

A first round sanctions was imposed on the Middle Eastern country in August.

"In a single move, the United States is dealing a critical blow to Iran's entrenchment in Syria, Lebanon, Gaza, Iraq and Yemen".

However, President Donald Trump's personal lawyer, Rudy Giuliani, and National Security Adviser John Bolton both have made public statements supporting overthrowing Iran's theocratic Government.

Along with a continuous stream of worrying economic data out of China, and broader demand for energies seeing threats, U.S. crude oil sees a futures curve that has, up until now, forecast tightening expectations of tighter supply, and now forward-dated contracts are hinting that crude demand could be swept over by a tidal wave of supply in the months ahead.

ASSOCIATED PRESS As the Trump administration restored all sanctions lifted under the nuclear deal, demonstrators attended a rally in front of the former U.S. Embassy in Tehran, Iran on Sunday to mark the 39th anniversary of the seizure of the embassy by militant students. Trump announced the U.S.'s withdrawal from what he described as "the disgusting, one-sided" nuclear deal.

The renewed sanctions are designed "to paralyse (Iran's) economy and keep it backward".

"We are in regular contact with other signatories of the nuclear deal. setting up (a) mechanism to continue trade with the European Union will take time", Iran's Foreign Ministry spokesman Bahram Qasemi told a weekly news conference on in Tehran.

They carried placards that mocked President Donald Trump, wiped their feet on fake dollar bills, and engaged in the usual ritual of burning the USA flag.

The reimposition of sanctions "is aimed at depriving the regime of the revenues it uses to spread death and destruction around the world", Pompeo said.

Call of Duty: Black Ops 4 Receives New COD Microtransaction Currency
With the addition of microtransactions, however, many Black Ops 4 players aren't too happy, much as you'd expect. According to Polygon , the players of Black Ops 4 can now use COD points for buying tiers of the Black Market.

Sterling at the double as Man City hit Saints for six
Ever the perfectionist, Guardiola still saw enough to demand improvements. It is a tough league but it is important we are stable.

Wisconsin Girl Scouts, 1 adult killed in hit-and-run crash
The Minneapolis Star-Tribune reports the driver of the pickup that hit the group fled the scene but is now in police custody. The group was cleaning up trash along County Road P at the State Highway 29 overpass when they were struck around 11:40 a.m.

Before travelling to a campaign rally for the United States midterm elections, President Trump said Iran was already struggling under his administration's policies.

In addition, the Brussels-based Swift network for making worldwide payments is expected to cut off links with targeted Iranian institutions, isolating Iran from the global financial system.

In all, eight countries will receive temporary waivers to allow them to continue importing Iranian oil after the penalties take effect.

The UK, Germany and France - which are among the five countries still committed to the nuclear pact - have all objected to the sanctions.

Exports to India concurrently dropped, according to Bloomberg, while China, Tehran's biggest oil buyer, has not cut purchases.

What has the reaction been in Iran?

"There's a key fact here: in this 40-year challenge, the defeated is the USA and the victorious is the Islamic republic".

Iranian students stormed the US Embassy on November 6, 1979, shortly after the Islamic Revolution, taking 52 Americans hostage for 444 days. "Act on your commitments, and we will sit and talk", he said.

Latest News