The White House has delayed imposing new financial sanctions on Iran over its ballistic-missile program, according to a report by the Wall Street Journal on Thursday. The shift in thinking appears to come after the Iranian President, Hassan Rouhani, ordered his defense minister to accelerate the country’s ballistic missile program and threatened to intensify its missile capacity as a reprisal to the impending sanctions.
On Thursday, we detailed the Obama administration’s plan to impose fresh sanctions on Iran in connection with the test-firing of Tehran’s next-generation, surface-to-surface ballistic missile the Emad back in October.
While the launch did not technically violate the nuclear accord (on which the ink is barely dry), it did run afoul of a UN Security Council resolution on developing and testing missiles capable of delivering nuclear warheads. That prompted some US lawmakers to call for new penalties against the country just as international sanctions are set to be lifted.
Elections, elections, and more elections is the 'change' meme for 2016 but, as Bloomberg details, the key events of the year ahead vary from a California marijuana referendum to Brazil's Olympics, and from Davos to SCOTUS. No matter what, 2016 holds a lot of opportunity for volatility, and without The Fed's safety net, who knows what that means for markets...
Here's a selected calendar of key events for the year.
Submitted by Carey Wedler via TheAntiMedia.org,In 2015, the iron fist of power clamped down on humanity, from warfare to terrorism (I repeat myself) to surveillance, police brutality, and corporate hegemony. The environment was repeatedly decimated, the health of citizens was constantly put at risk, and the justice system and media alike were perverted to serve the interests of the powers that be.
Earlier today, we outlined Washington's plan to slap new sanctions on Iran in connection the October test-firing of Tehran's next generation, surface-to-surface ballistic-missile Emad.
Although the launch itself apparently didn't violate the letter of the nuclear deal, it did violate a UN ban on developing missiles capable of carrying nuclear weapons. That triggered an outcry from some members of Congress who feel that the Emad launch amounted to a slap in the face for both the US and Israel considering the ink is barely dry on the nuke accord.