United States imposes sanctions on Iran central bank governor

Central Bank of Iran waits to start a meeting with Britain's Foreign Secretary Philip Hammond (unse

Seif is also under attack inside Iran.

The United States on Tuesday imposed sanctions on Iran's central bank governor and an Iraq-based bank for "moving millions of dollars" for Iran's elite Revolutionary Guard, as Washington seeks to cut off funding it says Tehran is using to fund militant activities overseas.

The Treasury said that Seif undermined the central bank's credibility by routing millions of dollars from the Quds Force, the expeditionary unit of Iran's hardline Revolutionary Guards, to al-Bilad Islamic Bank.

"The United States will withdraw from the Iran nuclear deal", Trump said, calling the deal "defective at its core" and a "disastrous deal" that gave the Iranian "regime of great terror" billions of dollars.

Tuesday's action seeks to cut off what the U.S. called a "critical" banking network for Iran and deny those blacklisted access to the global financial system.

The U.S. sanctions got here as Iranian International Minister Mohammad Javad Zarif was assembly in Brussels with the highest French, British and German diplomats because the Europeans search to maintain Iran from bailing on the nuclear deal.

The Trump administration designated the head of Iran's central bank a terrorist Tuesday, slapping on sanctions meant to further isolate Iran from the global financial system.

More news: 23 missing after boat carrying 40 capsizes in Andhra Pradesh's Godavari river

Since leaving the deal, the Trump administration's plan has been to reimpose the sanctions lifted under the deal while also imposing secondary sanctions against countries that choose to trade with Iran.

President Trump just last week announced that the us was withdrawing from the "defective" Iran nuclear deal and imposing the "highest level" economic sanctions on the country. That signifies that anybody, in any nation, who does enterprise with Seif or Tarzali might themselves be punished with sanctions, reducing them off from the US monetary system.

Though the sanctions don't technically lengthen to the central financial institution itself, they might considerably improve Iran's isolation from the worldwide monetary system.

On Thursday, the Treasury announced sanctions against a "large-scale" currency exchange network serving the Revolutionary Guards, hitting six individuals and three companies at the centre of the network.

At the time, the U.S. singled out the Central Bank of Iran as "complicit" in the operation, foreshadowing Tuesday's action.

Trump had threatened for more than a year to abandon the deal. These funds had been then used to "enrich and help the violent and radical agenda of Hezbollah", Treasury mentioned. Hezbollah fought a war with Israel in 2006, and Israeli officials have been deeply concerned about the prospect of another confrontation.

Related News:

  • Two-thirds of Brits not interested in royal wedding

    Two-thirds of Brits not interested in royal wedding

    The very fact that the Harry is marrying Meghan in the first place shows that outdated traditions can indeed be retired. Palace officials said last week that Meghan Markle's parents would have central roles in the wedding ceremony.
    YouTube's New Feature Reminds You To Stop Binge-Watching

    YouTube's New Feature Reminds You To Stop Binge-Watching

    To use the feature, you simply have to select the floating microphone icon when you see it in the YouTube app and say a command. Going Incognito works in the same way as it does on Chrome, preventing any activity from showing up in the browsing history.
    NASS increases 2018 budget from N8.612tn to N9.120tn

    NASS increases 2018 budget from N8.612tn to N9.120tn

    The report of the Senate Committee on Appropriations chaired by Senator Danjuma Goje is number six items on today's order paper. Details in the report indicates that the National Assembly increased the 2018 budget from N8.6 trillion to N9.120 trillion.
  • Things You Might Have Missed From Last Night's WWE Raw

    Things You Might Have Missed From Last Night's WWE Raw

    The two go back and forth throughout the duration match. the lengthy match ends when Rollins hit Owens with a Curb Stomp. At the tapings, it was revealed that Alexa Bliss has been added to the women's Money in the Bank Ladder Match.
    Iraq election: Shia rivals of PM Abadi 'make gains'

    Iraq election: Shia rivals of PM Abadi 'make gains'

    The Saudi Minister of the States of the Persian Gulf tamer al-Sabhan congratulated Iraq on the successful elections. Iraq's complex electoral system means that the final make-up of the 329 seat parliament is still far from decided.
    Anne Frank's 'Dirty Jokes' Have Been Uncovered From Her Diary

    Anne Frank's 'Dirty Jokes' Have Been Uncovered From Her Diary

    The young Jew, then aged 13, and her family had only been in hiding from the Nazis in Amsterdam for two months. Her diary was published two years later and has been read worldwide and translated into at least 60 languages.
  • Facebook suspends 200 apps over possible data misuse

    Facebook suspends 200 apps over possible data misuse

    The users of said accounts allegedly used a popular personality app which includes answering questionnaires. Six million people completed the quiz, with some opting to share their Facebook data with the app.
    Mike Pompeo: US wants to work with Europe on new Iran deal

    Mike Pompeo: US wants to work with Europe on new Iran deal

    Zarif's delicate diplomatic mission has been complicated by reports of clashes between Iranian and Israeli forces in Syria. Such willful ignorance led to the misbegotten Iraq War, and now could drag the United States into a war with Tehran.
    Boeing: WTO Ruling Could Lead To Biggest Retaliatory Tariffs Ever

    Boeing: WTO Ruling Could Lead To Biggest Retaliatory Tariffs Ever

    Airbus disputes those numbers, saying they overstate the amount of support embedded in the contested loans. That figure includes the many subsidies that the WTO said were lawful.
  • Apple has over 50 self-driving cars on California roads

    Apple has over 50 self-driving cars on California roads

    Apple has increased the size of its self-driving test fleet to 55 vehicles in California , according to macReports . Apple has more self-driving cars in California than Tesla , Waymo , Uber, Toyota, BMW, and Mercedes-Benz.
    Eleven Premier League records Manchester City smashed in title-winning season

    Eleven Premier League records Manchester City smashed in title-winning season

    Or perhaps one of the other big-spending sides of the Premier League era may have managed it. They're probably embarrassed by the season they've had because it's a quality squad.
    Joe Hart Won't Be Part Of England's 23 Man World Cup Squad

    Joe Hart Won't Be Part Of England's 23 Man World Cup Squad

    Delph's inclusion follows a season in which he has been successfully remodelled as a left-back at City by Pep Guardiola . We have seen a few countries, for instance, the five-time champions, Brazil, who have already named their squads.


Most liked

Jason Witten: Packers a 'great spot' for Dez Bryant
The Packers drafted three receivers, including Missouri's J'Mon Moore, during the third day of the National Football League draft. Something the Packers can certainly offer with the roughly estimated $16 million in cap space they have, per Over the Cap .

Second Durham rugby player dies in Sri Lanka
Durham City Rugby Football Club, which oversees the team, confirmed Mr Howard had died after "suffering breathing problems". The players, both from Durham, were on tour with one of the club's teams called the Clems Pirates.

Rachael DelTondo, 32-Year-Old Teacher Fatally Shot in Aliquippa
However, she was reportedly suspended last fall following allegations from a former Aliquippa High School student's mother. She defended herself at the time by saying that the pair were just talking and that the teen was no longer a student.

PH govt in no hurry to make Anwar PM
He was scheduled to be released from the Sungai Buloh prison on June 8 on good behaviour. He and his supporters have said the charges are politically motivated.

Trump visits first lady in hospital for second straight day
Trump, 48, was last seen in public on Wednesday at a White House event to honor military mothers and spouses. A Slovenia-born former model, Melania married Trump in 2005.

Cardinals not anxious by 2nd-rounder Kirk's pre-draft arrest
According to azcentral.com, before this spring's draft, Kirk was arrested.at the Waste Management Phoenix Open, of all places. The Cardinals drafted Kirk in the second round.

Alan Shearer doesn't buy Mike Ashley's very defensive end of season statement
Has Newcastle manager Rafa Benitez given hope to Everton and West Ham of signing him? My priority is to stay in England .

Amber Alert Issued for Oklahoma Girl Considered to Be in Considerable Danger
The 9-year-old woman fled to a close-by residence, the place a few of her prolonged household stay, and known as for assist. On Tuesday morning, police described her condition as "very severe" and said she was unconscious and underwent intubation.

The Right Stuff Author Tom Wolfe Dies at 88
Indeed, he became famous for using "novelistic techniques in his nonfiction", a hybrid that became known as the New Journalism . Wolfe critiqued art critics in The Painted Word in 1975, and the architectural decline in From Bauhaus to Our House in 1981.

Nudity, hate speech and spam: Facebook reveals how much content it kills
Current estimates by the firm suggest 3-4% of active Facebook accounts on the site between October 2017 and March were fake. Facebook representatives are expected to travel across the globe to participate in summits in different cities.

Google's Pixel Buds finally let you skip tracks with a double tap
In an announcement on its blog , Google has revealed several new ways that users can interact with their Pixel Buds . During I/O 2018, the Google app gained the ability to customize what notifications get sent to Assistant headphones.

GOP Governors Urge Nobel Committee to Consider Trump
Henry McMaster has organized a group of US governors in an effort to get the Nobel Peace Prize awarded to President Donald Trump . Then the state's lieutenant governor, the longtime SC politician became governor when Trump picked then-Gov.

Another Airline Is Cracking Down On Emotional Support Animals
AA will also begin enforcing an existing 48-hour advanced notice and pre-clearance policy for emotional support animals. Passengers will now have to notify the carrier 48 hours in advance and then sign a waiver.

World Health Organization urges ban on industrial trans-fats by 2023
Those fats are often found in common fried foods, fast food and snacks, and sometimes in desserts as well, according to the WHO . Invented at the turn of the last century, trans fatty acids are created by changing the molecular structure of vegetable oils.

Police praise Wis. high school for 'best senior prank'
We know from experience that some schools would chase down the offenders, expel them, and deny them the opportunity to graduate. The students at Cumberland High School put the back half of an old auto up against the exterior of the building.