Iran needs to be essentially blacklisted from participating in the international financial system after the regime’s refusal to implement restrictions against terrorist financing, an international watchdog group said February 21. The Paris-based Financial Action Task Force (FATF) had given Iran’s regime a February deadline to enact restrictions against money laundering and terrorist financing. But the …
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Iran remains the world’s leading state sponsor of terrorism, carrying out attacks and other destabilizing activities through its Islamic Revolutionary Guard Corps and the corps’ specialized military unit called Quds Force (IRGC–QF). A major focus of U.S. sanctions is cutting off revenue streams to this group. In May, the U.S. and the United Arab Emirates together took action to …
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Sanctions have long offered an option for U.S. policymakers to leverage negotiations and alter the behavior of a foreign nation or a specific group of people without military conflict. The U.S. has used sanctions dozens of times throughout the last two centuries and has continued to improve upon their application. Sanctions are meant to impose …
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