Trump Announces 'Hard-hitting' Sanctions against Iran Aimed at Supreme Leader, Other Officials

Agencies
June 25, 2019

Washington, Jun 25: The United States on Monday imposed sanctions on Iran's supreme leader Ayatollah Ali Khamenei and a string of military chiefs, tightening pressure on the country that President Donald Trump threatened with "obliteration" if it seeks war.

Trump signed the punitive financial measures against in the Oval Office, calling this a "strong and proportionate response to Iran's increasingly provocative actions."

Repeating that "never can Iran have a nuclear weapon," Trump said it was now up to Tehran to negotiate.

"We do not ask for conflict," he said, adding that depending on Iran's response the sanctions could end tomorrow -- or it "can also be years from now".

Expanding on the new measures, the Treasury said the US will blacklist Iran's Foreign Minister Mohammad Javad Zarif and block "billions" more in Iranian assets, with eight top commanders from Iran's Revolutionary Guards already added to the list.

Tensions are running high after Iran shot down a US spy drone last week and Trump considered, then cancelled, a retaliatory strike.

Iran, crippled by existing US sanctions that include the blocking of most of its crucial oil exports, sought to play down the US move.

"Are there really any sanctions left that the United States has not imposed on our country recently or in the past 40 years?" Iran's foreign ministry spokesman Abbas Mousavi said shortly before Trump signed his order.

"We... do not consider them to have any impact," he said.

Amid a flurry of diplomatic activity, the US, Britain, Saudi Arabia and the United Arab Emirates urged "diplomatic solutions" in the standoff, which is playing out in a region crucial to the global economy's oil supplies.

French President Emmanuel Macron said he would use a meeting with Trump at the G20 summit in Japan to urge "a constructive solution with the aim of ensuring collective regional security."

The Kremlin, which has longstanding links to Iran's government, earlier called Monday's sanctions "illegal."

‘US policy clear’

At home, Trump has taken criticism for sending mixed messages to Iran. However, the US president insists he has a clear strategy that breaks firmly with past US policy in the tinderbox Middle East.

In a pair of tweets on Monday, Trump said US aims regarding Iran boil down to "No Nuclear Weapons and No Further Sponsoring of Terror."

On Sunday, Trump told an NBC television interview that if it came to war, Iran would experience "obliteration like you've never seen before."

Iran insists that it does not have a nuclear weapons programme. It signed onto an international pact in 2015 meant to ensure that its nuclear industry sticks to civilian uses. Trump, however, pulled the US out of the deal in 2017, seeking its collapse.

But while some in Washington see the White House's ultimate goal as regime change in Tehran, Trump says he wants to avoid war and that he's open to negotiations with Iran's leaders.

He also insists that Washington's hands are freer than in the past because its own energy production frees it of dependence on Middle Eastern oil.

This means the US should no longer be seen as the guarantor of open sea lanes in the Gulf region, which saw two mysterious attacks in mid-June on non-US tankers that Washington claims were carried out by Tehran.

"All of these countries should be protecting their own ships," Trump tweeted on Monday. "We don't even need to be there."

So far, Trump's carrot-and-stick message does not seem to be getting through to Tehran.

"America's claim of readiness for unconditional negotiation is not acceptable with the continuation of threats and sanctions," Hesamodin Ashna, an advisor to Iran's President Hassan Rouhani, said Monday on Twitter.

International diplomacy

The dispute is bound up in a complex web of regional rivalries, with US allies Saudi Arabia and Israel long pushing Washington to act aggressively against Iran.

Israel's Prime Minister Benjamin Netanyahu warned his country, which is widely believed to have an undeclared nuclear arsenal, would do "everything" to stop Iran getting such a weapon.

In New York, the UN Security Council was to meet later on Monday at the request of the US to discuss the tensions.

US Secretary of State Mike Pompeo travelled on Monday to meet with Saudi leaders to build what he called a "global coalition" against the Islamic republic. Pompeo met Saudi King Salman and Crown Prince Mohammed bin Salman in the Red Sea city of Jeddah and was later due to hold talks in the UAE.

The sultanate of Oman, meanwhile, said reports that it had served as a back channel for the US to Iran in the aftermath of last week's drone shooting were "not true."

The foreign ministry called on Iran and the US via Twitter "to show self-control and to resolve the pending issues through dialogue."

Although Trump backed away from a bombing strike in retaliation for last week's drone downing, US media reports said a US cyber attack took place against Iranian missile control systems and a spy network.

On Monday, Iranian Telecommunications Minister Mohammad Javad Azari Jahromi said no cyber attack against his country had ever succeeded.

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News Network
February 14,2020

London, Feb 14: Five years ago Britain’s new finance minister Rishi Sunak wasn’t even a member of parliament and now he is running the world's fifth largest economy.

The 39-year-old former Goldman Sachs banker was appointed in dramatic fashion on Thursday when incumbent Sajid Javid unexpectedly quit — in a row over advisers — during what Downing Street had cast as a routine ministerial reshuffle.

Sunak is married to the daughter of Infosys co-founder NR Narayana Murthy, and was hand-picked to take over an ultra-safe seat in northern England, previously represented by former Conservative Party leader William Hague. The Murthy family was not reachable for comment.

In July, when he was promoted chief secretary to the Treasury, Murthy had said: “Our advice to our children, including Rishi, has been to work hard, be honest, and do good for society…We wish him well.”

After Thursday’s announcement, Sunak said: “Delighted to be appointed... Lots to get on with.”

Tipped for Promotion

As Boris Johnson moves to increase control of the finance ministry, one of the youngest chancellors in history will face a prime minister who wants to increase government spending on everything from infrastructure and police to health and education.

Sunak, seen as a rising star in the ruling Conservative Party since he entered Parliament in 2015, had been tipped for promotion to a senior post in the ministerial rejig as Johnson put together his post-Brexit cabinet.

But, despite an already rapid ascent through the ranks of government, few expected the Oxford University Politics, Philosophy and Economics graduate to ascend to one of the highest offices in the land.

Sunak had been serving as Javid’s deputy in the finance ministry since Johnson promoted him upon taking office in July 2019. Prior to that he had served as a junior housing minister.

“From working in my mum’s tiny chemist shop to my experience building large businesses, I have seen first-hand how politicians should support free enterprise and innovation to ensure our future prosperity,” Sunak says on his website.

Smooth and loyal

Seen as a smooth media performer and ultra-loyal member of the Conservative Party, Sunak has been used by the government to present and defend their policies in television interviews — a sign of trust from Johnson, who has a fraught relationship with Britain’s media.

Sunak takes control at a critical juncture for Britain’s $2.7 trillion economy. He will have to steer the economy through the turbulence of leaving the European Union and the forging of new trade links that will define Britain’s new relationship with the world.

However, the power struggle that forced his predecessor Javid to quit hints at a more diminished role for what is the second most powerful position in the government — with Johnson’s office wanting to centralise control and minimise dissent.

Sunak is one of the three ministers of Indian origin in Johnson’s cabinet, the other two being Priti Patel and Alok Sharma. Patel remains the interior minister after the cabinet reshuffle while Sharma, a former minister for international development, was appointed the new minister for business. Sunak’s father was a doctor and his mother ran a chemist shop. Before entering politics he worked for Goldman Sachs and a hedge fund, then co-founded an investment firm. He also has an MBA from Stanford University.

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News Network
March 6,2020

Mumbai, Mar 6: Harried Yes Bank depositors rushed to ATMs to withdraw cash but faced multitude of problems including closed down machines and long queues, after the RBI placed the bank under a moratorium, capping maximum withdrawals at Rs 50,000 per account for a month.

Aggravating the problems of depositors were difficulties accessing the internet banking channel, which ensured that they can't transfer the funds online as well. At an ATM in south Mumbai's Horniman Circle, with the RBI headquarters overlooking it, the shutters were pulled down.

The guard on duty said the machine was non-operational before he reported to work late in the evening and he was ordered to shut it after 2200 hrs. In the residential area of suburban Chembur, one ATM was dispensing cash but had a long queue of anxious depositors.

One man said it was still possible to withdraw up to Rs 50,000 in multiple transactions from the machine.

However, another machine nearby had run dry within minutes of the RBI announcement, a woman said.

The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender.

For the next month, Yes Bank will be led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.

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News Network
June 22,2020

The Hague, Jun 22: Finding inner peace is crucial for the armed forces and yoga is a beautiful way to find the balance, Dutch Defence Minister Ank Bijleveld has said, thanking India for the "wonderful gift" to the world.

Yoga has been gaining global popularity in recent years for the many benefits it has on one's physiology, psychology and spirituality.

Bijleveld participated in the online International Yoga Day celebrations organised by the Indian Embassy here on Sunday.

"The minister thanked India for the wonderful gift of yoga to the world," a statement issued by the embassy said on Monday.

She said finding inner peace is crucial for a man and woman in uniform and yoga is a beautiful way to find the balance, it noted.

Bijleveld said yoga has formed a part of the training for the Dutch armed forces for the last 15 years and there are 130 yoga instructors.

The representatives of the Dutch Army joined by the Dutch Police personnel demonstrated their yoga skills as part of the online celebrations, the statement said.

The sixth International Yoga Day celebrations was streamed to 145,000 followers of the embassy's Facebook, Twitter, Instagram and YouTube channels as well as on its website. It was also streamed on the website of the non-profit foundation Stichting International Yoga Day.

Ambassador of India to The Netherlands Venu Rajamony inaugurated the celebrations. This was followed by Prime Minister Narendra Modi's video message and 3D animated videos of yoga with him.

The event was participated by a host of prominent Dutch and Indian personalities, including Ambassadors of various countries based in The Hague.

Dutch actress Afke Reijenga, extreme sportsman Wim Hof -- popularly known as 'The Iceman' and singers Charlie Dee and Anouk Maas were amongst the Dutch celebrities who participated in the event, the statement said.

Messages and artistic contributions by spiritual leader Sri Sri Ravi Shankar, internationally acclaimed flautist Pandit Hariprasad Chaurasia, violin maestro L Subramaniam, playback singers Kavita Krishnamurthy and Vijay Prakash, chess grandmaster Viswanathan Anand and film stars Raadhika, Sarathkumar and Bhumika Chawla featured in the programme.

Cricketer Suresh Raina, tennis stars Ramesh Krishnan and Rohan Bopanna, yoga guru and artist Bharat Thakur, Olympic ice skater Vishwaraj Jadeja and Michelin star chef Vikas Khanna also featured in the event.

The programme included a Kathak recital on 'Ayush' choreographed by Dutch choreographer Leo Spreksel and performed by eminent Kathak dancers Hari and Chetna with Sirisha.

It also showcased Hollywood and Bollywood celebrities who have made yoga a part of their lives.

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