Sanctions noose tightens on Iran

A man takes a glance at a newspaper with a picture of US president Donald Trump on the front page in this July 31, 2018 photo. Iran has been gripped by protests countrywide amid an economic crisis that is expected to worsen as economic sanctions by the US take effect Monday, August 6, 2018. (AFP/ATTA KENARE)
Updated 06 August 2018
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Sanctions noose tightens on Iran

  • New penalties begin today ... with more to follow in November 
  • Trump withdrew US support for a 2015 deal under which sanctions would be lifted in return for curbs to Iran’s nuclear program

LONDON: Iran is staring into the economic abyss as the US today restores crippling sanctions that have already sparked protests countrywide and sent the value of the Iranian rial tumbling.

The US Treasury Department’s new sanctions are wide-ranging and block Tehran from acquiring US dollars, and trading in gold and other precious and industrial metals. 

They also cover the automotive sector and debt markets — effectively preventing the country from seeking relief at home by raising international capital. The measures even extend to the sale of pistachio nuts and Persian rugs. Further sanctions targeting the banking and energy sectors will follow on Nov. 4.

US Secretary of State Mike Pompeo said Iran had treated its people “very poorly” as he wrapped up a three-day trip to Southeast Asia in Indonesia.

“President Trump has always said he is prepared to talk, but it’s important that Iran has to be committed to changing its ways in order for those discussions to prove of any value,” he said.

The crisis has led to protests around the country demanding regime change. Iranians complain that they face economic deprivation while their government squanders cash on military adventures in Lebanon, Syria and Yemen. 

Iran has witnessed angry protests over the past week over rampant inflation that is being made worse by the weakening of the Iranian currency.

Footage posted online showed people in Tehran shouting: “Death to the dictator,” in a reference to supreme leader Ayatollah Ali Khamenei.

President Donald Trump announced in May that the US was withdrawing from an international accord struck in 2015 under which sanctions would be lifted in return for curbs to Iran’s nuclear program.

Meanwhile corporations have been racing to finalize deals before sanctions resumed and Iran bought five new commercial planes on Sunday. The ATR72-600 aircraft are made by a company jointly owned by European consortium Airbus and Italy’s Leonardo.

Tensions have risen in the Arabian Gulf and the Islamic Revolutionary Guard Corps confirmed on Sunday they had held war games in the region in recent days. A US military spokesman said they had detected increased Iranian naval activity in the Gulf. 

 


How one displaced family in Gaza is observing Ramadan’s first day under a fragile ceasefire deal

Updated 57 min 48 sec ago
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How one displaced family in Gaza is observing Ramadan’s first day under a fragile ceasefire deal

  • Al Zamli said the war has deprived him and his family of many things

KHAN YOUNIS, Gaza Strip: Waleed Al Zamli longingly recalled the joys and traditions of the first day of Ramadan before the Israel-Hamas war had drastically altered his life: Lanterns for the children. Sweets. Special dishes.
“Before the war, we would greet it with happiness,” the father of 11 said, speaking from Muwasi, an area crowded with tents sheltering Palestinians who were forced by the Israeli military offensive to flee their homes.
Not anymore, he said.
It saddens and pains him that he’s unable to provide for his family, which now ekes out an existence in displacement. Al Zamli lost his job after the shop where he had worked was destroyed, he said.
So, for the first Ramadan “iftar,” the fast-breaking meal, his wife picked up meals Wednesday from a charity kitchen that the family has heavily depended on. She made soup to go with it.
“This year, there’s no happiness,” al Zamli said.
Hardships and losses dampen Ramadan’s spirit for many
Ramadan arrived in Gaza under a fragile ceasefire deal, but many Palestinians there say the month’s typically festive spirit is eluding them as they grapple with the hardships of their daily lives and the grief and losses of the war.
Some of these difficulties were on display at the charity kitchen where dozens crowded, many with their arms outstretched as they vied for a spot and held empty pots. They included children, women and elderly people.
During Ramadan, observant Muslims fast daily from dawn to sunset. It’s a time for increased worship, religious reflection and charity. In normal circumstances, the month often brings families and friends together to break their fast in joyous gatherings.
But circumstances in Gaza are far from normal. Israel’s military offensive has killed more than 72,000 Palestinians, according to Gaza’s Health Ministry, and caused widespread destruction and displaced most of the territory’s residents. Israel launched the offensive after Hamas-led militants killed some 1,200 people, mostly civilians, and took another 251 hostage in their attack on Oct. 7, 2023.
For al Zamli, the biggest challenge this Ramadan is providing food for his family. He said he’s received limited aid. Foods, like meat and poultry, are more expensive than their prewar prices, he said, and with no income many items are beyond his reach.
“The children want to feel happy like other people’s children, to get dressed and to eat something clean and special,” he said.
The financial strain can be especially amplified during Ramadan, he said. Typically, many shoppers throng to markets to stock up on food staples and buy decor and other supplies. Food can play a central role as the daily fasting gives way to nourishing, and for some elaborate, iftar meals. Muslims also eat a predawn meal known as “suhoor” to nurture their bodies ahead of the fast.
As Gaza residents visited markets this week, some lamented how economic woes cast a pall on the month.
Ramadan decorations among the ruins
Still, amid the struggles, some in the Gaza Strip have worked to bring a taste of the month’s festivities — for example, hanging strands of Ramadan decorations among the ruins. At their displacement camp, al Zamli’s children played with empty soda cans fashioned to look like Ramadan lanterns.
The Oct. 10 US-brokered ceasefire deal attempted to halt more than two years of war between Israel and Hamas. While the heaviest fighting has subsided, the ceasefire has seen almost daily Israeli fire.
Israeli forces have carried out repeated airstrikes and frequently fire on Palestinians near military-held zones, killing more than 600 Palestinians, according to Gaza health officials. The ministry, which is part of the Hamas-led government, maintains detailed casualty records that are seen as generally reliable by UN agencies and independent experts. But it does not distinguish between civilians and militants.
Militants have carried out shooting attacks on Israeli troops, and Israel says its strikes are in response to that and other violations. Four Israeli soldiers have been killed.
Despite some much-needed respite under the shaky ceasefire deal, many daily struggles, big and small, persisted.
Al Zamli said the war has deprived him and his family of many things. A son-in-law, he said, was killed, shortly after he married his now-widowed daughter.
This Ramadan, he will pray “for the bloodshed to end … and to feel security, safety, and tranquility” and “to be able to provide good food and clothes for our children.”