May 25, 2013
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The week's top five must-sees,
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Description
Numerous governments and multinational entities impose sanctions against Iran, which are commonly used to bar nuclear and military exports to the country.
The United States originally imposed sanctions against Iran following the Iranian Revolution of 1979, expanded them to include firms dealing with the Iranian regime in 1995, and further tightened restrictions alongside other international entities from 2006 on due to its alleged nuclear weapons program. American sanctions initially targeted investments in oil, gas and petrochemicals, exports of refined petroleum products, and business dealings with the Iranian Republican Guard Corps. In recent years, US Congress has dramatically expanded the range of activities subject to sanctions, going beyond investments in Iranian petroleum and gas production to include simple purchases of Iranian crude oil and almost all financial transactions. This encompasses banking and insurance transactions, shipping, web-hosting services for commercial endeavors, and domain name registration services. Congress has also increased the penalties that can be imposed on offending entities, such as cutting them off from the US financial system. Secondary sanctions against corporations have reduced the willingness of companies and banks in many countries to do business with Iran.
(via Freebase)
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![Iranian riot police clash with demonstrators during currency crisis protests in Tehran [BBC Arabic, UK]](/images/image_cache/base-11545000/11545252/thumbnail.width=304,height=171,grow=1,crop=center.jpg?sig=17ba038a33b25b6102cf5f4dbb353b9c)
![Iranian currency plummets to all-time low [IBA, Israel]](/images/image_cache/base-11429000/11429551/thumbnail.width=304,height=171,grow=1,crop=center.jpg?sig=16e777a0b55f0d820918a3d922e80bc8)
![Iran oil exports cut by 50 percent in the past year [IBA, Israel]](/images/image_cache/base-11213000/11213548/thumbnail.width=304,height=171,grow=1,crop=center.jpg?sig=8fe8e55f621f4f96239419b461aacd35)
![Ban Ki-moon warns Iranian president against 'fiery rhetoric' at UN meeting [IBA, Israel]](/images/image_cache/base-11022000/11022993/thumbnail.width=304,height=171,grow=1,crop=center.jpg?sig=2b2ba1c41dc34971273358fbdf639eaa)
![Israeli Labor Party leader meets with France's Socialist Party president in Paris [IBA, Israel]](/images/image_cache/base-9342000/9342545/thumbnail.width=304,height=171,grow=1,crop=center.jpg?sig=acb9e900f2a7c94d4460b69842a9c629)
![Khamenei says Iran's path is undeterred by new US sanctions [Al-Alam, Iran]](/images/image_cache/base-8131000/8131344/thumbnail.width=304,height=171,grow=1,crop=center.jpg?sig=3c30913077173e898f9335e1f2c358aa "Iran's Supreme Leader Ayatollah Ali Khamenei attends a meeting with Iranian nuclear scientists and managers in Tehran February 22, 2012: REUTERS/Khamenei.ir/Handout")
![Ehud Barak: Striking Iran before it is 'fully armed' would be far less dangerous [IBA, Israel]](/images/image_cache/base-7764000/7764647/thumbnail.width=304,height=171,grow=1,crop=center.jpg?sig=840f712b67a499435aa2dd6e9bfa6d37)
![Sanctions take toll on Iranian people as they protest rising price of chicken [BBC Arabic, UK]](/images/image_cache/base-7640000/7640157/thumbnail.width=304,height=171,grow=1,crop=center.jpg?sig=a1adff6a708b7f102158dd39d5f4ed20)
![Iran tests long-range ballistic missiles in response to growing Western threats [Al Jazeera, Qatar]](/images/image_cache/base-6654000/6654924/thumbnail.width=304,height=171,grow=1,crop=center.jpg?sig=8f95455a47fe49bb87fc157ac47181d9 "A military truck carrying a Shahab-3 missile drives by during a military parade commemorating the anniversary of the start of the 1980-1988 Iran-Iraq war, in Tehran September 21, 2008: REUTERS/Morteza Nikoubazl")
![European Union to impose unilateral sanctions against Iran on July 1 [Press TV, Iran]](/images/image_cache/base-6242000/6242061/thumbnail.width=304,height=171,grow=1,crop=center.jpg?sig=5bef756c20d61170eea7bd3a4fb8e051)
