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U.S Announces New Sanctions on Iran’s Financial Sector

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U.S Announces New Sanctions on Iran’s Financial Sector

The Trump administration announced sweeping new sanctions on Iran’s financial sector, a move intended to choke off the country’s economy from the rest of the world and raise pressure on its government to enter a new deal constraining its nuclear program.

Under the measures, by the country’s treasury department, the administration blacklisted 18 banks in Iran that have so far escaped some U.S  restrictions, using authorities designed to punish entities associated with terrorism, ballistic-missile development, and human-rights abuses.

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The Iranian financial sector was also designated as off-limits under an executive order that Donald Trump signed in January.

The new sanctions were revealed in a web posting by the office of foreign assets control.

They had been telegraphed in advance by U.S officials, who have been weighing the move for weeks.

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Foreign

Joe Biden Sworn in as 46th U.S President

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Joe Biden Sworn in As 46th US President

Joe Biden has been sworn in as the 46th United States president as Harris becomes the Vice President.

She is America’s first female and first black Asian-American person to hold the office.

Biden took his oath of office on Wednesday at the capitol in Washington D.C.

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Chief Justice, John Roberts junior, administered the pledge at exactly 11:48am eastern time.

In his Inaugural address, Mr. Biden said it was a day of “history and hope”.

“my whole soul is in putting America back together again”.

Outgoing President, Donald Trump, did not attend the ceremony.

Meanwhile, former presidents, Bill Clinton, George Bush junior, Barack Obama and their wives were in attendance.

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Foreign

Turkish Court Sentences Kurdish Former Member of Parliament to Jail

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Turkish court sentences Kurdish former MP to 22 years in jail

A Turkish court has sentenced Kurdish former lawmaker, Leyla Guven to more than 22 years in jail on terror-related charges.

Leyla Guven, who was stripped of her parliamentary immunity in June, was convicted of membership of a “terror group” and disseminating “terror propaganda” for outlawed Kurdish armed groups.

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On Monday, Guven was given 14 years and three months in jail on a charge of membership of a “terrorist organization” and an additional eight years for two separate charges of disseminating “terrorist propaganda”.

Guven was not present at the court hearing in the predominantly Kurdish southeastern city of Diyarbakir, and her whereabouts were not immediately clear.

The court however, ordered Guven’s immediate arrest.

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International (Global)

Burundi’s Former President Pierre Buyoya, Dies at 71.

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Pierre-Buyoya Burundi

Burundi’s Former President Pierre Buyoya, has died at age 71.

Buyoya served as President twice, from 1987-1993 and then 1996-2003.

His death comes three weeks after his resignation from the position of the high representative of the African Union for Mali and the Sahel region.

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Announcing his resignation, Buyoya said he needed time to focus on legal battles back home, following his trial in absentia and sentencing to life in prison.

Burundi’s top court sentenced Buyoya to life imprisonment in late October 2020, for alleged assassination of President Melchior Ndadaye who had won the 1993 elections.

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