• Simple economics show how Trump is beating up on Iran without firing a shot

    3 monthes ago - By Business Insider

    President Donald Trump on Monday announced new sanctions targeted at Iran's top leadership and those thought responsible for downing a US drone flying near the country.
    Iranians have complained of feeling their "bones breaking" under enormous and effective Trump-imposed sanctions.
    Iran downed a $130 million US drone recently, but under Trump's sanctions, the country is likely losing more than $120 million a day in June.
    Trump has so far declined to go to war with Iran or carry out military strikes, and seems happy to let the country simply suffer under economic warfare until they take the...
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  • Trump Sanctions Iran's Supreme Leader in Provocative Move

    Trump Sanctions Iran's Supreme Leader in Provocative Move

    3 monthes ago - By Fortune

    President Donald Trump imposed sanctions on Iran's supreme leader, Ayatollah Ali Khamenei, and eight senior military commanders, a provocative step designed to increase pressure on the Islamic Republic.
    Trump told reporters at the White House on Monday that the penalties would deny Khamenei and his office access to financial resources.
    "The supreme leader of Iran is the one who ultimately is responsible for the hostile conduct of the regime ," Trump said.
    Trump last week abruptly canceled planned air strikes against Iran for shooting down a U.S. Navy drone on Thursday. The administration...
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  • Iran is threatening to shoot down more American drones as the US turns up the pressure on Tehran with new sanctions

    Iran is threatening to shoot down more American drones as the US turns up the pressure on Tehran with new sanctions

    3 monthes ago - By Chron

    Iranian Defense Ministry via AP
    Iranian generals, commanders of the elite Islamic Revolutionary Guard Corps , are warning that Iran will shoot down more US drones if they enter Iranian airspace, a violation that the US has repeatedly denied.
    "We possess a collection of US drones... If such an aggression is repeated, we will add other US products to complete this collection," one commander told Iranian media.
    The latest threat follows an incident last week in which Iran shot down a US Navy Broad Area Maritime Surveillance intelligence, surveillance, and reconnaissance aircraft, specifically...
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  • Trump Expected To Impose More Sanctions On Iran

    3 monthes ago - By NPR

    President Trump is set to announce new sanctions to maximize pressure on Iran to limit its nuclear ambitions. Will the strategy work?
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  • Trump signs more sanctions punishing Iran after it shot down a US drone

    Trump signs more sanctions punishing Iran after it shot down a US drone

    3 monthes ago - By Business Insider

    President Donald Trump announced a series of new sanctions on Iranian supreme leader Ali Khamenei and other key officials.
    The sanctions come in the wake of the Iranian military shooting down a US drone over the Strait of Hormuz.
    Treasury Secretary Steven Mnuchin also said additional sanctions targeting Iranian Foreign Minister Java Zarif would be coming later this week.
    Visit BusinessInsider.com for more stories.
    President Donald Trump signed an executive order Monday slapping a host of new sanctions on Iranian supreme leader Ali Khamenei and key officials in the Islamic Revolutionary...
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