Treasury Secretary Tells Congress That Economic Sanctions ‘Really Work’

Secretary of the Treasury Steven Mnuchin told Congress this week that he is devoting a considerable amount of effort on economic sanctions and enforcement. About half of his time, Mnuchin told Congress Wednesday, is dedicated to figuring out how to best use economic sanctions. In response to a question from Rep. Peter Roskam (R-Ill.) about the resources available for …

Exporting Bomb Parts to Iran Lands Singaporean National 40 Months in U.S. Prison

Extradited from Indonesia to the United States early last year, Lim Yong Nam, a Singaporean national, was sentenced last week in U.S. federal court to forty months prison for illegal exports of American-made dual-use products to Iran. Kim was part of a group that included at least ten persons and companies that were indicted by a grand …

New U.S. Economic Sanctions on Iran in the Legislative Pipeline

While the mainstream focused on healthcare reform this week, the Trump administration and both chambers of the U.S. Congress were busy moving new regulatory and legislative product on Iran. If you guessed sanctions, you’d be right. By way of follow up to new economic sanctions announced March 21, the Trump administration blacklisted yesterday several foreign entities …

Iran Ally Sworn in As Venezuelan Vice President

Had enough news or spin on alleged Russia hacking? Well in other news this week, in Venezuela a Hezbollah ally, a supporter of terrorists in the Americas as well as the Middle East, a friend of Communist Cuba, and alleged drug dealer Tareck El Aissami was sworn in as Vice President of Venezuela. Hand-picked by …

Iran + Cuba + Nanotechnology = High Probability for Trouble

What happens when a state sponsor of terrorism, Iran, announces high-tech collaboration with Cuba, a recently and likely erroneously de-listed state sponsor of terrorism? It’s a loaded question. You know the answer. Nothing good! According to the Iran’s Mehr news agency, Iran and Cuba plan closer collaboration on nanotechnology that includes building a new lab …

Bolivia Opens An Anti-Imperialist Military Academy to Counter U.S. Influence

Close to sixty percent of the Bolivian people live at or below extreme poverty. You would think its left-wing ruler, Evo Morales, would focus all of his waking energies on reforms that could make a dent on that data point including lowering taxes, encouraging trade and foreign investment. Of course, that would be logical. Morales …

Iran Nuclear Agreement: A Weapon of Mass Destruction for U.S. and Global Nonproliferation Efforts

Announcing the Joint Comprehensive Plan of Action (JCPOA) regarding Iranian nuclear activities, President Obama claimed it would make “our country and the world safer and more secure.” On the contrary, what the agreement allows; the process by which it was negotiated and will be considered by Congress, will have far-reaching negative consequences on U.S. and …