Venezuela Inks MOU with American Oil Drilling Company

For colleagues who follow matters in Venezuela, it seems as if the Venezuela regime is supposedly inking contracts with American companies. According to an article that appeared in the government-owned Telesur media outlet, officials with Horizontal Well Drillers and the government have signed an MOU worth close to $1.3 billion. In the overall scheme of things, it …

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 …

Time to Designate WikiLeaks a Foreign Terrorist Organization, Or Create a New Targeting Category to Make It So

During a speech last week at a Washington, D.C. think tank, the Center for Strategic and International Studies (CSIS), the Director of Central Intelligence Mike Pompeo shot an excellent political broadside at WikiLeaks: It’s time to call out WikiLeaks for what it really is, a non-state hostile intelligence service often abetted by state actors like Russia. …

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 …

Proposed Wyoming Law Would Ban Investments, Certain Business with Iran, Cuba Connections

Residents of the state of Wyoming know a thing or two, more like several billion dollars a years worth of knowledge, when it comes to international trade. On January 17, 2017, several influential members of the Wyoming legislature filed a bill that reinforces American values by “prohibiting the investment of Wyoming state funds Iran or Cuba.” Over …

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 …