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Tag: Iran sanctions

Iran, USA

New Iran sanctions simply don’t add up

NOVANEWS By M.K. Bhadrakumar  The new legislation by the venerable lawmakers in the United States, imposing sanctions against Iran (along with Russia and North Korea), has an air of inevitability. But what is inevitable doesn’t always have to be logical. The base line is how effective these sanctions are going to be. Iran is not new to US sanctions and its economy does not depend on trade or investment from the US. In sum, the US lawmakers are hoping to impose the sanctions via the international community. But the main difference this time as compared to previous US sanctions is that the POTUS happens to be Donald Trump and the international community regards him with profound scepticism bordering on bewilderment. The world opinion is unlikely to rally behind Trump in an enterprise to p...