About: http://data.cimple.eu/news-article/a8a642348b183ac71295bcbb61619ca69d4db1a59accc742b0a67be3

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About: http://data.cimple.eu/news-article/a8a642348b183ac71295bcbb61619ca69d4db1a59accc742b0a67be3 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	President Donald Trump's administration on Thursday imposed sweeping sanctions on Iran's banking sector, taking a major new step aimed at crippling the arch-rival's economy weeks ahead of US elections. The Treasury Department said it was designating 18 major Iranian banks, a step that could largely cut off the nation of 80 million people from the world's financial system just as it tries to cope with the Covid-19 pandemic. The Trump administration did not list specific accusations against most of the banks, instead declaring broadly that the entire Iranian financial sector may be used to support the government's contested nuclear program and its "malign regional influence." Treasury Secretary Steven Mnuchin said that the action would "stop illicit access to US dollars." "Our sanctions programs will continue until Iran stops its support of terrorist activities and ends its nuclear programs," he said in a statement. The Treasury Department said it was exempting transactions in humanitarian goods such as food and medicine. But European diplomats say that US sanctions nonetheless have dire humanitarian consequences, with few institutions in other nations willing to take the risks of legal action in the world's largest economy. The Treasury Department said its sanctions will be effective in 45 days, giving companies time to wind down transactions in Iran. The timeframe will also likely give anyone working with Iran a chance to see the outcome of the November 3 election, with polls showing Trump trailing to Democrat Joe Biden, who supports a return to diplomacy with Iran. Trump has pursued a policy of "maximum pressure" aimed at reining in Iran, the arch-rival of US allies Saudi Arabia and Israel. The Trump administration has already moved to stop all Iranian oil exports and bolted from a deal negotiated under former president Barack Obama through which Iran curtailed its nuclear program. sct/dw
schema:headline	US imposes sanctions on Iran's major banks
schema:mentions	Steven Mnuchin 45 Days Deutsche Welle Nuclear program of Iran United States Department of the Treasury Wind power Presidency of Donald Trump Presidency of Barack Obama Saudi Arabia Israel Pandemic Joe Biden President of the United States Coronavirus disease 2019 Banking and insurance in Iran Reining Government of the Islamic Republic of Iran
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-08 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	86 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

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