Iran crowds reportedly chant ‘death to the dictator!‘ as US sanctions increase economic unrest
German central bank blocks $400 million cash delivery to Iran ahead of crippling US sanctions
The U.S. campaign to rein in Iran has scored a victory in the German financial sector, after the Deutsche Bundesbank− the country’s central bank− imposed a rule stopping a $400 million cash delivery to Tehran.
Iran’s cash-starved economy desperately needs hard currency ahead of crippling U.S. bank sanctions that will be introduced in November.
Germany allows the Iranian-owned European-Iranian trade bank (EIH) to operate in Hamburg. The EIH holds more than $400 million that Tehran wants to receive in cash ahead of a second wave of U.S. sanctions due in November that impact banks and Iran’s energy sector.
There will be no hiding from today’s heat wave, neither air conditioning nor God will protect them the blazing firestorm that awaits. No, we are not talking about the Trump noose, we are alluding to the bottoms up people’s revolution. The Iranian public is one step away from a violent confrontation with the Revolutionary Guards. This confrontation will be the Mother of all Confrontations, pitting the government against the people.
What brings Iran to this unfortunate circumstance is the Mullah’s bellicose ways. Instead of helping the Iranian people in their daily lives, the ruling Mullahs find it necessary to spread revolution to their perceived enemies, via threats, military assistance and providing personnel to do battle. Only crumbs left for the common folk.
Things are about to get a whole lot worse, today (click here)August 7 at midnight, Trump went all in; the Iranians regime, the target of added sanctions will see the exponential pressure while the President presses down on the Mullahs cajones. This will cause undue hardship to the Iranian people (we have no sword in the fight with them) but the possibility of them suffering will inevitably trigger a mass revolt, one that implodes the ruthless regime.
Trump signed an executive order on Monday to restore some of the sanctions that were lifted under the 2015 nuclear deal during the Obama administration, targeting transactions that involve U.S. dollars, as well as the country’s automotive sector, the purchase of commercial planes and metals including gold.