Closing Tehran's Sanctions Loopholes

(Wall Street Journal) Mark Dubowitz and Jonathan Schanzer - Sanctions are a key element of the president's strategy to neutralize the Iranian threat. But the Iranian regime continues to find new ways to circumvent U.S. strictures, moving billions of dollars through the global financial system. Mr. Obama must urgently close the loopholes, and only blanket action against all Iranian banks and foreign financial institutions with Iranian business will do the trick. Dubowitz is executive director of the Foundation for Defense of Democracies. Schanzer, a former terrorism analyst for the U.S. Department of the Treasury, is FDD's vice president for research.

2012-03-08 00:00:00

Full Article


Visit the Daily Alert Archive