Meir Panim delivers warmth, special care to families in need.
U.S. Secretary of the Treasury Jack Lew on Sunday at the American Israel Public Affairs Committee conference reiterated the Obama administration’s opposition to new Iran sanctions during the interim nuclear deal, and said the temporary relief that the six-month interim agreement gives Iran has not undone the impact of existing sanctions.
New sanctions could derail the nuclear talks between Iran and world powers and “splinter” the international effort that has made the current sanctions effective, according to Lew. “No amount of U.S. sanctions would have the same crippling power” without international backing, he said.
Additionally, “If the moment comes that we have to use force [against Iran], the world has to understand that we did everything possible to achieve change through diplomacy,” Lew said.
The treasury secretary said that the “vast majority of our sanctions remain firmly in place” and that those sanctions provide a “powerful incentive for Iran to negotiate.” He stressed that the oil and financial sanctions on Iran—what he called the “core architecture” of the sanctions— remain fully in effect.
Economic sanctions “have crippled Iran’s economy on many fronts,” including the fact that Iran’s rial currently has lost 60 percent of its value against the dollar, said Lew. He noted that when the interim deal expires, “so does the relief” on Iran, and that the current $7 billion in financial relief would only continue to flow to Iran if the country demonstrates week-by-week compliance with the interim deal.
“This is not a case of trust and verify,” Lew said. “This is a case of verify everything.”
Yet Lew acknowledged that America is “under no illusions of who we’re dealing with,” citing Iran’s support for terror groups such as Hezbollah and its failure to live up to past promises.
If you don't see your comment after publishing it, refresh the page.
Comments are closed.
France has left the US-led nuclear talks with Iran in Lausanne, saying it will return when it is ‘useful.’
The pipe bombs didn’t have explosives in them yet…
Obama finally stops punishing Egypt for overthrowing the Muslim Brotherhood’s Morsi
Chaim Topol, has been awarded the Israel Prize for lifetime achievement.
The Knesset opening session was buzzing with new faces, as 39 new Members of Knesset joined their veteran colleagues in the swearing in ceremony.
The Temple Institute renacted the entire Pesach sacrifice ceremony.
“On days like today we want these children to feel the joy that any normal child experiences on their bar mitzvah.”
A family. 7 Children. An indescribable tragedy. How do they go on? How do we react? And what lessons are we supposed to learn?
More than 40 refugees were killed in a Saudi-led air strike while PA office accuses Israel crime by building homes.
The military implicitly admits to having improperly allowed a missionary group to indoctrinate soldiers.
Talks are likely to extend beyond Obama’s self-imposed deadline that he had said he won’t change.
The Iranian regime is hard up for propaganda, but maybe it is prophesying the future.
The Arabs rolled burning tires and three rocks at soldiers at the central Gaza security fence.
The Histadrut national labor union and the Federation of Israeli Employers have agreed to raise the minimum wage to 5,300 shekels ($1,334) by 2017, approximately half the average salary in Israel. The employers and the union previously agreed to a three-stage hike in the minimum wage. The latest agreement adds a fourth stage whole pegging […]
PA Chairman Abbas congratulated the Arab party on its success in the March 17 Israeli elections.
Additionally, the report recommends new restrictions against “known violent settlers.”
Israel was the sixth-highest source for tourists to Germany in 2014.
Eshed said that a smart meter can run for as long as 10 years if it is equipped with this chipset.
COGAT chief hopes Hamas “would not steal water from civilians as they steal construction materials intended for the reconstruction of houses.”
Israel’s Channel 2 television network thought Herzog’s remarks constituted elections propaganda.
The Jewish welfare organization Colel Chabad this week hosted a Bat Mitzvah celebration in Jerusalem for 36 girls who have lost a parent. Most of the parents died from illness or terror attacks, and one Bat Mitzvah girl’s father was the first Israel Defense Forces casualty during last summer’s war between Israel and Hamas. “Family […]
Printed from: http://www.jewishpress.com/news/breaking-news/at-aipac-treasury-secretary-touts-effectiveness-of-iran-sanctions/2014/03/03/
Scan this QR code to visit this page online: