web analytics
August 28, 2014 / 2 Elul, 5774
At a Glance
News & Views
Sponsored Post
Jerusalem Mayor Nir Barkat (L) visits the JewishPress.com booth at The Event. And the Winners of the JewishPress.com Raffle Are…

Congratulations to all the winners of the JewishPress.com raffle at The Event



New US Iran Sanctions Require President to Report on Impact

New Iran sanctions that overwhelmingly passed in the U.S. House of Representatives on Wednesday aim to cut Iranian oil sales from 1.25 million barrels per day to 250,000 per day by the end of 2014. The sanctions also establish a formal process requiring the president “to report to Congress every 60 days regarding the Iranian nuclear timetable and the projected economic effects of international sanctions on Iran.”

Passed in a 400-20 vote, the Nuclear Iran Prevention Act (H.R. 850)—authored by U.S. Reps. Eliot Engel (D-NY) and Ed Royce (R-CA)—also expands sanctions targeting Iranian human rights violations as well as the country’s automotive and mining industries. The bill gives the U.S. president authorization to “impose sanctions on a foreign person that knowingly conducted or facilitated a significant financial transaction with the Central Bank of Iran or other Iranian financial institution subject to sanctions for the purchase of goods (other than petroleum or petroleum products) or services by or from a person in Iran, or on behalf of a person in Iran,” according to the Congressional Research Service.

Calling the House’s passage of the new Iran sanctions “forceful action,” the American Israel Public Affairs Committee (AIPAC) said it “urges the Senate to move quickly on its own version of sanctions legislation.”

“The window is rapidly closing to prevent Iran from acquiring a nuclear weapons capability,” AIPAC said in a statement.

The new Iran sanctions came in advance of the Aug. 4 inauguration of Hassan Rouhani as Iran’s new president. Royce believes the leadership change will not alter Iran’s nuclear ambitions.

“New president or not, I am convinced that Iran’s Supreme Leader (Ayatollah Ali Khamenei) intends to continue on this path,” Royce said, according to Reuters.

About the Author: www.JNS.org is an independent, non-profit business resource and wire service covering Jewish news and Israel news for Jewish media throughout the English-speaking world.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

No Responses to “New US Iran Sanctions Require President to Report on Impact”

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
The three salesmen -Netanyahu, Ya'alon and Gantz
Netanyahu Tries to Sell Bill of Goods that Israel Won Goals in the War
Latest News Stories
First Day of School

It’s Rosh Chodesh Elul, and that means school has begun in the Chareidi school system.

Dell Smitherman at The Jewish Press.

Smitherman has witnessed firsthand both how damaging income inequality has been to the poor and how it negatively impacts families and communities.

Nick Di Iorio at The Jewish Press last week.

“It was embarrassing to be asked, Why is Egypt right now a better ally than America? Why is Israel doing more than the U.S. to protect Israel?”

The three salesmen -Netanyahu, Ya'alon and Gantz

Has Netanyahu ever heard of Lincoln’s phrase, “You cannot fool all of the people all of the time?”

This shot may have come from a Syrian tank…

Hamas recently indicated to international press that it would continue building up its underground network while restocking arsenal, rockets and other weaponry

Iran vowed on Monday to “accelerate” its rearming of PA Arabs in Judea and Samaria, one day after it claimed that it shot down an Israeli spy drone over its airspace.

The case of missing U.S. yeshiva student Aaron Sofer, studying in Israel, remains unsolved after six days.

“We are strong chassidic women and we take the name, we embrace it, and we own it.”

After a month, should the quiet hold, Israel and Hamas will restart indirect negotiations in Cairo on easing Israel’s blockade of the coastal strip and disarming the enclave.

Israel’s political landscape awoke Wednesday to the latest ceasefire with a sharp round of criticism for Prime Minister Netanyahu, and jostling for position amongst senior politicians who have begun to smell the aroma of early elections, possibly in the first half of 2015.

Palestinian terrorists threw stones at Jewish-owned cars in the Wadi Joz section of Jerusalem Wednesday. Three children were injured and treated on the spot. A 22-year-old man was arrested, and police told Israel Radio the man has confessed to other incidents as well. In Shuafat, in northern Jerusalem, Palestinians threw rocks at the Jerusalem light […]

Nearly 90 percent of Gaza residents support attacks on Israel, say rockets help ‘deterrence’

Chaim Yellin: We don’t want government support. We need quiet in the morning.

Mortar fire crossed the border into northern Israel from Syria near Quneitra. Two cars were damaged. Accidental shelling?

NYC lawmaker Laurie Cumbo presses Miami-Dade officials to find Rabbi Joseph Raksin’s murderer.

More Articles from JNS News Service
Cartoon posted on the Facebook page of Northeastern University's Students for Justice in Palestine chapter

Group behind offensive flyers, Students for Justice in Palestine, has already been suspended by several universities

The Palestinian-modified version of Raphael’s "The Deposition."

Yet another incident of Palestinian Authority officials co-opting history and misrepresenting Jesus as a Palestinian.

A report in the Asharq Al-Awsat newspaper, citing sources in Lebanon, said Hezbollah is facing increasing financial pressure over austerity measures by the Iranian government since President Hassan Rouhani took office last summer, as well as strain over the terror group’s involvement in the Syrian civil war. Additionally, the report said Hezbollah is facing financial […]

If Israel sends a spacecraft to the moon, will BDS call the lunar surface “occupied territory”?

There is nothing like a war of anti-Semites against anti-Semites to encourage Aliyah. Ukrainian Jewish immigration to Israel has risen 70 percent in 2014 amid the recent political upheaval in that country. According to the Jewish Agency for Israel, 375 new immigrants from Ukraine arrived in the first three months of 2014, compared with 221 […]

Before Roosevelt’s ambassador to Nazi Germany had enough of Hitler, he muzzled American Jews anti-Nazi protests.

Putin is right. There is not anti-Semitism in Russia. They simply hate Jews.

The scene of Russian troops sealing the region of Crimea conjures up scary reminders of the Nazi invasions of Europe.

    Latest Poll

    Do you think the FAA ban on US flights to Israel is political?






    View Results

    Loading ... Loading ...

Printed from: http://www.jewishpress.com/news/breaking-news/new-us-iran-sanctions-require-president-to-report-on-impact/2013/08/01/

Scan this QR code to visit this page online: