Tuesday, October 30, 2018

In Iran, US sanctions are being felt, with harsher measures to come

In Iran, US sanctions are being felt, with harsher measures to comeOne sign of the impact of stepped-up American sanctions on Iran can be found on the northeast edge of Tehran: anxiety at Iran’s largest charity for children diagnosed with cancer. Mahak, a private charity with a $60 million annual budget that cares for 17,500 patients across the country, free of charge, is deeply concerned that crucial drug supplies from abroad are already dwindling as foreign banks and suppliers cease doing business. While humanitarian goods such as medicine are exempt from US sanctions, which were reimposed after President Trump withdrew the United States from the multinational deal to curtail Iran’s nuclear program, the severe banking restrictions that are part of the sanctions regime have just as negative an effect.




from Yahoo News - Latest News & Headlines https://ift.tt/2SufM6A

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