Whats a little war mongering between earnings reports?

U.S. Approved Business With Blacklisted Nations
Source: NYT Despite sanctions and trade embargoes, over the past decade the United States government has allowed American companies to do billions of dollars in business with Iran and other countries blacklisted as state sponsors of Terrorism, an examination by The New York Times has found. At the behest of a host of companies — from Kraft Food and Pepsi to some of the nation’s largest banks — a little-known office of the Treasury Department has granted nearly 10,000 licenses for deals invol

U.S. Approved Billions in Business Deals With Iran...
Despite sanctions and trade embargoes, over the past decade the United States government has allowed American companies to do billions of dollars in business with Iran and other countries blacklisted as state sponsors of Terrorism, an examination by The New York Times has found. An Iranian man shopping at a store in Tehran, where products from Dole, which has a sanctions exemptions, are sold. At the behest of a host of companies — from Kraft Food and Pepsi to some of the nation’s l...

The Embargo is Working
Despite sanctions and trade embargoes, over the past decade the United States government has allowed American companies to do billions of dollars in business with Iran and other countries blacklisted as state sponsors of Terrorism, an examination by The New York Times has found. No! Say it isn’t so! There must be a good reason for this outrage! Most of the licenses were approved under a decade-old law mandating that agricultural and medical Humanitarian Aid be exempted from sanctions. But...

US Companies Sell to Iran Despite Sanctions
The New York Times reports: Despite sanctions and trade embargoes, over the past decade the United States government has allowed American companies to do billions of dollars in business with Iran and other countries blacklisted as state sponsors of Terrorism, an examination by The New York Times has found. At the behest of a host of companies — from Kraft Food and Pepsi to some of the nation’s largest banks — a little-known office of the Treasury Department has granted nearly 10,000

U.S. approved business with Iran and other state sponsors of terrorism
Selling them the rope with which they will hang us. "U.S. Approved Business With Blacklisted Nations," by Jo Becker in the New York Times, December 23: Despite sanctions and trade embargoes, over the past decade the United States government has allowed American companies to do billions of dollars in business with Iran and other countries blacklisted as state sponsors of Terrorism, an examination by The New York Times has found. At the behest of a host of companies -- from Kraft Food and Pepsi...

U.S. sanctions being skirted
NEW YORK, Dec. 24 (UPI) -- The New York Times says the United States has allowed U.S. companies to do business with Iran and other countries blacklisted as sponsors of Terrorism. The Times said a little-known office of the Treasury Department has granted nearly 10,000 licenses for business in sanctioned countries through a decade-old law mandating agricultural and medical Humanitarian Aid be exempted from sanctions. The law, pushed by the farm lobby, was so broadly written that Humanitarian Aid ...

U.S. defends permits for deals in sanctioned nations
An examination by the newspaper found the Treasury Department's Office of Foreign Assets Control has made nearly 10,000 exceptions to U.S. sanctions rules over the past decade. A Treasury official said the majority of the cases examined by The Times were approved under a law requiring the Treasury to license exports of agricultural and medical Humanitarian Aid to Iran and Sudan. "These are not discretionary exceptions to U.S. sanctions made by Treasury," the official said, speaking on condition...

Aid and Comfort
Fox: Report: Treasury OK'd U.S. Business With Iran WASHINGTON -- The Treasury Department has granted nearly 10,000 special licenses to American companies over the past decade so they could sell some types of products in Iran and other countries the U.S. considers Terrorist sponsors, The New York Times reported Thursday. Companies such as Kraft Food and Pepsi and some of the largest U.S. banks benefited, the newspaper said. Most licenses were granted under a law allowing trade in humanitarian g...

The Business End Of Means To An End
If you thought sanctions against Terrorists states like Iran actually applied to US business titans, allow me to disabuse you of the notion. Despite sanctions and trade embargoes, over the past decade the United States government has allowed American companies to do billions of dollars in business with Iran and other countries blacklisted as state sponsors of Terrorism, an examination by The New York Times has found. At the behest of a host of companies — from Kraft Food and Pepsi to some ...

U.S. defends permits for deals in sanctioned nations
WASHINGTON (Reuters) - The Treasury Department on Thursday defended its issuance of special licenses for American companies to do business with Iran and other blacklisted nations, in response to a New York Times report on deals made despite sanctions and trade embargoes. An examination by the newspaper found the Treasury Department's Office of Foreign Assets Control has made nearly 10,000 exceptions to U.S. sanctions rules over the past decade. A Treasury official said the majority of the cases ...

With U.S. consent, companies skirt sanctions on Iran, others
Despite sanctions and trade embargoes, over the past decade the U.S. government has granted special licenses allowing American companies to do billions of dollars in business with Iran and other countries blacklisted as state sponsors of Terrorism, an examination by The New York Times has found. At the behest of a host of companies — from Kraft Food and Pepsi to some of the nation's largest banks — a little-known office of the Treasury Department has made nearly 10,000 exceptions to ...

U.S. Approved Business With Blacklisted Nations
Source: NY Times Despite sanctions and trade embargoes, over the past decade the United States government has granted special licenses allowing American companies to do billions of dollars in business with Iran and other countries blacklisted as state sponsors of Terrorism, an examination by The New York Times has found. At the behest of a host of companies — from Kraft Food and Pepsi to some of the nation’s largest banks — a little-known office of the Treasury Department has made nearly 10,0

U.S. defends permits for deals in sanctioned nations
WASHINGTON | Thu Dec 23, 2010 10:14pm EST WASHINGTON (Reuters) - The Treasury Department on Thursday defended its issuance of special licenses for American companies to do business with Iran and other blacklisted nations, in response to a New York Times report on deals made despite sanctions and trade embargoes. An examination by the newspaper found the Treasury Department's Office of Foreign Assets Control has made nearly 10,000 exceptions to U.S. sanctions rules over the past decade. A Trea...

U.S. defends permits for deals in sanctioned nations
WASHINGTON | Thu Dec 23, 2010 10:14pm EST WASHINGTON (Reuters) - The Treasury Department on Thursday defended its issuance of special licenses for American companies to do business with Iran and other blacklisted nations, in response to a New York Times report on deals made despite sanctions and trade embargoes. An examination by the newspaper found the Treasury Department's Office of Foreign Assets Control has made nearly 10,000 exceptions to U.S. sanctions rules over the past decade. A Trea...

Business as Usual With Terror Supporters US Has Granted Over 10,000 Sanction Waivers?
The New York Times reported Thursday that the waivers were granted for companies ranging from Kraft to Pepsi , mostly under a law exempting agricultural and medical Humanitarian Aid from sanctions. But the billions in American business allowed through has included Cigarettes, chewing gum and hot sauce . Other applications were approved on the basis that they served American Foreign Policy goals. In one instance, a company was allowed to help on a natural-gas Pipeline job that enabled Iranian sal...

OpEd: Barack Obama telegraphs his profound weakness....
President Obama did some serious arm-twisting earlier this week in an effort to get some Republicans to back him on his oh-so important S.T.A.R.T. Treaty between the U.S. and Russia. And while he did get those Republican votes, and he did get the treaty ratified in the Senate, the Russians have decided to hold off on their end, citing that the bill would require at least three days of reading before Russia's lower House could ratify the bill. They'll get to their ratification in the beginning of...

US Downplays Privileged Deals for Companies in Blacklist Nations
The sanctions against Iran and other countries have ruined a number of small companies the world over, so when the reports came out that the Treasury Department was cheerfully giving “special licenses” to certain well-connected companies like Kraft and Pepsi to ignore the blacklist it understandably irked a number of people. It seems to have been lost on the Treasury Department exactly why people were upset at the revelation, however, as officials insisted that the deals were ̶...

But will they do anything about it?
I have no idea about the reliability of this source , but if it's true, it's quite interesting (Hat Tip: Joshua I ). The U.S. has information about several transactions involving Turkish firms planning to export and import from Iran arms and related material controlled by the Wassenaar Arrangement.Hmmm. I doubt the US will do anything about it anyway. Obama doesn't want to offend the Turks. Labels: Iran sanctions regime, Turkey ...

Law Allows U.S. Firms to Skirt Sanctions, Do Business in Iran, Other Rogue Nations
Sanctions and embargoes have not stopped some U.S. companies from doing billions of dollars of business with Iran and other countries singled out as state sponsors of Terrorism, the New York Times reported Friday. The companies, including Pepsi, Kraft Foods and lesser known firms, operate under a 10-year-old federal law that exempts some agriculture and medical products from the sanctions, the newspaper said. The obscure Treasury Department Office of Foreign Assets Control has granted 10,000 lic...

Iran and Nuclear Scientists
Tehran is recruiting Nuclear Scientists from all over the world to participate in its Nuclear Weapons program, a former Iranian diplomat says. A former Iranian consul in Norway, Mohamed Reza Heydari said in an interview published Thursday that he helped numerous North Koreans to enter the country while working for the Foreign Ministry at Imam Khomeini Airport in Tehran. "Our mission was to coordinate with a team from the Ministry of Intelligence in checking the Visas of the foreign diplomatic a...

Complex issues for China, North and South Korea?
by Andrew, Allied Liberty News Yes, I asked just that question. Consider this, N.Korea is armed with pre-vietnam era Soviet and Chinese Military hardware. N.Korea does not so much as breathe without China's orders. China is facing a huge monetary Inflation problem. This is in part due to fuel prices but mostly due to China allowing their own economy grow by a totally unsustainable 12%. In economics, when something grows in numbers or value by 12% in one year, you get what Economists call a "bu...

With U.S. consent, companies skirt sanctions on Iran, others
Despite sanctions and trade embargoes, over the past decade the U.S. government has granted special licenses allowing American companies to do billions of dollars in business with Iran and other countries blacklisted as state sponsors of Terrorism, an examination by The New York Times has found. At the behest of a host of companies -- from Kraft Food and Pepsi to some of the nation's largest banks -- a little-known office of the Treasury Department has made nearly 10,000 exceptions to U.S. sanc...

US allows trade with blacklist countries: report
A Kraft Foods sign at the corporate headquarters in Northfield, Illinois. P... President Barack Obama's administration has permitted US firms to do business worth billions of dollars with Iran and other countries that have been officially blacklisted, a report said Friday. Some 10,000 deals have been allowed under a Loophole that permits Humanitarian Aid despite the sanctions, allowing US companies -- including food giants Kraft and Mars -- to get around economic blacklists for countries design...

US sanctions 'full of loopholes'
US sanctions tend to be riddled with exceptions that are neither humanitarian nor Democracy-related, a former US sanctions official has said. Stuart Eizenstat, a deputy Treasury Secretary in the Clinton era, told the BBC World Service that such Loopholes were created by lobbying groups. A New York Times report found evidence of US firms trading legally with blacklisted countries such as Iran. Loopholes and exemptions were exploited in a trade worth billions of dollars. An office of the US treasu...

North Korea blasts incoming Foreign Affairs chairwoman as 'human scum'
North Korea's official news agency blasted the incoming chairwoman of the House Foreign Affairs Committee -- while mistaking her for a chairman. Rep. Ileana Ros-Lehtinen (R-Fla.), a Cuban immigrant, has been a regular target of dictator Fidel Castro and his Latin American allies Venezuelan President Hugo Chavez and Bolivian President Evo Morales. But the Korean Central News Agency, the mouthpiece of Pyongyang in a country with no free media, said Wednesday that Ros-Lehtinen's calls for North K...