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New Measures Further Constrain Iranian Oil Revenues, Target Iran’s Human Rights Abusers

first_imgBy Dialogo February 11, 2013 The United States took a number of actions on January 7 to tighten sanctions on Iran’s access to its oil revenues and further expose the Iranian government’s continued abuse of human rights. Key provisions of the Iran Threat Reduction and Syria Human Rights Act of 2012 (TRA) that went into effect that day, expand the scope of sanctionable transactions with the Central Bank of Iran and designated Iranian financial institutions by restricting Iran’s ability to use oil revenue held in foreign financial institutions as well as preventing repatriation of those funds to Iran. The U.S. Department of the Treasury, in consultation with the U.S. Department of State, also designated one individual and four entities for their involvement in the Iranian government’s censorship activities. These censorship activities restrict the free flow of information in Iran and punish Iranian citizens who are attempting to exercise freedom of assembly and expression. “Our policy is clear – so long as Iran continues to fail to address the concerns of the international community about its nuclear program, the U.S. will impose tighter sanctions and intensify the economic pressure against the Iranian regime,” said Treasury Under Secretary for Terrorism and Financial Intelligence David S. Cohen. “We will also target those in Iran who are responsible for human rights abuses, especially those who deny the Iranian people their basic freedoms of expression, assembly and speech.” January 7 marked 180 days since President Obama signed the TRA. Section 504 of the TRA amends existing sanctions in the National Defense Authorization Act for Fiscal Year 2012 (NDAA) that target the Central Bank of Iran, designated Iranian financial institutions and Iran’s energy sector. At the 180-day mark, section 504 narrowed the exception for countries that have significantly reduced their purchases of Iranian crude oil so that the exception now only applies to financial transactions that facilitate bilateral trade between the country granted the exception and Iran. For the exception to apply to a financial transaction, funds owed to Iran as a result of such bilateral trade will now have to be credited to an account located in the country granted the exception and may not be repatriated to Iran. This provision will significantly increase economic pressure on Iran by restricting Iran’s repatriation of oil revenue. In addition to effectively “locking up” Iranian oil revenue overseas, this provision sharply restricts Iran’s use of this revenue for bilateral trade and severely limits Iran’s ability to move funds across jurisdictions.last_img read more

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Agreement signed on cooperation with municipalities and cities of PGC on the project Rijeka 2020 – European Capital of Culture

first_imgThe company RIJEKA 2020 doo, which implements the project Rijeka 2020 – European Capital of Culture (ECoC), today in the City of Rijeka signed an agreement with 19 cities and municipalities in the Primorje-Gorski Kotar County on program cooperation on the largest national cultural project.This act formalized the relations between TD RIJEKA 2020, the City of Rijeka – the holder of the title of ECOC and the coastal and mountainous cities and municipalities that have expressed interest in being involved in the implementation of the project. These are Bakar, Rab, Delnice, Krk, Opatija, Mali Lošinj, Novi Vinodolski, Crikvenica, Cres, Kastav, Lovran, Vrbnik, Mošćenička Draga, Jelenje, Fužine, Kostrena, Čavle and Malinska-Dubašnica.The agreement defines cooperation on two program directions of the ECOC project – 27 neighborhoods and Lungomare, however, according to the director of RIJEKA 2020 Emina Višnić, the agreement will not limit cooperation on other program directions and ECOC programs.Rijeka Mayor Vojko Obersnel stated that the importance of the ECOC title for the entire regional community, which is often emphasized, is not only declarative because the togetherness of as many partners as possible forms the core of the project from its very beginning and candidacy process. “This is a great opportunity to present our cultural and social heritage, what we do and what we will do, to Europe, but also to improve infrastructure, the quality of staff in the cultural sector, cultural cooperation with other sectors and our international visibility in economic and other activities. “said Obersnel.Emina Višnić, director of TD RIJEKA 2020, stated that the European Capital of Culture project has a European, national and regional component that are interconnected, so cooperation with local governments in this regard is natural. “ECOC is a title that the City of Rijeka shares with its partners – Primorje-Gorski Kotar County, the University of Rijeka, surrounding cities and municipalities, and cultural institutions and associations. The goal of RIJEKA 2020 is to include as many partners as possible, because that is the only way to create a lasting legacy in this area. “, said Visnic.Mentioning that Rijeka has a specific culture and cultural heritage, Primorje-Gorski Kotar County Prefect Zlatko Komadina pointed out that county towns and municipalities will give the project a regional flair and cultural events throughout the county will create and strengthen its cultural and artistic network. The prefect stated that a lot of work, effort and financial resources had been invested in the project, and that togetherness in the production and promotion of culture would result in a quality tourist product.Read the full concept and program of the candidacy here</p>
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Masterful Morgan leads England to victory in record T20 chase against Pakistan

first_imgMANCHESTER, England (Reuters) – Captain Eoin Morgan belted a blistering half-century as England chased down a record target at Old Trafford to beat Pakistan by five wickets in the second Twenty20 international on Sunday.Pakistan posted 195 for four in their 20 overs on a flat wicket, but the home side completed their victory with five balls to spare and a take 1-0 lead in the three-match series.Morgan blasted 66 from 33 balls to secure the win in what is the highest chase in any form of 20-over cricket at Old Trafford.Jonny Bairstow (44 from 24 balls) and Tom Banton (20 from 16 balls) got their side off to a fast start with an opening stand of 66 in 38 deliveries, but when they fell in consecutive balls to spinner Shadab Khan (3-34), the home side appeared to wobble.But Morgan and Dawid Malan (54 not out in 36 balls) led the counter-attack and accelerated as their third-wicket partnership grew, finishing with 112 in 62 balls before the skipper was caught in the deep with the side still needing 18 runs to win.Pakistan also got their runs at the top of the order as opener Babar Azam smashed 56 from 44 balls in an opening stand of 72 with Fakhar Zaman (36 from 22 balls).Number three Mohammad Hafeez carried on that momentum with a blistering assault on the home bowlers, who struggled to find the right length and too often dropped too short, exposing the square boundaries.Hafeez struck four sixes in his 69 from 36 balls before offering a simple catch to Morgan at cover.The pick of the England bowlers was leg-spinner Adil Rashid, who recorded figures of 2-32 as he picked up the wickets of both openers.The third and final match in the series will be at the same venue on Tuesday. The first match was abandoned due to rain.last_img read more

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