Iran Strikes Back At US With 'Reciprocal' Sanctions THE

New Post Public Reply Private Reply Replies (0) Message Board

PoemStone cashclan #20528

Mar 26, 2017 at 6:29 PM 99

Iran Strikes Back At US With 'Reciprocal' Sanctions
THE ASSOCIATED PRESS (NASSER KARIMI)
March 26, 2017, 6:40 AM EDT March 26, 2017, 1:15 PM EDT

Tehran, Iran (AP) -- Iran on Sunday sanctioned what it described as 15 American companies, alleging they support terrorism, repression and Israel's occupation of land Palestinians want for a future state, likely in retaliation for sanctions earlier announced by the U.S.

The wide-ranging list from an American real estate company to a major arms manufacturer appeared more symbolic than anything else as the firms weren't immediately known to be doing business anywhere in the Islamic Republic.

A Foreign Ministry statement carried by the state-run IRNA news agency said the sanctions barred companies from any agreements with Iranian firms and that former and current directors would not be eligible for visas. It also said any of the company's assets in Iran could be seized.

"The sanctioned companies have, directly and/or indirectly, been involved in the brutal atrocities committed by the Zionist regime in the occupied Palestinian territories, or they have supported the regime's terrorist activities and Israel's development of Zionist settlements on the Palestinian soil," the IRNA report said.

The IRNA report referred to the sanctions as a "reciprocal act," without elaborating. Iran's new sanctions comes after the Trump administration in February sanctioned more than two dozen people and companies in retaliation for a recent ballistic missile test.

The companies named did not immediately respond to requests for comment Sunday. They included ITT Corp., missile-maker Raytheon Co. and United Technologies Corp. Denver's Re/Max Holdings Inc., a real estate company, also made the list. One of the named companies, Israeli defense contractor Elbit, declined to comment on the matter.

Another firm on the list, truck maker Oshkosh, has worked closely with Israeli armored products maker Plasan, including on the Sand Cat armored vehicle that is used by several countries, including Israel. The Israeli Defense Ministry is reportedly seeking to buy some 200 tactical trucks from the Oshkosh, Wisconsin-based company.

Kahr Arms and Magnum Research, two sanctioned firms which share the same parent company, advertise .44-caliber Magnum and .50-caliber "Desert Eagle" pistols — a product line that previously has been made in Israel.

Meanwhile, a senior Iranian lawmaker said Iran would consider a bill branding the U.S. military and the CIA as terrorist groups if the U.S. Congress passes a bill designating Iran's Revolutionary Guard a terrorist organization.

Allaeddin Boroujerdi, the head of parliament's national security and foreign policy committee, was quoted by Iranian state television as saying the move to further sanction the Revolutionary Guard goes against the 2015 nuclear deal Iran reached with the United States and other world powers.

The nuclear deal saw Iran agree to limit its enrichment of uranium in exchange for the lifting of some economic sanctions. In the time since, Chicago-based Boeing Co. has struck a $16.6 billion deal with Iran for passenger planes.

Tehran and Washington have had no diplomatic relations since 1979, when militant students stormed the U.S. Embassy and took 52 Americans hostages for 444 days. Tensions eased slightly with the nuclear deal struck by moderate President Hassan Rouhani's administration, though hard-liners have detained those with Western ties in the time since.

Sunday's sanctions announcement also comes ahead of a May presidential election in which Rouhani is expected to seek re-election.

< >

Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Composites One Unveils Game-Changing eCommerce Platform

A New Era for Composites One? You know how companies often blast updates nobody asked for? Well, Composites One finally flipped the script. They've rolled out a completely revamped eCommerce platform across North America, and here's the kicker—it's actually built from the ground up on customer feedback. Yeah, they took the time to ask manufacturers what they needed for...

Orthocell's Remplir™ Hits Record U.S. Sales in October

Orthocell's October Surprise with Remplir™ Sales Well, isn't this a breath of fresh air? Orthocell Limited just reported a staggering rise in its U.S. Remplir™ sales for October 2026. We're talking 92 units shifting off the shelves, pulling in a tidy AU$279,000. That's an 84% leap compared to the average monthly sales of 50 units in Q1 FY27. It seems the company's...

Amazon and CarbiCrete Innovate with Cement-Free Pavers

Amazon Makes a Play for the Planet Look, I'm not one to sprinkle sugar on a cement-related chat, but I gotta say, this CarbiCrete deal has got my attention. Amazon, a titan known for its logistical empire, is diving headfirst into cement-free territory with CarbiCrete's products. In a world where cement production has been a stubborn carbon belcher, there's something big...

D-Wave Quantum Faces Legal Heat: Key Investor Timelines

Trouble Surfacing for D-Wave Quantum Investors It's another day, another dollar slipping out of an investor's pocket. Welcome to the circus. Today's main act? D-Wave Quantum, Inc., sporting a 9.51% drop in stock value. Now, those holding NASDAQ: QBTS shares during that class period between late February and August of 2026 might want to listen up. The lawyers over at...

Investigation Looms Over ADT, Instacart, Ultralife Deals

Corporate Deals Under the Microscope: What's at Stake? The headlines are shouting: ADT, Instacart, and Ultralife are all embroiled in merger activities that might not exactly be what shareholders signed up for. On the surface, you've got big names like DoorDash stepping up to snag some of these firms, but the question here is whether the deals are truly fair—or if...

Milwaukee Cylinder Unveils Tech for Longevity in Tough Conditions

Innovation Meets Contamination: ABC™ Technology Unleashed In the gritty halls of industrial manufacturing, equipment uptime can be the thin red line between profit and chaos. Milwaukee Cylinder just kicked it up a notch with their latest concoction: Active Barrier Chamber (ABC™) technology. This gizmo isn't just another shiny trinket; it's a genuine attempt to wrestle...

Infinix Unveils Global Flagship Store in Bali

Innovating Retail: Infinix Takes a Bold Step Imagine stomping the well-trodden grounds of Bali and striking the jackpot of tech experiences. That's right, Infinix is making waves with its first global Flagship Concept Store. Unveiled on October 31st, this venture is a serious flex from the tech giant, and it's absolutely in no mood to play small. The Flagship Store: A Hub...

Abracon Unveils Engineer-Focused Website Features

Pushing the Needle in Digital Engagement Some days, the market talk brews hotter than a Texas barbecue, and today it’s Abracon serving up something new. They're tossing engineers a fresh digital bone with revamped website accounts. No bells or whistles, just a clean shot at making techies' lives easier as they tinker and design. It's a world where getting your hands on...

Fresenius, WuXi Biologics Blaze New Biosimilars Trail

Fresenius Bets Big on Biopharma with WuXi Partnership A deal inked by Fresenius and WuXi Biologics is stirring up the biosimilars pot, aiming to widen Fresenius' grip on the market tenfold. We're not talking small potatoes here; we're talking up to 66 biosimilar molecules against a hefty backdrop of more than €370 billion in originator sales. It's as if they've said,...

Tampa Welcomes Global Art Fair October 2026

Tampa Steps into the Global Art Scene Get this, Tampa is gearing up for its slice of the global art pie. Come October 2026, the Tampa Convention Center will transform into a bustling hub of creativity and culture. With over 300 artists slated to pour in from every corner of the globe, this isn't just any old art fair—it's Art Fair Tampa, and it's promising to be a...