Sunday, Mar 18th

Last update05:20:13 AM GMT

You are here News International U.S. Enriches Companies Defying Its Policy on Iran

U.S. Enriches Companies Defying Its Policy on Iran

E-mail Print PDF

The federal government has awarded more than $107 billion in contract payments, grants and other benefits over the past decade to foreign and multinational American companies while they were doing business in Iran, despite Washington’s efforts to discourage investment there, records show.

That includes nearly $15 billion paid to companies that defied American sanctions law by making large investments that helped Iran develop its vast oil and gas reserves.

For years, the United States has been pressing other nations to join its efforts to squeeze the Iranian economy, in hopes of reining in Tehran’s nuclear ambitions. Now, with the nuclear standoff hardening and Iran rebuffing American diplomatic outreach, the Obama administration is trying to win a tough new round of United Nations sanctions.


Most Recent Related Stories...

Russian Hackers Attacking U.S. Power Grid and Aviation, FBI Warns

Russian hackersRussian hackers are conducting a broad assault on the U.S. electric grid, water processing plants, air...

Russian exile Nikolai Glushkov found dead at his London home

Russian exile found dead in London apt. A Russian exile who was close friends with the late oligarch Boris Berezovsky has been found...

Britain to Expel Russian Diplomats in Wake of Spy Poisoning

Britain to Expel Russian DiplomatTwenty-three Russian diplomats will be expelled from the U.K. after Russia failed to meet a midnight...

French fashion designer Givenchy dies at 91

Hubert de Givenchy dies at 91 Audrey Hepburn glides through the credits of the 1961 film Breakfast at Tiffany’s in a black...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!