U.S. imposes new Iran sanctions for ballistic missile testing

WASHINGTON -- The United States on Sunday imposed sanctions against 11 individuals and entities involved in Iran's ballistic missile program as a result of Tehran's firing of a medium-range ballistic missile, a new punishment one day after the Obama administration lifted economic penalties against the Islamic Republic over its nuclear program.

See Full Article

The missile program "poses a significant threat to regional and global security, and it will continue to be subject to international sanctions," said Adam J. Szubin, the Department of the Treasury's acting undersecretary for terrorism and financial intelligence in a statement.

He said the U.S. has made it clear that it will "vigorously press sanctions against Iranian activities" outside the terms of the nuclear agreement. Szubin cited Iran's "support for terrorism, regional destabilization, human rights abuses, and ballistic missile program."

Also Sunday, Secretary of State John Kerry said in a statement that the U.S. and Iran had settled a dispute over $400 million in Iranian money dating back to before the 1979 Islamic Revolution and end of diplomatic ties. The Iranians also get $1.3 billion in interest. At issue was money used by Iran to buy military equipment from the U.S. before the break in ties between the countries.

U.N. experts said in a report in December that the missile test in October violated sanctions banning Iran from launches capable of delivering nuclear weapons. The U.S. also believes there was a November missile test.

U.S. officials have said the Department of the Treasury planned to announce the penalties in late December, but held off after Iran's foreign minister said they could have derailed the prisoner exchange that took place this weekend.



Advertisements

Latest Canada & World News

  • No plan to seize Iraqi oil, U.S. defence secretary says

    World News CTV News
    BAGHDAD - U.S. Defence Secretary Jim Mattis said Monday the United States does not intend to seize Iraqi oil, shifting away from an idea proposed by U.S. President Donald Trump that has rattled Iraq's leaders. Source
  • Residents concerned about flooding as California braces for another storm

    World News CTV News
    TRACY, Calif. - Some Northern California residents are preparing for another powerful Pacific storm by patrolling levees for signs of danger, reviewing evacuation plans and filling hundreds of sand bags. One resident near Tracy, which is 128 kilometres east of San Francisco, said that though the levees appear in good shape, they decided take charge after the San Joaquin River started rising. Source
  • Los Angeles ranked most congested city in world

    World News CTV News
    DETROIT -- When it comes to getting stuck in traffic on the way to and from work, Los Angeles leads the world. Drivers in the car-crazy California metropolis spent 104 hours each driving in congestion during peak travel periods last year. Source
  • Malnutrition killing inmates in Haiti jails, prosecutors say

    World News CTV News
    PORT-AU-PRINCE, Haiti -- Dozens of emaciated men with sunken cheeks and protruding ribs lie silently in an infirmary at Haiti's largest prison, most too weak to stand. The corpse of an inmate who died miserably of malnutrition is shrouded beneath a plastic tarp. Source
  • Pro-immigration held across U.S. to support Muslims

    World News CTV News
    NEW YORK - Demonstrations were held in cities around the U.S. this weekend to support Muslim Americans and to protest President Donald Trump's immigration policies. More than a thousand people of various faiths rallied in New York City on Sunday. Source
  • Ex-cop says Duterte paid him and others to kill suspects

    World News CTV News
    Philippine President Rodrigo Duterte, left, berates erring policemen during an audience at the Presidential Palace grounds in Manila, Philippines, on Feb. 7, 2017. (Robinson Ninal / Presidential Photographers Division, Malacanang Palace) Source
  • Video footage shows attack in airport on Kim Jong Nam

    World News CTV News
    KUALA LUMPUR, Malaysia -- Security camera footage obtained by Japanese television appears to show a careful and deliberate attack last week on the exiled half brother of North Korea's ruler. The footage, obtained by Fuji TV and often grainy and blurred, seems to show two women approaching Kim Jong Nam from different directions as he stands at a ticketing kiosk at the budget terminal of the Kuala Lumpur airport. Source
  • Trump's 'streamlined' travel ban targets same countries

    World News Toronto Sun
    WASHINGTON — A draft of President Donald Trump’s revised immigration ban targets the same seven countries listed in his original executive order and exempts travellers who already have a visa to travel to the U.S., even if they haven’t used it yet. Source
  • B.C. woman calls for change to Air Canada's dog policy

    Canada News CTV News
    A B.C. woman is speaking out against Air Canada's policy on transporting certain types of dogs, after her pit bull-cross got stuck in Calgary after a medical procedure. Robyn Larocque, who lives in Highlands, near Victoria, B.C. Source
  • On frozen fields, North Korean farmers prep for battle ahead

    World News CTV News
    PYONGYANG, Korea, Democratic People's Republic Of -- Plug your noses and ready your "Juche fertilizer." It's time to prep the frozen fields in North Korea. North Korea relies on its farmers to squeeze absolutely all they can out of every harvest. Source