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Jennifer Jacobs @JenniferJJacobs
, 4 tweets, 2 min read Read on Twitter
The 1st phase of reimposed U.S. economic sanctions on Iran takes effect this week.

@LinNoueihed

bloomberg.com/quicktake/iran…
Trump’s sanctions will target Iran’s autos sector, and ban exports of Persian carpets and pistachios to the U.S.

US will also ban Iran from buying dollar banknotes or from trading gold and other precious metals.

@golnarM

bloomberg.com/news/articles/…
Almost 100 international companies say they plan to leave Iran, Trump admin officials told us on a conference call today, as US seeks to punish Iran for supporting terrorism.

Certain US sanctions lifted after 2015 nuclear deal will be reimposed Aug. 7. Others kick in Nov. 5.
Rouhani says Iran is open to negotiations if Trump is “sincere.”

But, Rouhani said in a televised address: “Negotiations at the same time as imposing sanctions — what meaning does that have?”
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Pence, in a briefing with reporters, says he's hopeful the shutdown can be resolved, but Democratic leaders need to accept Trump's invitation to come back to the WH this week "and start negotiating."
The reason Trump is asking for more money now for the border than in his proposed budget is because "things have gotten a lot worse," Pence says. Even the @washingtonpost reported over the weekend there's a "bonafide" crisis, he says.
Pence told reporters the Trump administration wants statutory change to allow children to apply for asylum at embassies in other countries, which would require personnel changes at State Dept.
Read 6 tweets
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BREAKING: Trump has discussed firing Federal Reserve chief Jerome Powell as his frustration has intensified after this week’s interest-rate increase and months of stock-market losses.

Advisers close to Trump aren’t convinced he will try to do it, but say he wants to.
Trump has talked privately about wanting to fire the Fed chair many times in past few days.

Any such attempt would have potentially devastating ripple effects on markets, undermining investors’ confidence in Fed’s ability to shepherd the economy without political interference.
It’s unclear how much legal authority the president has to fire Jay Powell.

And at least one of Trump’s economic advisers, Kudlow, has said a president can’t fire Federal Reserve chair without cause.

That hasn’t stopped Trump from expressing his desire to get rid of Powell.
Read 5 tweets
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"After cheating the IRS for years, lying to banks and to Congress, and seeking to criminally influence the presidential election, Cohen’s decision to plead guilty--rather than seek a pardon for his manifold crimes--does not make him a hero," NY prosecutors said in court papers.
MICHAEL COHEN in court: "I take full responsibility for each act."
COHEN, audibly emotional, says to people of US: "You deserve to know the truth and lying to you was unjust.”

Trump "publicly mocks me, calling me a rat and a liar.''

Cohen says wants to ensure that when history of Trump is written Cohen not recorded as "villain of his story."
Read 6 tweets

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Sanctions paralyzing Iran’s economy or else?
If a country’s economy is defective, sanctions can be strangulating for it.
Iran’s economy relies on oil exports, on the one hand, and imports, on the other hand.
irannewswire.org/sanctions-para…
To #Iran, imports act like airways for their economy and sanctions are blocking it. When you can’t breathe, you start to choke. So this is why sanctions have a vital role.
Water crisis
Environmental crisis
Addiction and social corruption caused by poverty
Iran’s leaders name these ‘the super-challenges’ with dozens more of social problems. It’s these crises that have brought the society to an explosive point.
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#Iran’s Leadership Has No Solutions, The People Know It
In the Islamic Republic’s Supreme Leader Ali Khamenei makes all the key
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tsarizm.com/analysis/2018/…
Not a day goes by that #Iran’s officials and parliament members don’t talk about their concerns over the unstable state of the society and their fear of #IranProtests
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"Iran leader backs suggestion to block Gulf oil exports if own sales stopped"
reuters.com/article/us-ira…

When #Iran's mullahs make such remarks, they're saber-rattling to raise the stakes, hoping to decrease the price they'll have to pay.

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 These remarks forecast military action that will threaten the lives of millions of people. This is paving the path for aggressive measures in international waters and can be held accountable as violation of international law.
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 When @khamenei_ir confirms words from @Hassan_Rouhani as "important remarks that reflect the policy & the approach of (Iran’s) system," this once again proves Rouhani being nothing but Khamenei's puppet & debunks any claims of Rouhani being a "moderate" or "reformist."
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