Iran’s Economy Is ‘Plummeting’ Under US Pressure
Iran’s economy is faltering after the US pulled out of a nuclear deal in May, and Europeans are deciding not to do business there, said Nikki Haley, the US Ambassador to the United Nations.
The US position remains not to do business with any EU countries that engage with Iran, and while that means European leaders such as British Prime Minister Theresa May have a decision to make, companies are already acting, Amb. Haley said in network TV interview Sunday.
“If you look, they are dropping business from Iran left and right,” Amb. Haley said. “Iran’s economy is plummeting.”
President Donald Trump will address the UN General Assembly on Tuesday and host a meeting of the UN Security Council on Wednesday, and he said Friday that the subject of the meeting will be Iran.
President Trump is expected to argue to European leaders that the Iranian nuclear deal has been a failure, and that companies in their countries are choosing to leave Iran to maintain ties with the US, according to a senior administration official who discussed President Trump’s UN plans.
The US is not seeking regime change in Iran, and rhetoric from Iranian President Hassan Rouhani shows the US pressure campaign is working, Amb. Haley said.
“They are getting desperate, and I think we’re seeing the actions of that,” Amb. Haley said.
On Syria, Amb. Haley said the US is nottrying to force President Bashar al-Assad out of office, but that it is hard to imagine him remaining in office for much longer.
“It’s a matter of time before he’s gone,’’ she said on TV Sunday.
President Trump headed to NYC early in order to meet with PM Abe of Japan to discuss lingering trade issued between the 2 countries.
Latest posts by Paul Ebeling (see all)
- Indonesia’s Chocolate Dream is Sustainable Cocoa Farming - April 21, 2019
- Ferrari’s (NYSE:RACE) ‘Seb’ Vettel is F1’s Largest Prize Money Winner With $510-M+ Take So Far - April 20, 2019
- Corporate Earning Beating Expectations Again This Season - April 20, 2019