Sanctions enforced last month have left Iran’s shipping, banking, oil, energy and shipbuilding industries floundering.
In the fallout, the Iranian rial has lost more than a quarter of its value against the dollar, sending the prices of food and other basic commodities soaring.
“The US sanctions on Iran are intended, as Secretary of State Mike Pompeo declared, to choke off funds that the regime uses to support its malign activities in the region,” said Dr Albadr Al-Shateri, politics professor at the National Defense College in Abu Dhabi.
“The second purpose is to target Iranian elites who line their pockets at the expense of Iranians’ welfare. Finally, the sanctions bring maximum pressure on the ruling regime to change its behavior.”
Pompeo said that Iran’s leaders must be “made to feel the painful consequences” of their violence and corruption.
Al-Shateri said: “The sanctions, despite their unilateral nature, have hurt Iran. Many companies that had planned to invest in Iran changed course, fearing US punitive sanctions.
“The Iranian currency plunged, unemployment is high and inflation is soaring. The International Monetary Fund points to declining growth due to the sanctions.”
Frustration at the declining economy has led to protests in Iran. “The policy … is clearly intended to clip Tehran’s wings and undermine its legitimacy,” said Al-Shateri.
“The regime in Tehran will use the sanctions as a rallying cry against Washington. But despite demonstrations against Iran’s government, a groundswell of support for regime change isn’t materializing.”
Al-Shateri cited two reasons for this: The regime’s ability and willingness to suppress protests, and the Iranian people’s despondence, reticence and fatigue, as evidenced by the dwindling number of demonstrators.
Read more: Al Bawaba
Iran Briefing | News Press Focus on Human Rights Violation by IRGC, Iran Human Rights
Jul 18, 2020 Comments Off on Iran police vow to deal ‘decisively’ with any further protests
Jul 17, 2020 Comments Off on IRGC arrests counter-revolutionary elements in NE Iran
Jul 09, 2020 Comments Off on Iran’s Regime Disgraceful Act in Handing Over Island to China: Sign of Mullahs’ Desperation and Deadlock
Jul 08, 2020 Comments Off on U.S. Killing Of Iran’s Gen. Soleimani ‘Was Unlawful,’ U.N. Expert Says
Aug 04, 2020 Comments Off on Iraqi telecommunication firm accused of collaboration in assassination of General Soleimani
Aug 04, 2020 Comments Off on Saudis say they ‘forced’ three Iranian boats to leave their waters
Aug 04, 2020 Comments Off on Iran exports 2nd non-oil cargo to Oman via Sirik Port
Aug 02, 2020 Comments Off on Military Tribunal To Investigate ‘Astronomical Corruption’ Case Linked To IRGC
Jul 25, 2020 Comments Off on ‘Flagrant violation’: Iran protests US jet approach at UNIran has protested the “flagrant violation” of international law to the United Nations after it said United States fighter jets sparked panic on an Iranian passenger plane over Syria. ...
Jul 22, 2020 Comments Off on Ayatollah Khamenei Hints Iran Yet to Strike ‘Reciprocal Blow’ Against US Over Soleimani KillingThe January 3 drone strike assassination of Revolutionary Guards Quds Force commander Qasem Soleimani in Baghdad brought Iran and the US to the brink of war, with Tehran responding with missile strikes on...
Feb 10, 2020 Comments Off on Qasem Soleimani, a hero or a terrorist?On 3rd of January a news spread in social media regarding Qasem Soleimani and AbuMahdi Mohandes who has died by a US drone strike near Baghdad Airport and this was the end of their lives. In social media, especially Iranian users, there was a chaotic situation, some called of “the general of...