Iran says it will defy sanctions as USA pressures SWIFT


COGwriter

Voice of America reported the following:

November 5, 2018

The United States reimposed sanctions on Iran’s oil industry and financial sector Monday, following through on President Donald Trump’s pledge to roll back relief Iran received as part of the international agreement to limit its nuclear program.

Secretary of State Mike Pompeo and Treasury Secretary Steven Mnuchin are due to provide more details about the sanctions at a morning news conference.

The measures bring back bans on the purchase of Iranian oil, which is a major part of the country’s economy. Trump administration officials have said eight entities are being given short-term waivers to allow them time to completely wind down their existing Iranian oil imports.

The reimposed sanctions will also target Iran’s central bank and the country’s shipping and shipbuilding sectors.

Iranian President Hassan Rohani said in a televised speech Monday that Iran will break the U.S. sanctions and continue to sell oil.

Trump said in a statement Friday that the purpose is to force Iran’s leaders to choose either to abandon what he calls Iran’s “destructive behavior” or to “continue down the path toward economic disaster.”

The U.S. president abandoned the nuclear agreement in May, accusing Iran of violating the deal. He said Iran was continuing its pursuit of nuclear weapons, and that the sanctions relief gave Iran cash to carry out destabilizing activities in the Middle East.

Iran denied its nuclear program was directed at producing nuclear weapons as it reached the 2015 agreement with the United States, Britain, China, France, Russia and Germany. The U.N.’s atomic energy agency, which was tasked with monitoring the implementation of the agreement, has certified in multiple reports that Iran is in compliance.

All of the other signatories have argued the agreement is the best way to ensure Iran does not develop nuclear weapons, and Iranian officials have pledged to remain a party as long as the other non-U.S. parties continue observing it.

On Saturday, Iran’s Supreme Leader Ayatollah Ali Khamenei denounced the reimposition of U.S. sanctions, saying Trump had hurt U.S. standing in the world and that Iran would ultimately come out as the winner. https://www.voanews.com/a/us-sanctions-on-iranian-resources/4644809.html

Here are a couple of reports from European-based news sources:

5 November 2018

Iran’s President Hassan Rouhani has vowed to “break” swingeing sanctions re-imposed by the US targeting core parts of the economy. …

“We will proudly break the sanctions,” he said at a meeting of economic officials.

European countries which are still party to the accord designed to curb Iran’s nuclear activity say they will help businesses bypass the sanctions. But there are doubts about how successful this will be.

Even before the US sanctions were re-imposed, Iran’s economy had had a difficult year, with Iran’s currency, the rial, plummeting against the dollar, driving up the price of basic goods. …

The UK, Germany and France – which are among the five countries still committed to the nuclear pact – have all objected to the sanctions.

They have promised to support European firms that do “legitimate business” with Iran and have set up an alternative payment mechanism – or Special Purpose Vehicle (SPV) – that will help companies trade without facing US penalties. https://www.bbc.com/news/world-middle-east-46094489

5 November 2018

Rouhani described his country as preparing to buckle down under assault.

“We are in the economic war situation. We are confronting a bullying enemy. We have to stand to win,” he said. “Today the enemy (the United States) is targeting our economy … the main target of sanctions is our people.”

US wants to stymie Iran’s oil exports

The United States has said it wants to reduce Iranian exports to zero barrels and would sanction countries and companies that buy Iran’s oil. But the Trump administration has toned down that demand to avoid hurting ally economies and unsettling oil markets by taking OPEC’s third-largest oil producer out of the market.

The US strategy relies heavily on Saudi Arabia pumping at its maximum capacity of 12 million barrels a day, up from under 11 million barrels today. …

To keep the nuclear deal afloat, the EU, China and Russia are scrambling to roll out a special purpose vehicle to process transactions and oil purchases from Iran. …

Even if firms can use the SPV, any US company it does business with could face punishment.

Another signatory to the nuclear deal, China, has said it regrets the re-imposition of sanctions and that its lawful trade with Iran should be respected. https://www.dw.com/en/us-sanctions-iran-vows-to-sell-oil-resist-us-economic-war/a-46154921

Essentially, the USA seems to be hoping it can force Iran to make a new deal, while not causing oil prices to rise so much as to cause economic upheaval. Even if those objectives are attainable, there is a cost to the USA for this.

BTW, here is the list of 8 nations that have been granted a temporary waiver to keep buying Iranian oil for a time: China, India, S. Korea, Turkey, Italy, Greece, Japan and Taiwan (https://www.fxstreet.com/news/us-sec-of-state-pompeo-temporary-oil-waivers-granted-to-china-india-s-korea-turkey-italy-greece-japan-and-taiwan-201811051341).

It was interesting, to me at least, that the two European news sources mentioned that the Europeans and others are looking for ways to pay (called a special purpose vehicle) to get around some of the USA’s financial control.

Part of that control has to do with its influence over a system called SWIFT:

November 2, 2018
US Treasury Secretary Steven Mnuchin has warned global financial messaging service SWIFT on Friday that it could be penalized if it doesn’t cut off financial services to entities and individuals doing business with Iran.

The warning comes as the Trump administration announced the re-imposition of all US sanctions on Iran that had been lifted under the 2015 nuclear deal. The latest sanctions take effect November 4 and cover Iran’s shipping, financial and energy sectors.

“SWIFT is no different than any other entity,” Mnuchin told reporters, adding “We have advised SWIFT that it must disconnect any Iranian financial institutions that we designate as soon as technologically feasible to avoid sanctions exposure.”

The Trump administration is pressuring its allies to cut Iranian oil imports to “zero” next month. By cutting the country off from SWIFT, Iran would lose its ability to be paid for its exports and to pay for imports. …

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is a financial network that provides high-value cross-border transfers for members across the world. It is based in Belgium, but its board includes executives from US banks with US federal law allowing the administration to act against banks and regulators across the globe. …

Washington’s pressure has pushed Brussels to look at creating a SWIFT alternative. In August, German Foreign Minister Heiko Maas called on the European Union to set up an independent equivalent of the system. Later, EU Foreign Affairs Chief Federica Mogherini confirmed that the bloc’s signatories remain committed to the nuclear deal with Iran and are working to create special payment channels to do business with the Islamic Republic. https://www.rt.com/business/442970-us-threatens-to-smack-swift/

So, we see US Treasury Secretary Steven Mnuchin’s warning on Friday. So, see what is in the news today:

November 5, 2018

SWIFT financial messaging service said on Monday it is suspending some unspecified Iranian banks’ access to its messaging system in the interest of the stability and integrity of the global financial system. https://www.reuters.com/article/usa-iran-sanctions-swift/swift-says-suspending-some-iranian-banks-access-to-messaging-system-idUSL2N1XG0FM

US President Trump’s tough talk in various areas (like trade and banking sanctions) are encouraging the EU, China, Russia, Pakistan, Iran, Turkey, North Korea, and Venezuela to take steps to protect themselves from aspects of his threats.

Notice the following:

November 4, 2018

Turkish Foreign Minister Mevlut Cavusoglu’s recent remarks echoed President Recep Tayyip Erdogan’s earlier call to put an end to the dollar’s domination and begin trading in national currencies.

Delivering an opening speech at the 18th session of the D-8 Council of Foreign Ministers in Antalya, Turkish Foreign Minister Mevlut Cavusoglu announced that Ankara was looking to engage in trade with Russia, China and Iran using national currencies.

“We are experiencing a period of trade wars. The best response against this would be using our local currencies in trade. Turkey is preparing to do trade in local currencies with countries such as China, Russia, Iran and Ukraine. We also continue such negotiations with other countries,” he said.

Cavusoglu also stated that it was possible to implement such a plan within the D-8 Organization for Economic Cooperation, also known as the Developing-8, which includes eight emerging economies from the Islamic world – Bangladesh, Turkey, Pakistan, Indonesia, Iran, Malaysia, Egypt and Nigeria. https://sputniknews.com/world/201811041069494489-turkey-national-currency-trade/

Notice also the following from Michael Krieger:

The Tectonic Plates of Geopolitics Are Starting to Shift

August 27, 2018

The United States is currently waging economic warfare against one tenth of the world’s countries with cumulative population of nearly 2 billion people and combined gross domestic product (GDP) of more than $15 trillion.

These include Russia, Iran, Venezuela, Cuba, Sudan, Zimbabwe, Myanmar, the Democratic Republic of Congo, North Korea and others on which Washington has imposed sanctions over the years, but also countries like China, Pakistan and Turkey which are not under full sanctions but rather targets of other punitive economic measures.

I think history will show Trump’s decision to unilaterally scrap the Iran deal (JCPOA) was the catalyst that caused much of rest of the world to get serious about creating alternative financial rails on which to conduct global business. Nation-states the world over are coming to the obvious conclusion that it’s virtually impossible to execute independent foreign policy in the content of a global financial system so completely dominated by the U.S. …

We’re beginning to see the emergence of a global consensus related to two crucial geopolitical perspectives:

  1. A growing understanding that a world unilaterally controlled by an imperial U.S. which demands all other nations accept vassal status is no longer tenable.
  2. Recognition that a more multi-polar world cannot truly come into being without displacing, or at the very least creating, a viable alternative(s) to the USD-centric global financial system. …

I expect the world to be entirely different in structure by around 2025. https://libertyblitzkrieg.com/2018/08/27/the-tectonic-plates-of-geopolitics-are-starting-to-shift/

Michael Krieger may well be right that we could have a world with what would be considered an entirely different structure by 2025. The end of humanities 6000 years of human rule is getting closer (see Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End?) and it will end with the final time of the Gentiles. This rise coincides with the End of the Anglo-American Order.

While the sanctions are expected to hurt Iran’s economy, Iran expects to work around them as it has done in the past. Iran, if it feels backed into a corner, may well take military actions that the USA and Israel will not like (cf. (Isaiah 22:1-14).

Just like Iran is looking to take steps to get around USA sanctions, the EU is looking to take steps to insure its future existence. Developing a ‘special purpose vehicle’ or other system to get around the USA pressured SWIFT system is something that the Europeans seem to believe they are being pushed into doing.

The USA will NOT like how this will end (cf. Daniel 11:39). Notice also the following videos:

US Sanctions and Tariffs leading to New World Order?

Russian Prime Minister Dmitry Medvedev said new US sanctions would be a declaration of economic war. Iran, North Korea, China, Europe, and Turkey are also upset about USA sanctions and tariffs. A Turk asserted “Somebody must find a solution and stop the USA.” The BRICS nations see US sanctions and tariffs as helpful to their objectives to trade without the USA. Are “unintended consequences” of USA policies threatening the current Anglo-American world order and leading to a New World Order? What has ‘Lord’ Jacob Rothschild and Russian President Vladimir Putin stated? Does Bible prophecy show that a confederation of Turks, Arabs, and Europeans pose a real threat to the USA and UK? Is the final time of the Gentiles coming? Will it be worse than people imagine? Dr. Thiel addresses these issues and more.

Here is a link to our video: US Sanctions and Tariffs leading to New World Order?

A recent headline was “Is Trump Pushing Germany to Russia?” There have been comments by German and Russian leaders that they have aligned interests that Donald Trump opposes and need to take financial, military, and other steps to assist Europe. Russia and the EU (European Union) still support the Iran nuclear deal, Paris Climate accords, and the World Trade Organization, despite Donald Trump’s actions against them. Have there been comments to replace the USA’s SWIFT system by the Russians and Germans? What is Russia’s MIR payment system? What about talks for the EU to have trade and other arrangements with the EAEU (Eurasian Economic Union)? Did the old Radio Church of God foretell of the development of a Russian and German plan to eliminate the USA? Has Russia indicated that it wants Alaska back? Is the giving of USA territories to Russia by a coming European leader consistent with a prophecy in the Book of Daniel?

Here is a link to our video: Is Donald Trump pushing Europe to Russia?

The reaction of many leaders in Europe to US President Donald Trump’s trade statements and his withdrawal from the Iranian nuclear arms deal has led some to state this is a “revolt” from Europe. Some say ‘America First.’ should lead to ‘Europe First.’ It has been reported that Europe needs to be “clever” as it develops its military and economy to be less dependent upon the USA. EU Council President Donald Tusk tweeted that with friends like the USA, who needs enemies. EU Commission President Jean-Claude Juncker said , “We have to replace the United States.” Will some of the unintended consequences of Donald Trump’s actions lead to World War Three and the end of the USA? Does the Bible teach this? Does the Bible teach that friendly allies will become enemies? Will an ally that defeats the USA say it happened because of being clever? Are things the same or are we seeing real changes that align with properly understood biblical prophecies? Dr. Thiel addresses these issues and more.

Here is a link: Will Europe’s Revolt Against Donald Trump Lead to WWIII?

Europe is looking for ways around the Iranian sanctions (see USA reimposing sanctions against Iran, while EU resists and ‘European Powers Prepare To Ditch Dollar In Trade With Iran’).

Furthermore, the USA does not seem to realize that it is undermining its position as the world’s primary reserve currency through its sanctions and other policies.

This is an unintended consequence of Donald Trump’s policies.

As is the pushing of the EU closer to Russia and Iran.

USA sanctions are pushing the Gentile nations to come up with something that the USA will not like.

This will not end well for the USA (cf. Daniel 11:39).

Some items of possibly related interest may include:

The Times of the Gentiles Has there been more than one time of the Gentiles? Are we in it now or in the time of Anglo-America? What will the final time of the Gentiles be like? A related sermon is available and is titled: The Times of the Gentiles.
Iran in Prophecy Is Iran in Bible prophecy? If so, what does the Bible teach? What names, other than Persia, may be used to describe Iran? There is also a related YouTube video titled Iran In Prophecy.
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Is China paving roads to Armageddon? China is working on something known as the ‘Silk Road’ project or the “One Belt, One Road” initiative. NBC reports that China intends to spend one trillion dollars to build roads, bridges, railroads, and maritime facilities to reach from China to Europe and China to the Middle East. Over 60 nations, including Russia, are involved with this. Could this Silk Road project possibly produce thoroughfares that could be used by troops that will amass at Armageddon? Dr. Thiel discusses this project and some of its potential prophetic ramifications in this video.
Armageddon Who is involved and when will this gathering happen? Here is also a video from Dr. Thiel, from Tel Megiddo in Israel: Armageddon.
China, Its Biblical Past and Future, Part 1: Genesis and Chinese Characters Where did the Chinese people come from? This article provides information showing that the Chinese peoples must have known about various accounts in the Book of Genesis up until their dispersion after the Tower of Babel. Here is a link to a version of this article in Spanish: ¿Prueban los caracteres chinos la exactitud de la Biblia?
China, Its Biblical Past and Future, Part 2: The Sabbath and Some of God’s Witness in China When did Christianity first come to China? And is there early evidence that they observed the seventh day sabbath?
Asia in Prophecy What is Ahead for Asia? Who are the “Kings of the East”? What will happen to nearly all the Chinese, Russians, Indians, and others of Asia? China in prophecy, where? Who has the 200,000,000 man army related to Armageddon? A YouTube video of interest may be Is China THE Threat to the United States of America?
Is Russia the King of the North? Some claim it is. But what does the Bible teach? Here is a link to a video, also titled Is Russia the King of the North?
Ezekiel 38: For Russia & Iran in Our Day? Is Ezekiel 38 about to be fulfilled? A related video is available titled Ezekiel 38: For Russia, Ukraine, & Iran Now? Another could be Russia, Iran, Syria, & the Bible (Code).
Russia and Ukraine: Their Origins and Prophesied Future Russia in prophecy. Where do the Russians come from? What about those in the Ukraine? What is prophesied for Russia and its allies? What will they do to the Europeans that supported the Beast in the end? There is also a video sermon available: Russia in the Bible and in Prophecy and a video sermonette available: Ukraine in Prophecy?
Teachings Unique to the Philadelphia Church of God Simply calling oneself ‘Philadelphia’ does not make one so (see Revelation 3:7-9), nor does Gerald Flurry calling himself “that prophet” make it so. This article provides many quotes from this group which tries to look faithful.
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Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? Here is a link to a video titled: The Future King of the North.
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Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? In the Spanish language check out ¿Quién es el Rey del Norte? Here is a link to a video titled: The Future King of the North.
The Great Monarch: Biblical and Catholic Prophecies Is the ‘Great Monarch’ of Catholic prophecies endorsed or condemned by the Bible? Two sermons of related interest are also available: Great Monarch: Messiah or False Christ? and Great Monarch in 50+ Beast Prophecies.
The Gospel of the Kingdom of God This free online pdf booklet has answers many questions people have about the Gospel of the Kingdom of God and explains why it is the solution to the issues the world is facing. Here are links to three related sermons: The World’s False Gospel, The Gospel of the Kingdom: From the New and Old Testaments, and The Kingdom of God is the Solution.
Did The Early Church Teach Millenarianism? Was the millennium (sometimes called chiliasm) taught by early Christians? Who condemned it? Will Jesus literally reign for 1000 years on the earth? Is this time near? Two related sermons are available Millennial Utopia and The Millennium.
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2026 or 20xx? There is also a video titled 6000 Years: When will God’s Kingdom Come? Here is a link to the article in Spanish: ¿Tiene Dios un plan de 6,000 años?
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The Times of the Gentiles Has there been more than one time of the Gentiles? Are we in it now or in the time of Anglo-America? What will the final time of the Gentiles be like? A related sermon is available and is titled: The Times of the Gentiles.: Can the Great Tribulation begin in 2018?
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Donald Trump and America’s Apocalypse This 188 page book is for people truly interested in prophecies related to Donald Trump and the United States, including learning about several that have already been fulfilled and those that will be fulfilled in the future. The physical book can be purchased at Amazon for $12.99 from the following link: Donald Trump and America’s Apocalypse.
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