The federal government has awarded more than $107 billion in contract payments, grants and other benefits over the past decade to foreign and multinational American companies while they were doing business in Iran, despite Washington’s efforts to discourage investment there, records show.
That includes nearly $15 billion paid to companies that defied American sanctions law by making large investments that helped Iran develop its vast oil and gas reserves.
For years, the United States has been pressing other nations to join its efforts to squeeze the Iranian economy, in hopes of reining in Tehran’s nuclear ambitions. Now, with the nuclear standoff hardening and Iran rebuffing American diplomatic outreach, the Obama administration is trying to win a tough new round of United Nations sanctions.
International Glance
It is time for the Israeli government to be realistic with the changing political conditions in the Middle East. The national security paranoia that has defined its policy toward the Arab world is dated, and no longer helps Israel in dealing with its regional threats: in fact, this paranoia is serving only to obstruct what is left of a lagging peace process.
European countries' reluctance to investigate may have something to do with the widely held belief that the killing of al-Mabhouh was carried out by a friendly country's intelligence agency - Israel's Mossad. The Jewish state has previously identified him as the point man for smuggling weapons to the Gaza Strip's Hamas rulers.
Financial institutions based and incorporated in the United States have now been fingered by Dubai Police as having issued credit cards to some of the now dozens of suspected assassins of Hamas operative Mahmoud al-Mabhouh. The fraudulent cards were said to be used to book hotel rooms and pay for air travel.
In a ruling touching on the status of the West Bank, the European Union high court said Thursday the disputed area is not part of Israel and Israeli goods made there are subject to EU import duties.
The son of one of Hamas’s founding members was a spy in the service of Israel for more than a decade, helping to prevent dozens of Islamist suicide bombers from finding their targets, it emerged yesterday.





























