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Biden Administration Gave Iran Sanctions Relief Days After Trump Was Elected

Thursday, December 12, 2024 4:03

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Biden and Blinken are doing all that they can to counter Trump’s plans and agenda to the detriment of the U.S. Interests in resolving conflicts. None speaks to it more than what Biden and what Blinken did regarding Iran after Trump won the November election. Let me throw in the latest in trinkets given to Ukraine as well.

Washington Free Beacon:

The Biden-Harris administration waived sanctions on Iran three days after the November election, providing Tehran access upward of $10 billion in once-frozen funds, according to a copy of the non-public order transmitted to Congress and reviewed by the Washington Free Beacon.

Secretary of State Antony Blinken determined on November 8 that “it is in the national security interest of the United States” to waive mandatory economic sanctions that bar Iraq from transferring upward of $10 billion to Iran in electricity import payments.

The Biden-Harris administration has renewed the waiver repeatedly over the objections of congressional Republicans, who warned that the cash helped fuel terrorism and Iran’s war against Israel. In one case, the administration signed off on the sanctions relief one month after Hamas’s October 7 attack on Israel.

The State Department confirmed last week that it issued the waiver.

“We remain committed to reducing Iran’s malign influence in the region,” State Department deputy spokesman Vedant Patel told reporters during a briefing. “Our viewpoint is that a stable, sovereign, and secure Iraq is critical to these efforts.”

Moving on to Ukraine-

WASHINGTON, Dec 10 (Reuters) – The U.S. Treasury Department on Tuesday said it transferred the $20 billion U.S. portion of a $50 billion G7 loan for Ukraine to a World Bank intermediary fund for economic and financial aid to the war-torn country.

The Treasury Department said the disbursement makes good on its October commitment to match the European Union’s commitment to provide $20 billion in aid backed by frozen Russian sovereign assets alongside smaller loans from Britain, Canada and Japan to help the Eastern European nation fight Russia’s invasion.

The disbursement prior to President-elect Donald Trump’s inauguration in January is aimed at protecting the funds from being clawed back by his administration. Trump has complained that the U.S. is providing too much aid to Ukraine and said he will end the war quickly, without specifying how.

The $50 billion in credit for 30 years will be serviced with the interest proceeds from some $300 billion in frozen Russian sovereign assets that have been immobilized since Russia invaded in February 2022. The G7 democracies have been discussing the plan for months and agreed on terms in October, prior to Trump’s election. (End)

Of course this has outraged Russia. Add to the news yesterday of more of our latest missiles landing in inside Russia with Putin announcing revenge.

The Pentagon has issued a stern warning about Russia’s potential launch of the experimental Oreshnik intermediate-range ballistic missile against Ukraine in the coming days. Pentagon spokeswoman Sabrina Singh stated that while the Oreshnik is not expected to alter the battlefield dynamics, it underscores Russia’s intent to intimidate Ukraine with its full arsenal.

This development comes amid heightened tensions as the US bolsters Ukraine’s defenses with nearly $1 billion in security aid and relaxes restrictions on long-range weapon usage.

Meanwhile, Russia has accused Ukraine of using US-made ATACMS missiles in a recent attack on a military air base, fueling further animosity. Russian President Vladimir Putin has responded with threats against NATO allies and a revised nuclear doctrine, escalating fears of broader conflict.

As President-elect Donald Trump pledges to end the war, the situation remains volatile, with both nations striving for strategic supremacy in their prolonged conflict.

The latest news ” From the Front” – or rather the swamp.

Source: https://bunkerville.wordpress.com/2024/12/12/biden-administration-gave-iran-sanctions-relief-days-after-trump-was-elected/

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