U.S. imposes fresh Iran-related sanctions targeting individual, entity

FILE PHOTO: A sign marks the U.S Treasury Department in Washington, U.S., August 6, 2018. REUTERS/Brian Snyder/File Photo

WASHINGTON (Reuters) – The United States on Thursday imposed fresh Iran-related sanctions, blacklisting an entity and an individual as Washington continues to ramp up pressure on Tehran during U.S. President Donald Trump’s final months in office.

The U.S. Treasury Department in a statement said that it had slapped sanctions on Shahid Meisami Group and its director, accusing the entity of being involved in Iran’s chemical weapons research and linked to the Iranian Organization of Defensive Innovation and Research, which is blacklisted by Washington.

The move comes days after the killing of the Islamic Republic’s top nuclear scientist last week. Iran’s supreme leader promised on Saturday to retaliate for the killing, raising the threat of a new confrontation with the West and Israel in the remaining weeks of Trump’s presidency.

“Iran’s development of

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U.S. Imposes Fresh Iran-Related Sanctions Targeting Individual, Entity | World News

WASHINGTON (Reuters) – The United States on Thursday imposed fresh Iran-related sanctions, blacklisting an entity and an individual as Washington continues to ramp up pressure on Tehran during U.S. President Donald Trump’s final months in office.

The U.S. Treasury Department in a statement said that it had slapped sanctions on Shahid Meisami Group and its director, accusing the entity of being involved in Iran’s chemical weapons research and linked to the Iranian Organization of Defensive Innovation and Research, which is blacklisted by Washington.

The move comes days after the killing of the Islamic Republic’s top nuclear scientist last week. Iran’s supreme leader promised on Saturday to retaliate for the killing, raising the threat of a new confrontation with the West and Israel in the remaining weeks of Trump’s presidency.

“Iran’s development of weapons of mass destruction is a threat to the security of its neighbors and the world,” Treasury Secretary

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U.S. Imposes Sweeping Sanctions on Iran, Targets Khamenei-Linked Foundation | World News

By Daphne Psaledakis and Humeyra Pamuk

WASHINGTON (Reuters) – The United States on Wednesday imposed broad sanctions targeting Iran, blacklisting a foundation controlled by Supreme Leader Ayatollah Ali Khamenei and taking aim at what Washington called Iran’s human rights abuses a year after a deadly crackdown on anti-government demonstrators.

The sanctions announced by the U.S. Treasury Department, which also targeted Iran’s intelligence minister, are the latest action to reinforce the “maximum pressure” campaign on Iran pursued by President Donald Trump’s administration. They come little more than two months before Trump is due to hand over power to Joe Biden after losing a Nov. 3 election.

The department imposed sanctions on what it described as a key patronage network for Khamenei. It said it blacklisted the Bonyad Mostazafan, or the Foundation of the Oppressed, which is controlled by Khamenei, in a move also targeting 10 individuals and 50 subsidiaries of the

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U.S. imposes sweeping sanctions on Iran, targets Khamenei-linked foundation

WASHINGTON (Reuters) – The United States on Wednesday imposed broad sanctions targeting Iran, blacklisting a foundation controlled by Supreme Leader Ayatollah Ali Khamenei and taking aim at what Washington called Iran’s human rights abuses a year after a deadly crackdown on anti-government demonstrators.

FILE PHOTO: Iran’s Supreme Leader Ayatollah Ali Khamenei delivers a virtual speech, on the occasion of the Prophet Mohammad’s birthday, in Tehran, Iran November 3, 2020. Official Khamenei Website/Handout via REUTERS

The sanctions announced by the U.S. Treasury Department, which also targeted Iran’s intelligence minister, are the latest action to reinforce the “maximum pressure” campaign on Iran pursued by President Donald Trump’s administration. They come little more than two months before Trump is due to hand over power to Joe Biden after losing a Nov. 3 election.

The department imposed sanctions on what it described as a key patronage network for Khamenei.

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U.S. imposes Iran-related sanctions on individuals, companies

WASHINGTON (Reuters) – The United States on Tuesday imposed Iran-related sanctions on six companies and four people, accusing the network of supplying sensitive goods to an Iranian military firm in the Trump administration’s latest move to increase pressure on Tehran.

The U.S. Treasury Department in a statement accused the companies and individuals of facilitating the procurement of sensitive goods, including U.S.-origin electronic components, for Iran Communication Industries, an Iranian military firm blacklisted by Washington and the European Union.

The firm produces military communication systems, avionics and missile launchers, among other items, the Treasury said.

Tuesday’s action, taken under an authority that imposes sanctions on weapons of mass destruction proliferators and their supporters, freezes any U.S. assets of those blacklisted and generally bars Americans from dealing with them.

“The Iranian regime utilizes a global network of companies to advance its destabilizing military capabilities,” Treasury Secretary Steven Mnuchin said in the statement.

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Sony expects sensor business to not recover from Huawei sanctions until FY22

Sony on Wednesday announced it has cut the FY20 profit outlook for its sensor business by 38% to ¥81 billion due to the United States banning Sony from supplying chips to Huawei. 

In August, the United States issued sanctions that ban Huawei from procuring chips made by foreign manufacturers using US technology, like Sony.

Due to this impact, CFO Hiroki Totoki anticipates the sensor business will not make a full recovery in profitability until the fiscal year ended March 2023.

“We expect that it will take a long time for other customers to follow the trend to higher-functionality and larger die-sized smartphone cameras that the Chinese customer was leading. Thus, we expect the substantial recovery of profitability driven by these high value-added products to take place in the fiscal year ending March 31, 2023,” Totoki said during the results presentation.

Despite the hit to Sony’s sensor business, the company has

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US sanctions Russian institute tied to dangerous computer program

Washington imposed sanctions on Friday on a Russian research institute tied to the development of a dangerous computer program capable of causing catastrophic industrial damage, a move that Russia called illegitimate.

The US Treasury Department alleged that the Russian government-backed Central Scientific Research Institute of Chemistry and Mechanics – also known by its Russian acronym, TsNIIKhM – was responsible for “building customized tools that enabled the attack” on an unidentified petrochemical facility in the Middle East in 2017.

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The attack electrified the cybersecurity community when it was made public by researchers that year because – unlike typical digital intrusions aimed at stealing data or holding it for ransom – it appeared aimed at causing physical damage to the facility itself by disabling its safety system.

Nathan Brubaker, an analyst with cybersecurity company FireEye – which

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Huawei’s new smartphone could be its last, as U.S. sanctions clamp down on access to chipsets

Since Sept. 15, U.S. sanctions have cut Huawei off from key suppliers of semiconductors, all of which require U.S. technology for their operations. Its new Mate 40 phones will be outfitted from Huawei’s stock of prepurchased processors, analysts say, with no immediate avenue for replenishing its supply.

Jeff Pu, a technology analyst at GF Securities, estimates that Huawei has enough chipsets now to make 80 million smartphones, which could last them through March or April.

“After that there’s no chipsets, so the smartphone shipments will come down to zero,” he said.

Neil Shah, an analyst at Counterpoint Research, said the outlook for Huawei depends largely on the U.S. election and if Washington eases its sanctions in coming months.

“If Biden wins, there could be some ray of hope for Huawei,” Shah said. “If Trump wins, it doesn’t look that great for Huawei.”

Huawei’s chip shortage will likely limit the availability

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