How Iran Is Working Around Sanctions
Sticks to couriers, trading firms in other countries: US Treasury
By Matt Cantor, Newser User
Posted Jan 11, 2013 1:21 AM CST
Iranian President Mahmoud Ahmadinejad gestures after a press conference on the sidelines of the Bali Democracy Forum in Nusa Dua, Bali, Indonesia, Thursday, Nov. 8, 2012.   (AP Photo/Dita Alangkara)

(Newser) – Iran is managing to sneak around heavy economic sanctions using other countries' private trading houses, fake identities, and something called hawala, the US Treasury tells reporters. The sanctions have left the country "almost without recourse through ordinary banking channels," says a spokesman. So Iranian officials are in some cases turning to hawala, an illegal system used in the Middle East and Asia that transfers cash via couriers, the New York Times reports.

Hawala is tough to track, and Iran is sticking to smaller transactions—in the tens of thousands of dollars—to keep things under the radar. Still, "hawalas are even less perfect substitutes for banks," says the US official. "It’s a mechanism that only works if you have absolute trust of the individuals involved." The Treasury rep called hawala and other practices "an evolving and emerging threat," noting, "two years ago we saw little of this because Iran was able to find banks that were able to handle its business." Lately, Iran has acknowledged the effectiveness of the sanctions: Its oil minister this week said exports and revenue had dropped by 40% in 2012 compared to 2011.

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clarenccharlie
Jan 11, 2013 8:15 PM CST
let find a way to stop drug house ,mafia, Terrorist ,drug dealers anything similar in some part of Hawaii LIKE Waianae SEEM TO HAVE 2 OR 3 DRUG PUSHER OR USER THE # IS GROWING LET FIND A WAY TO STOP THEM WE WANT OUR TOWN BACK.
AlexanderArgentina
Jan 11, 2013 9:30 AM CST
Russia : Syrian Opposition Allies Plan Provocation Involving Slavs to Defame Russia The Syrian opposition allies are preparing provocative operations involving Slav mercenaries in a bid to defame Russia's reputation as one of the mediators in the negotiation process, a military-diplomatic source said Friday. The source added the interested states are recruiting Russian, Ukrainian and Belarusian citizens who should play the role of Russian “mercenaries”, allegedly fighting for the regime in Syria. " According to the scenario, these mercenaries will be taken as prisoners by the armed terrorist groups of the so-called free army and will then testify on camera, " the source said. It added that plots to that end are due to be filmed in Turkey and Jordan, where large-scale scenery of allegedly destroyed Syrian cities has long since been built and has been actively used for misinformation purposes. The source pointed to the United Nations' charge of Russia of supporting the Syrian leadership and to the news broadcast by the Western media to instigate the issue of sending Russian arms to Syria. It said that the aim of this provocation is to accuse Russia of interfering directly in the events in Syria and to denude it of its role as a mediator in the negotiation process. According to the source this will enable the interested states of the West and the Middle East to create the necessary conditions for changing the regime in Syria. Taftanaz Airport Guards Repel Terrorists Attempt to Break into the Airport The guards of Taftanaz airport in Idleb countryside repelled a terrorist group that tried to storm into the airport on Thursday. The guards inflicted heavy losses upon the terrorists, killing and injuring a number of them, while the rest fled. Leader of so-called al-Farouq Battalion, terrorist, Thaer Waqqad, was killed in Sarmada village in Idleb countryside during clashes between two terrorist groups over distributing the money and loot they had stolen from the public and private properties. A unit of our armed forces eliminated all terrorists of so-called Sraqeb martyrs battalion who were heading from al-Ksaibieh village towards Taftanaz airport. Amjad Issa al-Dibo, 40 years old, was identified among the dead. A terrorist trying to put an explosive under a car in Damascus was reportedly killed. BRICS Group: Resolving Crisis in Syria Realized only Through Dialogue India's National Security advisor, Shiv Shankar Menon, reiterated the BRICS countries' rejection of any foreign interference in Syria's internal affairs, saying that resolving the crisis in this country can be achieved only through a national dialogue.In a press conference following a meeting of national security advisors of BRICS nations in New Delhi on Thursday, Menon noted that BRICS group including Brazil, Russia, India, China and South Africa considers the foreign military intervention in Syria as "impossible.""The solution can only be achieved through the dialogue and the Syrians alone should decide their future."He concluded.
$28919642
Jan 11, 2013 9:11 AM CST
hawala? Why no definition in the article?