Old Joe’s handlers have saved the mullahs.
“Iran’s Cash Reserves Soar Under Biden,” by Adam Kredo, Washington Free Beacon, November 9, 2021:
Iran’s stockpile of hard currency has skyrocketed during the Biden administration, rising from just $4 billion at the end of 2020 when sanctions were at their height, to more than $31 billion by the end of 2021, according to projections by the International Monetary Fund.
The Biden administration’s decision to pursue diplomacy with Iran and unwind the Trump administration’s sanctions has helped the country recover from its cash shortage, according to the IMF’s projections. The group says Iran’s cash reserves will top $31 billion by the end of the year and increase up to $42.9 billion by the end of 2022. This number could be even higher if the United States reenters the 2015 nuclear deal and removes all sanctions imposed by the Trump administration. Iran had $122 billion in cash reserves in 2018, when the Trump administration began to tighten the economic noose on Iran. That number dropped to $4 billion by the end of 2020, during the height of the former administration’s “maximum pressure” campaign.
Iran’s access to cash has been bolstered by the Biden administration’s lax enforcement of sanctions on the country’s illicit oil trade, which has increased to record levels amid a buying spree from China, the number-one importer of illegal Iranian crude oil. While Tehran’s oil sector is still sanctioned by the United States, experts told the Washington Free Beacon last week that the Biden administration has turned a blind eye to Tehran’s exports, enabling countries such as China, Russia, and Syria to provide the hardline regime a financial lifeline.
The IMF’s projections are the clearest sign to date that the Biden administration is serious about helping Iran’s hardline regime claw back from the brink of economic collapse. Republican leaders in Congress, who are widely critical of the Biden administration’s approach to diplomacy with Iran, maintain that the further removal of sanctions will embolden the ruling regime and help it fund terrorist groups across the Middle East, including those responsible for conducting a drone strike late last month on a U.S. military outpost in Syria….
Infidel says
Not just that, if Trump returns to power, he won’t be able to roll back the sanctions. Europe may listen, he may even get lucky w/ Russia, but China would be out of the question. I think the best hope for Iran’s enemies is that Iran becomes a client state of China just like Pakistan is, getting fully embroiled in their belt/road scams, so that they become bankrupt once again. Only thing: Iran may want China to help them achieve their nuclear goals
gravenimage says
Trump nearly broke the Islamic Republic, but under Biden, Iran’s cash reserves have soared
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Biden must be so proud! And now, the Mullahs are releasing videos like this:
“Iran releases video of Islamic Revolutionary Guards Corps seizing oil tanker, training machine guns on US destroyers”
https://www.jihadwatch.org/2021/11/iran-releases-video-of-islamic-revolutionary-guards-corps-seizing-oil-tanker-training-machine-guns-on-us-destroyers
Dhimmi says
Perverted and deceitful
Beneath the Veil of Consciousness says
Please do an expose’ on Hunter Biden’s enormous monetary gains from his art work. Apparantly, his “patrons” are anonymous and there are rumors about that this is just a money laundering scheme to put payoff cash into the hands of the Biden Clan from their dear friends and admirers in China.The concerned folks at MSNBC were going to look into this, but they have more important distractions for the public to focus their attention on (like the situation with Brittany Spears).
OLD GUY says
Now we all know that the liberals believe that the 31 billion dollars will all be used by the mullahs for humanitarian purposes. Why wouldn’t you believe that? If Biden says it, you can take it to the bank. YEP!
Ugly Sis says
At heart, Biden is devoted to the operation of free markets.He understands competition and competitive bidding.
Trust me, Joe knows what it takes to get things done. An with direct deposit and wire transfers, the skies the limit.
Walter Sieruk says
Joe Biden is just mindlessly just continuing in the same old terribly flawed fool and terrible policies of his former boss and chief, Obama, of appeasing and favoring that tyrannical cruel and hostile Islamic regime of Iran.
Walter Sieriuk says
There is no real reason that this hostile Islamic regime of Iran wouldn’t make demands to the United States government since those in power in that Islamic regime well know and understand that of official “President” of the US is a weak, feeble –minded pro-Islamic un-American socialist. Furthermore, that despicable Joe Biden actually “owes’ much to that “mullah regime” of Iran.
This is so because those Muslim tyrants of Iran had actually meddled and interfered in the American presidential election by supporting the Biden bid for the Oval Office during the elections year of 2020.
This is because that mullah president of Iran and others in power well understood that ,unlike President Trump, they would easily be able to control ,manipulate and use as tool wreak and feeble minded Joe Biden to fulfill their Shiite Islamic goals.
So now in the year 2021 is their stooge and useful idiot to archive they want to obtain on their Islamic agenda.
One of the many reliable sources that will confirm this is the video documentary TRUMP CARD by Dinesh D’ Souza.