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Iran news in brief, April 9, 2019



Iran news in brief, April 9, 2019

U.S. Designates Iran Regime's Revolutionary Guards as Terrorist Organization
The United States designated Iran Regime's Revolutionary Guard Corps a foreign terrorist organization, President Donald Trump said on April 8.
Washington will continue to increase financial pressure and raise the costs on Iran "for its support of terrorist activity," Trump said in a statement.
The United States has already blacklisted tens of entities and people for affiliations with the IRGC, but not the organization as a whole.
Trump said: "This designation will be the first time that the United States has ever named a part of another government as an FTO,".
"It underscores the fact that Iran’s actions are fundamentally different from those of other governments."

Maryam Rajavi: Terrorist Designation of IRGC Is Imperative for Regional Peace and Stability
Mrs. Maryam Rajavi, the President-elect of the National Council of Resistance of Iran, described the inclusion of the suppressive Revolutionary Guards in the State Department’s list of Foreign Terrorist Organizations as a long-standing and righteous demand of the Iranian Resistance, an imperative for Middle East security, peace, and stability, and an urgent and necessary step to end war and terrorism throughout the region and the world.

Pompeo Warns All Banks, Businesses to End Dealings With the IRGC
Pompeo warns all banks, businesses to end dealings with the IRGC
US Secretary of State Mike Pompeo on Monday warned all banks and businesses against dealing with Iran's Revolutionary Guards after Washington designated the group as a terrorist organization.
During the press conference, Pompeo said the designation would come into effect in one week.

'No Commercial Reason' for Iran's Mahan Air Flights to Venezuela: White House Official
A White House official said on Monday: The United States views private Iranian airline Mahan Air’s launch of a direct flight from Tehran to Caracas as a “politically motivated gesture” with “no commercial reason,”.
A White House official said, speaking on condition of anonymity: “From our standpoint, there’s clearly no commercial reason to establish this flight at this time,”.
The official said: “This is a politically motivated gesture that is unhelpful to the Venezuelan people because it doesn’t accelerate the change that we’re looking for,”.

Iranian Currency Drops 7.5 Percent After U.S. Designates Guards as Terror Organization
Reports from Iran indicate that in the wake of the U.S. decision to designate the Islamic Revolution Guard Corps as a foreign terror organization the Iranian currency took a nosedive at the end of the trading day on Monday.
The rial fell 7.5 percent to 144,000 rials to the dollar. On Sunday, April 7 the Iranian currency was trading at 134,000 to the dollar.
The head of Iran Regime’s central bank on Sunday tried to talk up the rial, anticipating the U.S. announcement, but it did not help on Monday once Washington designated the IRGC as a terrorist organization.
The IRGC controls a large share of the economy in the country and a tight economic noose around its business interests and a bigger chance of military escalation creates uncertainty for businesses and the people in Iran.
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