July 21, 2014 | The Wall Street Journal
Persian Nuclear Carpet Ride
…
Meantime, Iran is enjoying a modest economic recovery largely thanks to sanctions relief. A study by Roubini Global Economics and the Foundation for Defense of Democracies (FDD) notes that Iran received $11 billion in direct sanctions relief in the first six months of the year, plus indirect benefits in market confidence and transaction costs. FDD also notes that “despite statements from President Obama and administration officials that existing sanctions would be 'vigorously' enforced, there has been a notable decrease in the number of designations” for sanctions violations in the last year.
…