European Central Bank

March 19, 2020 | Aykan Erdemir, Philip Kowalski

U.S. Court Exposes Turkey’s Role in Iran’s and Venezuela’s Sanctions Evasion Schemes – Again

A Manhattan federal jury on Monday convicted Ali Sadr Hasheminejad, the Iranian owner of the now-defunct Pilatus Bank of Malta, of evading U.S. sanctions against Iran by conspiring to transfer payments...

August 13, 2018 | Aykan Erdemir |

Turkey’s perfect storm

Turkey’s president, Recep Tayyip Erdoğan, came to power on the heels of the 2001 financi...

June 21, 2018 | Mark Dubowitz, Richard Goldberg

To Help Iran, Angela Merkel Tries to Pull a Fast One With Swift

As the U.S. moves to reimpose sanctions on Iran, German Chancellor Angela Merkel is working behind the scenes to undermine the effort. How President Trump responds could determine whether his strategy...

May 21, 2018 | Mark Dubowitz, Richard Goldberg

Iran, Get Ready for the Battle Rial

Secretary of State Mike Pompeo on Monday presented the Islamic Republic of Iran with a stark choice: Either change or face “unprecedented financial pressure” in the form of “the...

February 20, 2013 | Reuel Marc Gerecht, Mark Dubowitz

Is Iran Creating a Health Crisis to Evade Sanctions?

Unless Iran abandons its quest for nuclear weapons, there is one certainty in Washington’s policy toward the Islamic Republic: more sanctions. It is also inevitable that the more these econ...

February 19, 2013 | Mark Dubowitz, Jonathan Schanzer

Targeting Tehran’s Euros

The ECB's Target2 payment system has become critical to the regime since US financial sanctions curtailed its dollar business

September 18, 2012 | Benjamin Weinthal

Das Gift

How Angela Merkel's bold plan to save Europe may have just saved Barack Obama.

May 30, 2012 | Emanuele Ottolenghi Standpoint

European Profligacy

In his 1992 book The Culture of Contentment John Kenneth Galbraith said the cyclical failure of political systems to recognise and adapt to paradigm shifts was caused by...

November 7, 2011 | Michael Ledeen Faster, Please!

Italy Wobbles, and a Demon Appears in the Clouds

As usual, whenever the situation permits, the British press — led by the screaming meemies at the Financial Times — calls for the defenestration of Silv...

August 23, 2011 | Emanuele Ottolenghi

Financial Holes Dug by Parliamentary Systems

Peter Wehner’s entry on Fareed Zakaria​’s paean for parliamentary democracy rightfully defends America’s system of government. But one should add, even if America’s...

June 1, 2010 | Emanuele Ottolenghi Standpoint

Welfare Despair

Northern Europeans' anger at their southern cousins may be justifiable. An already stressed yet lethargic eurozone had to absorb the full shock of Greece's public debt in the full knowl...

June 22, 2006 | National Review Online

The Media’s War Against the War Continues

Yet again, the New York Times was presented with a simple choice: help protect American national security or help al Qaeda....