Three Dems ask GAO to look into Palestinian fund
Three Democratic lawmakers are asking the General Accountability Office to investigate the scope of U.S. funding for the Palestine Investment Fund.\n
Three Democratic lawmakers are asking the General Accountability Office to investigate the scope of U.S. funding for the Palestine Investment Fund.\n
In a recent report, the Government Accountability Office (GAO) challenged the impact of U.S. sanctions against Iran, noting Iran\’s ability to negotiate $20 billion in contracts with foreign firms since 2003 to develop its energy resources. The GAO correctly recognizes that \”Iran\’s overall trade with the world has grown since the U.S. imposed sanctions.\” What the GAO fails to recognize is that the most important provisions of the cornerstone of America\’s sanction against Iran, the Iran Libya Sanctions Act (ILSA) of 1995, have not been implemented, and it is precisely these provisions that sought to cripple Iran\’s ability to trade with the rest of the world.