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College administrators say they will seek the support of outside donors to help finance the new program, as they have with PRISE...
...say Iran has the advantage here is an understatement. Every attempt to curtail its nuclear program has failed. Obama's outreach in the first year of his Administration produced neither a change in Iran's behavior nor a willingness among other countries to increase the pressure on Tehran. The Administration currently claims it is making progress toward tougher sanctions, and the President said this week that he hoped the Security Council would pass a new sanctions resolution this spring. But it is increasingly clear that any new U.N. sanctions, if they come, will contain few new penalties. (See pictures...
...officials say, the heavy volume of legitimate trade moving from Dubai to Iran - trade between the two countries was worth $12 billion last year, most of it imports into Iran - makes it easier to camouflage illicit items. About 400,000 Iranians live in Dubai, and about 8,000 Iranian companies are registered there, including two major banks, Bank Melli Iran and Bank Saderat Iran, both of which are currently under U.S. sanctions on the allegation that they're funding Iran's nuclear program...
...measures in place, one area where the U.S. has been successful in imposing its unilateral sanctions is in the financial sector, where it uses the leverage of threatened exclusion from the American financial system to press Dubai's financial services industry into observing U.S. curbs. Iranians in Dubai say they find it increasingly difficult to get credit, even for workaday business dealings. "We have to pay full amounts to the supplier in order to ship the goods to us," says Morteza Masoumzadeh, deputy executive director of the Iranian Business Council in Dubai, whose shipping company focuses on trade with Iran...
...China's latest moves, however, hint that it hopes to tamp down tensions. "Things certainly stopped getting worse," says Jin Canrong, a professor and deputy director of the School of International Studies at Renmin University in Beijing. "I would say the relationship between China and the U.S. is becoming stable, but in order to get better, both of them have to work harder." (See pictures of U.S. Presidents in China...