Join us in New York on November 29th for the Bloomberg Canadian Finance Conference,

proudly sponsored by National Bank of Canada Financial Markets.

2023 marks the 11 year anniversary of our Canada focused event and continues the tradition of providing timely

insights and actionable strategies. We'll have senior government

officials from Saskatchewan, Quebec, British Columbia, Alberta and Ontario as well

as speakers from Northland Power, World Bank, Transolta, and many more.

Register at Bloomberg Live.com I'm Tom Keene.

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Now we center on Iran as well, and we do that with Daniel Tannebaum of PWC who is outstanding on what nobody wants to talk about,

including I might point out the president, which is actually how do you do sanctions let's start with first principles

what do you actually do on sanctions like Mr. Manutian comes up with a 20-page

document how's it work I think you got to separate what the rhetoric

out of the administration is versus the reality. What's the reality?

The reality, in some instances of the sanctions that have come out, they have been focused and targeted on certain industries and

sectors and really sought to achieve an objective which is to force a change in behavior to seize

assets of bad people. At times we get that conflated with creating very lengthy lists of people

who don't really have assets in the US, who don't travel to the US, and thus it gives the appearance of doing something without doing something.

But is it a document out of Treasury?

Is it a document out of a congressman that runs a committee?

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