understand in november. but how close from people you speak to or your own analysis is iran to some sort of breaking point that would put the regime in real jeopardy? i don t think anybody can put their finger on that. what s different is the how pervasive the civil unrest is and how common the cause is. when they were in the streets in 2009 that was about a fraudulent election. this is about everybody s quality of life experience that they re having and that s what binds that civil unrest together. what s brought this about is clearly iran had economic problems before because of the sanctions that we and the world had imposed on them until the nuke deal. those sanctions were removed. what they did, connell, they got billions of dollars. as opposed to using that money to stimulate their economy and get it going again. they hoarded it and gave it to
bill: 9:31. fox news alert. high stakes criminal trial paul manafort resuming at the moment with rick gates back on the stand. after yesterday s bombshell testimony he admitted he helped falsify manafort s tax returns and hide foreign bank accounts he confessed to stealing several hundred thousand that manafort never knew about. we ll bring you developments when they happen. sandra: president trump following through on another promise as stiff economic sanctions against iran officially go into place. iranian president slamming president trump for the move. the president also warning that there will be further penalties coming in november while taking aim at our european allies still supporting the nuke deal. senator lindsey graham standing side-by-side with trump on this issue. what is it about the ayatollah that you like?
america s credibility and erodes our relationship with nato and allies and sets back a path toward a more stable region and peaceful non-eye nucleanonnuclear future. another round as noted by out president will go into effect in november that will target the oil sector and central bank. this is just getting started. steve: it did at midnight. griff, thank you very much. so in may the president took us out of the iran nuke deal. now this morning the remaining parties to the iran deal, russia, china, the united kingdom, france, germany and the eu have all announced that they will continue to work to keep the financial channels with iran open. and they also hope to keep the exports and import of oil and gas. however, as brian pointed out a little while ago, eventually they are going to have to choose. you want to stand with the iranians? or do you want to stand with the united states of america? so, right now, with those people trying to make that choice are looking for, they
mind. these guys are done. they are not going to permit this behavior to continue. first of all, they re going to form kind of an arab nato. they are stitching it together now with the arabs stand up against iran. that has never been done before. it s absolutely essential and president trump talked about something like that when he visited riyadh. the second thing is, iran s economy is in the tank. their currency is almost totally devalued. their banking system is crippled by bad loans. people are upset, foreign companies that do business in iran are leaving. they are shutting up. we start next month sanctions, primary sanctions on iran as a result of pulling out of the nuke deal. three months in november, we ll go after companies that do