June 29th, 2012
08:51 PM ET

What the Samsung Galaxy has to do with Iran's Nukes?

While the U.S. continues to trumpet the success of the myriad of economic sanctions that have been imposed on Iran with cooperation from around the world, it has been revealed that those sanctions have more holes in them than one would think.

OutFront tonight is David Cohen, America's "sanction's czar". He's also the treasury undersecretary for terrorism and financial intelligence and he comes OutFront.

Filed under: Uncategorized
June 29th, 2012
08:27 PM ET

Zimmerman bond hearing ends unresolved

George Zimmerman remains behind bars tonight as a Florida judge decides whether to let him out on bond again.

Defense attorney Mark O'Mara called four witnesses at a hearing today, including an emergency responder, a probation officer, and Zimmerman's father, who testified it was his son calling for help in background of one of the 911 calls made by neighbors during the February incident.

The defense also called a financial expert to explain why Zimmerman was transferring money between several family bank accounts before his first bond hearing.

A decision on whether Zimmerman will get out of jail is expected early next week. OutFront tonight is Mark O'Mara, the lead defense attorney.

Filed under: Crime • News
June 29th, 2012
08:00 PM ET

Iranian sanctions filled with loopholes, exemptions

This is supposed to be a breakthrough weekend – the toughest sanctions in HISTORY set to take affect against Iran, as Europe will finally stop buying Iranian oil.

The goal is to cripple Iran's oil-based economy (80% of the iranian government's export revenues) and force the government to end its nuclear program.

Losing that money is hurting. Officially, inflation in Iran is 22 percent. But a source tells OutFront it may be more than 50 percent. Things have gotten so bad that the $39 monthly government subsidy to help Iranians buy food has been scaled back due to a shortage of cash.

So sanctions are working, there's no question. But not nearly as much as they could. Because the problem is that the sanctions just don't add up.


Filed under: China • Economy • International • Iran • Military
June 29th, 2012
07:45 PM ET

Slow progress being made against massive Colorado wildfires

Colorado's worst outbreak of wildfires in history is still raging across the state.

President Obama, touring the devastation today for the first time outside Colorado Springs, described it as a "major disaster." With only 15 percent of the Waldo Canyon fire contained, 16,700 acres have been scorched, 346 homes have been destroyed, and another 20,000 homes are still standing in harm's way.

One person has been found dead in one of the destroyed homes. Our own Jim Spellman is in Colorado tracking the story.

Filed under: News
June 29th, 2012
07:44 PM ET

Will Romney's "day one" promise on Obamacare come back to haunt him?

Mitt Romney has promised to take action on Obamacare on the first day of his administration if elected, and it's not the only "day one" promise that he's made.

But those promises are often easier to make than to keep. President Obama came close to fulfilling his "day one" promise to close Guantanamo Bay; he signed an executive order on day two to close it, but as we all know, the prison is still open three years later.

So does Mitt Romney's "day one" promise amount to more than campaign talk? Joining to discuss are McKay Coppins, a political reporter for BuzzFeed; Michelle Goldberg, senior contributing writer for Newsweek/The Daily Beast; and Alice Stewart, former spokeswoman for Rick Santorum, Mike Huckabee, and Michelle Bachmann.

Filed under: Congress • Health • Politics • U.S. Supreme Court
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