Iran today called the tightening of US sanctions an “antagonistic move.” On Monday, President Obama signed an executive order freezing all assets of the Iranian government in the US. The move was intended to close loopholes in existing sanctions on Iran, especially those imposed against the Central Bank of Iran (CBI).
“It is an antagonistic move, a psychological war which has no impact. There is nothing new, it has been going on for over 30 years,” said Foreign Ministry spokesman Ramin Mehmanparast. “Sanctions will not have any impact on our nuclear course,” he added [IRNA, 7 February].
In a letter to Congress, Obama said Iranian banks, including CBI, were hiding transactions to undercut the financial sanctions the United States and other powers have imposed in response to Iran's nuclear program. Now, US institutions are required to seize any Iranian state assets they come across, rather than rejecting the transactions involved, as the Iranian money moves through the world financial system and its oil is sold in dollars.
8 comments:
Even the AIPAC/Zionist mouthpiece Wall Street Jewurnal acknowledges that these sanctions have already failed and Iran's diverse economy will thrive and more manufacturing will go local. Iran's unemployment rate will also fall and there is already massive goods substitution going on. The only losers are bankrupt EU and basketcase US deadbeats. Just watch their desperation.LOL.
What else?
B A R K I N G !
S P Y I N G !
S A N C T I O N I N G !
K I L L I N G !
These sanctions are DUD to begin with as OIL only accounts for less than 18% of Iran's income in a highly diversified economy with strong Asian links. Good analysis on their failure on Reuters Business News today. Iran will easily ride-out this storm in tea cup.
This latest sanctions are aimed not at Iran since Iran doesn't have ANY assets in US banks but rather aimed at countries that do business with Iran..The US has taken it upon themselves to confiscate(STEALING) other sovereign countries assets if they do business with Iran..This will be very interesting to implement..As things stand, it'll be difficult for businesses to see the US as a safe environment to do business since their assets could be confiscated on some bogus excuse of being linked to Iran..The Chinese must be smiling.Check the number of flights to Hong Kong increase soon...lol
All this just so Obama can be seen as "tough" on Iran to please his AIPAC handlers. He needs something to show for the upcoming AIPAC conference in March. You know, "all options on the table", "Iran is bad", "unbreakable bonds", "America is good". etc. etc..
Anon 7:18 AM
Where did you get that information from regarding the 18 per cent of Iran's income is from oil ??
You have got your calculations wrong pal it's over 80 per cent of Iran's total income from oil.
Don't try to scam us with your false lies and propaganda Iran's economy is repeat over 80 percent oil based.
Sanctions are failing?????
Maybe not.
Iran is defaulting on paying for .....rice.
http://www.hurriyetdailynews.com/iranians-failing-to-pay-for-indian-rice.aspx?pageID=238&nID=13201&NewsCatID=344
Anon 7:18---- is this the Reuters article that you mention without providing a link?
http://www.reuters.com/article/2012/02/07/us-iran-idUSTRE81614C20120207
Anon 7:18 AM
Come on !!
18 per cent of Iranian oil income is oil based !?
Haven't you got it ass about face and mean that 18 per cent is none oil based and the rest 80 per cent is oil based?
Wow! Who do you think you are kidding?
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