| Submit your comments on this article |
| Home Front: Politix |
| U.S. not backing off as Iran sanctions bite |
| 2012-04-06 |
| The Obama administration's man in charge of squeezing Tehran over its nuclear program is unapologetic for the difficulties faced by banks in their dealings with Iran since the U.S. tightened sanctions against the country. Companies that trade with Iran are struggling to get paid and the biggest Asian countries are scrambling to work around U.S. sanctions that aim to deprive Tehran of revenue needed to develop its nuclear program. "I don't feel apologetic about it because that is the consequence of these banks in Iran willingly facilitating transactions for Iran's nuclear programs," said David Cohen, undersecretary for terrorism and financial intelligence at the U.S. Treasury Department. "If they are going to do that, they shouldn't be accessible to the international financial system. They shouldn't be financial institutions that any reputable bank wants to deal with," Cohen said in an interview. The pressure has forced Iran to listen to U.S. demands, he said. "Do we think we have the attention of the leadership on their end? We have it like never before," he added. Cohen's comments were a strong display of administration confidence in the measures against Iran, even as their effects have rippled through the marketplace faster than many had expected. J.P. Morgan warned on Thursday of an acceleration of Iranian oil cutbacks, predicting Iranian supplies could be slashed by one million barrels a day in the first of the year. Since January, the price of oil has shot up nearly 15 percent. |
| Posted by:tipper |
| #4 Looks like INTEL-PYWAR + OWG SKYNET-MATRIX has struck again. ---------- Sanctions no longer needed? because ... * DEFENCE.PK/FORUMS > OBAMA: IRAN CAN HAVE NUCLEAR PROGRAM | AFP: US WILL ACCEPT IRAN CVILIAN UCLEAR PROGRAM. * SAME > THE ATLANTIC [Magazine]: NO IRANIAN NUCLEAR DOMINO, in Middle East even iff Iran gets Nukes. * SAME > TURKEY [FM]: IRAN SUPREME LEADER'S DECREE [Ayatollah Khamenei] FORBIDDING NUCLEAR WEAPONS WON'T BE DISOBEYED, in Iran. * SAME > FRANCE: IRAN MUST BOW | WSJ: FRANCE: IRAN MUST TAKE FIRST NUCLEAR STEPS, to prove or demonstrate to G5+1 Powers at upcoming Nuclear Talks that it does not desire nor will dev Nuclear Weapons. E-V-A-R! versus * OTOH SAME > US MISSLE DEFENSE SHIELD IN GULF[SecState Hillary] SIGNALS [pending]STRIKE ON IRAN: RUSSIAN LAWMAKER. * SAME > [Rehash = 2008] "US MUST SHARE POWER IN NEW WORLD ORDER", SAYS TURKEY'S CONTROVERSIAL PRESIDENT [Gul]. The Gall of Gul. |
| Posted by: JosephMendiola 2012-04-06 21:59 |
| #3 DEFENCE FORUM INDIA > US FBI TAUGHT [Counter-Terrorism = CT] AGENTS THEY COULD "BEND OR SUSPEND" THE LAW. The Fed helps them to escape or avoid Reprimand, Prosecution, Investigation, Litigation, Termination and Imprisonment, etc. in order to save their own credibility + that of the US Gov in general. IFF YOU'RE WONDERING HOW THE BAD BOYZ, ETAL. GOT TO BE THEIR BOSS + HIGHER, + HOW 9-11, ETC. OCCURRED UNDER THEIR NOSE, WELL WONDER NO MORE. THEY SERVE + PROTECT THE VERY CRIMINALS + TERRORISTS, ETAL. THEY ARE LOOKING FOR. |
| Posted by: JosephMendiola 2012-04-06 19:44 |
| #2 Us rednecks will be enjoying the cheap sand for winter traction in our trucks. Go sand embargo! |
| Posted by: Deadeye Smith7684 2012-04-06 19:20 |
| #1 To borrow a phrase from Richard Nixon, "Make their economy scream." |
| Posted by: Thromong Glusonter2198 2012-04-06 17:55 |