Article

2008-05-16 Syria-Lebanon-Iran

Iran: Sanctions continue to batter the economy

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Posted by Fred 2008-05-16 00:00|| || Front Page|| [4 views ] Top
File under: Govt of Iran

#1 It is very encouraging news that China has apparently begun to act. If the countries of the world can act together, it is possible to reach a peaceful settlement of the issue. There is another shoe that must fall in order to make that a reality. The people must be given a choice of alternative leadership. If the people are free to choose leadership that implements policy that acts in harmony with the international community, they will see their situation improve. If they are unable to choose peacefully, the only alternative may be internal strife.

Posted by crosspatch 2008-05-16 00:29|| 2008-05-16 00:29|| Front Page Top

#2 The upside of globalization.

Posted by Phil_B 2008-05-16 05:04|| 2008-05-16 05:04|| Front Page Top

#3 And note investments choosing Iraq instead of Iran.

Posted by Phil_B 2008-05-16 05:05|| 2008-05-16 05:05|| Front Page Top

#4 Makes me believe they believe Bush believes the Iranians. And he'll act in November.

Posted by Nimble Spemble 2008-05-16 07:19|| 2008-05-16 07:19|| Front Page Top

#5 Big q is China reacting to political pressure to distance from Iran, or is it the invididual companies finding the hassle of operating in an Iran under sanctions from US and Europe (and more quiety from the Sunni Arabs) to be simply not worth it? Much as Id like to think it was the former, I dont put that much stock in the effectiveness of what pressure we've put on the PRC on this.

Posted by liberalhawk 2008-05-16 09:42|| 2008-05-16 09:42|| Front Page Top

#6 In re: Total, from the article

"The existing tensions are preventing every investment and cooperation with Iran," said a manager of the oil company. He said that they are instead in the middle of "talks to operate in the south of Iraq."

That's a big deal, I think.

Posted by trailing wife ">trailing wife 2008-05-16 10:42|| 2008-05-16 10:42|| Front Page Top

#7 personally I think the Chinese have gotten more distant for several reasons:

- they blame Iran for the killing of some Chinese nationals in Pakistan
- the've gotten burned by having to pay more bribes to Mullahs than they had budgetted
- other compensation for their work has been held up by various Iranian banks
- the Chinese banks realize that there is a good chance the Chinese industrial bubble will burst after the Olympics and they are minimizing the riskiest of their portfolios

Posted by mhw 2008-05-16 10:43|| 2008-05-16 10:43|| Front Page Top

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