Iran’s rulers are feeling the heat. The Islamic Republic was forced to prop up its currency on Jan. 4, just days after the U.S. imposed tough new sanctions to goad it into abandoning its nuclear weapons program. A European curb on Iranian crude imports would add to pressure on Tehran ahead of elections in March.
Iran’s nuclear ambitions are a problem. But more sanctions may not be a solution. If China doesn’t co-operate, they may just end up distorting oil markets.
Read it all.
Filed under: * Culture-Watch • Science & Technology • * Economics, Politics • Defense, National Security, Military • Foreign Relations • Politics in General • * International News & Commentary • America/U.S.A. • Canada • Europe • Middle East • Iran
Posted January 9, 2012 at 5:00 am
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The URL for this article is http://www.kendallharmon.net/t19/index.php/t19/article/40550/
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2. Br. Michael wrote:
After a decade of world denial: http://news.yahoo.com/un-agency-confirms-iran-nuke-bunker-200449341.html January 9, 6:36 pm | [comment link] |
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Absolutely no one, except maybe Israel, has the courage to prevent Iran going nuclear. It is going to happen and we will have to learn to deal with it.
January 9, 9:12 am | [comment link]