1 post tagged “banks”
Secretary of State Condi Rice and Treasury Secretary Henry Paulson made joint statements announcing sanctions on Iran and explaining the reasoning for the sanctions.
The sanctions in a nutshell are tagged into Iran’s insistence of creating weapons grade uranium which is a quality way beyond needed for peaceful nuclear energy.
A few subdivision reasonings surrounded Iran’s constant threatening of Israel and America for interfering with the Iranian nuke program, the Revolutionary Guard and the Quds Force actively supplying arms and training to terrorists from the Taliban, Shi’ites in Iraq, Hamas of pseudo-Palestinians and Hezbollah.
It is now illegal for business to be conducted with Iran wherever there is American jurisdiction and whatever Iranian assets under Iranian jurisdiction will be frozen.
The official government stand is that this is not a prelude to war with Iran; however Presidential statements, Vice Presidential statements and now State/Treasury statements are a chain of aggressive wording that has all the appearances of daring Iran to cross the line in the sand (if they already have not done so).
I can’t wait to hear the official Iranian response to today’s turning of the screws of pressure on Iran to comply with American led International wishes.
