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BBC NEWS | Business | Iran 'moves assets out of Europe'
by Decius at 5:54 pm EST, Jan 22, 2006 |
Iran has started moving its foreign exchange reserves out of Europe in a bid to shield the country from the threat of sanctions, reports suggest.
9/11 may have caught you by suprise, but whatever goes down with Iran, say you knew it was coming... |
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RE: BBC NEWS | Business | Iran 'moves assets out of Europe'
by dmv at 10:56 am EST, Jan 23, 2006 |
Decius wrote: 9/11 may have caught you by suprise, but whatever goes down with Iran, say you knew it was coming...
Of course, this particular example (assets out) makes complete sense in light of the recent trauma to Iranian-European relations. The Iranians saw any assets held by US interests freeze on the unilateral sanctions. The present Iranian government is smart enough to know that if these assets are frozen, their ability to operate in any market place, or sustain an economy, goes away. And there are still enough modern revolutionaries in Iran that an economic freeze might alter the course. This is not a "Prepare for an attack/surprise" move. It is a little surprising that it happened AFTER the Nuclear Posture. Although maybe it did, and they're only informally acknowledging it now. 30-50 billion in currency assets can flee, or shuffle about, at any point without anyone noticing (trillions trade daily). |
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RE: BBC NEWS | Business | Iran 'moves assets out of Europe'
by Hijexx at 3:19 pm EST, Jan 23, 2006 |
Decius wrote: Iran has started moving its foreign exchange reserves out of Europe in a bid to shield the country from the threat of sanctions, reports suggest.
9/11 may have caught you by suprise, but whatever goes down with Iran, say you knew it was coming...
Iran is opening its own oil exchange in March. All petrochemicals will be priced in Euros. Iran - A threat to the petrodollar? Another smart move on Iran's part. |
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BBC NEWS | Business | Iran 'moves assets out of Europe'
by Rattle at 8:04 pm EST, Jan 22, 2006 |
Iran has started moving its foreign exchange reserves out of Europe in a bid to shield the country from the threat of sanctions, reports suggest.
9/11 may have caught you by suprise, but whatever goes down with Iran, say you knew it was coming... The 20th Anniversary of the Chernobyl Disaster comes around this April. Prepare for a blitz of documentaries on the History Channel, CNN, and other media outlets remembering this horrible event. Expect it all to be spun into reasons why Iran shouldn't have access to nuclear energy. Say you read about it on MemeStreams first. The meme will go something like this: "If we can't build more plants ourselves to get out of our energy bind, why the hell should Iran? NUCLEAR ENERGY IS DANGEROUS!" |
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