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Syria-Lebanon-Iran
Iran: Japanese Disinvestment Continues
2006-11-24
(AKI) - The Japanese government, apparently convinced that international sanctions against Iran are imminent, is gradually disinvesting there. Having already relinquished control of Iran's Azagedan oilfield project, Tokyo has frozen a 10 billion dollar loan that Japan Bank for International Cooperation was due to transfer to the Iranian government in the next few days. The bank's director general has stated that "only in the event that negotiations on Iran's nuclear programme lead to an agreement that is acceptable to the international community, can these 10 billion dollars be released."
Posted by:Fred

#4  Nice to see People who understand self-interest.
Posted by: gromgoru   2006-11-24 12:38  

#3  Compared to the petrodollars flowing in, it isn't exactly huge, but I'm happy to see it.

MUST DEVELOP DOMESTIC OIL INDUSTRY. Problem solved. Much cheaper.
Posted by: gorb   2006-11-24 02:05  

#2  Wow. The japs are really putting their money where their mouth is. Commendable, especially considering how dependent Japan is on imported petroleum.
Posted by: gromky   2006-11-24 01:37  

#1  See also STRATEGYPAGE article > IRANIAN CLERICS CAN'T CONTROL THEIR WOMEN, i.e. Iranian women have stopped having children. Not unlike the SOviet Union, whatever Men + Males Stalin's Wars didn't kill off, Commie Socialism killed off in peacetime. The wuhmin have had enuff - they responded to the Clerics' call to replace the losses of the Iran-Iraq War, etal. only to suffer vv CRIPPLING ECON HARDSHIPS/TRAUMAS.
Posted by: JosephMendiola   2006-11-24 00:25  

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