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| Syria-Lebanon-Iran |
| EU Mulls Iran Bank Asset Freeze |
| 2008-06-10 |
| Ouch, that'll squeeze the Mullah's sacks Measures the European Union is considering against Iran include a freeze of bank assets, European External Relations Commissioner Benita Ferrero-Waldner said on Tuesday. "We want to indeed show to Iranians that we mean it very seriously. We ... consider additional measures also in the EU. (We are) particularly thinking of asset freezes of banks," Ferrero-Waldner told reporters on the margins of an U.S.-EU summit in Slovenia. |
| Posted by:Frank G |
| #3 Bets that Swiss, Luxembourg and Lichtenstein banks not to mention the Guernsey Isles are not included in this mulling? |
| Posted by: 3dc 2008-06-10 18:03 |
| #2 Asian banks that don't cooperate, like Chinese state banks maybe? The Chinese have been rather helpful in freezing North Korean money, and have broken off several construction contracts with Iran. I'd think the Russians would be better prospects. Where one might also find Iranian money would be Indonesia, Malaysia, or Pakistan. Then again, a lot of Iranian business funds are moving through the Gulf-region's unofficial banking system. Cumbersome as hell, and the brokers take a healthy cut, but it's being done. |
| Posted by: Pappy 2008-06-10 17:09 |
| #1 That would be uncharacteristically ballsy of the EUnicks. I would laugh my ass off if they actually pulled that one. Though I'd guess the Iranians probably have much of their money in Asian banks now. Asian banks that don't cooperate, like Chinese state banks maybe? |
| Posted by: bigjim-ky 2008-06-10 16:16 |