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| Syria-Lebanon-Iran |
| EU imposes new sanctions against Iran |
| 2008-08-10 |
| The European Union tightened trade sanctions against Iran on Friday to punish Tehran for not committing to a long-standing demand of the international community that it freeze its nuclear enrichment program. The new EU restrictions go slightly beyond existing U.N. trade sanctions and are designed to deny public loans or export credits to companies trading with Iran. France, which holds the rotating EU presidency, said European governments would also carefully watch financial groups doing business with Iranian banks and step up checks on ships and airplanes traveling to Iran. "This resolution expands the range of restrictive measures adopted by the U.N. Security Council," in December 2006 and March 2007, an EU statement said. The EU called on member nations to "show restraint when granting new public loans for trade with Iran ... (and) to also be vigilant on activities taken by financial institutions with banks based in Iran." |
| Posted by:Fred |
| #4 I believe these new sanctions include having the ambassadors from France and Germany hitting the Iranian ambassador with their purses. The other sanctions include cancelling the Iranian delegation's standing lunch reservations at "Tavern on the Green". What a bunch of sissies, we should have bombed that place two years ago. |
| Posted by: James Carville 2008-08-10 17:01 |
| #3 If Iran thinks its stock market is in the crapper now, wait till they light off a nuke in the Dasht-e Kevir desert. |
| Posted by: bigjim-ky 2008-08-10 09:38 |
| #2 I'd call it an 8, Bobby. The Iranian economy could be said to be tanking if it weren't already in the pits. And the EUros have a lot of warships in the Oil Gulf. There's been a lot of turnover in management there, mostly in our direction. If I were the MM I'd be a bit concerned about the more unified front. And I don't think their friends in Moscow have helped them with the Euros, either. |
| Posted by: Nimble Spemble 2008-08-10 08:21 |
| #1 So there's what? 27 more levels of 'new' sanctions before EU admits failure? Where are we at, on a scale of one to ten? |
| Posted by: Bobby 2008-08-10 06:25 |