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| Syria-Lebanon-Iran |
| US Congress approves new sanctions on Iran |
| 2012-08-03 |
| WASHINGTON: Congress voted Wednesday to slap sanctions on Iran's energy, shipping and financial industries, convinced that increasing the economic pressure on Tehran will derail its suspected nuclear weapons program. The House overwhelmingly passed the bill 421-6 and a short time later, the Senate approved it by voice vote. The measure now heads to President Barack Obama for his expected signature. The legislation builds on the current penalties directed at financial institutions that do business with Iran's central bank and adds sanctions to undermine Tehran's oil income. The legislation would impose sanctions on anyone who mines uranium with Iran; sells, leases or provides oil tankers to Tehran; or provides insurance to the National Iranian Tanker Co., the state-run shipping line. The bill seeks to undermine Iran's ability to repatriate revenue from the sale of crude oil. The bill would penalize anyone who works in Iran's petroleum, petrochemical or natural gas sector, or helps Tehran's oil and gas industry by providing goods, services, technology or infrastructure. |
| Posted by:Steve White |
| #6 Of course calling for sanctions is only as good as enforcement. I wish we had the Kabul Karachi express, where every transit pipeline crossing similarily had a loosely guarded highly stocked waypoint acap. Dang shame if that stockpile blew up and destroyed the pipeline... |
| Posted by: swksvolFF 2012-08-03 14:52 |
| #5 Congress should raise taxes on Iranians who make more than 250k; this way the Iranian middle class won't be hurt. |
| Posted by: airandee 2012-08-03 13:12 |
| #4 "Give us the means to wage war, or we will wage war against you." It falls flat on me. I believe that if the US had not coordinated an energy/material sanction on IJ, they would have had the necessary means to secure their resources on the mainland, thus not depending upon island resources as much, redering a submarine campaign against their merchant shipping not as effective. According to the book Twilight Warriors, one thing the US/Allied forces had going for them later in the war was that the aviation fuel had been so diluted many Nippon aircraft were downed before before combat. Is it an act of war, well it is certainly an aggression, if it were reduced to a mother sauce it is a seige tactic and as old as the first raiders to attack a defended town. The question I pose to those who think the Japanese would not have attacked the US Pacific Forces if sanction had not been put in place is that would an aggressively expansionist Japan already neck deep in Korea and China not at some point attempted dominance in the Pacific where the big dog had been the USA since Teddy, and even before? |
| Posted by: swksvolFF 2012-08-03 12:16 |
| #3 Champ's Playbook |
| Posted by: Besoeker 2012-08-03 09:05 |
| #2 Double secret probation for you mister! |
| Posted by: Procopius2k 2012-08-03 08:43 |
| #1 Meanwhile, Bat/dark Knight Fans, over in NORTH KOREA .... * WORLD NEWS > PRESIDENT OBAMA DECLARES NATIONAL EMERGENCY IN REGARD TO NORTH KOREA, as per the proliferation from all causes of Weaps-usable Fissle Materials. Yokay, I'll bite, isn't it kinda moot iff claims that NOKOR has 253 Tacnukes allegedly in place + aimed or targeted at SOKOR andor Nippon prove true??? |
| Posted by: JosephMendiola 2012-08-03 01:18 |