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To: MythMan who wrote (326387)9/6/2006 9:46:11 AM
From: Lucretius  Respond to of 436258
 
LOL



To: MythMan who wrote (326387)9/6/2006 10:06:11 AM
From: Lucretius  Read Replies (3) | Respond to of 436258
 
i crap bigger than this selloff.... what a bunch of little girls



To: MythMan who wrote (326387)9/6/2006 7:29:56 PM
From: Lucretius  Read Replies (2) | Respond to of 436258
 
bullish?

U.S. sees Iran sanctions advancing

By Carol Giacomo, Diplomatic Correspondent1 hour, 38 minutes ago

The United States expects the U.N. Security Council to overcome Russian and Chinese misgivings and approve sanctions on Iran, senior U.S. officials said on Wednesday.

Undersecretary of State Nicholas Burns will join colleagues from Russia, China, Britain, France, Germany and the European Union in Berlin on Thursday to discuss a joint response to Iran's refusal to obey a U.N. order to halt nuclear enrichment activities by August 31.

Undersecretary of State Robert Joseph, the top U.S. non-proliferation official, said the United Nations had already struck the "fundamental bargain" by agreeing that sanctions should be the next step.

A resolution passed on July 31 stated that the Security Council would move toward sanctions if Iran did not meet the August 31 deadline.

Since Iran defied the deadline, "I think China, like Russia and the other states that voted for the resolution, will support what is called for in the resolution," Joseph told a news briefing.

U.S. officials are aiming for Security Council action by month's end. However, State Department spokesman Sean McCormack, in a separate briefing, said Washington would stop pushing for sanctions if Iran suspended uranium enrichment.

Joseph said the world could not wait while Tehran "plays for time" and moves closer to a nuclear weapon, which it could acquire by the end of the decade.

Iran's postponement of a planned meeting with European Union foreign policy chief Javier Solana on Wednesday was another attempt at delay, he said.

Despite U.S. confidence, it is by no means certain that other major powers will agree to impose sanctions on Iran. Russia and China are both uneasy with the use of sanctions in general and reluctant to harm trade with Iran. Both have revived their objections while some Europeans are also expressing concerns.

The United States and its allies have accused Iran of trying to produce nuclear weapons under the guise of a nuclear energy program. Tehran denies the charge.

INVESTORS BRIEFED

U.S. officials have told some investors they are confident of enacting measures to press Iran's leaders to negotiate, one investor with ties to the administration said.

The United States and its partners have offered Iran, the world's fourth major oil producer, economic and political incentives if it abandons weapons-related activities.

They expect to impose sanctions on a graduated basis, beginning by banning foreign travel and closing overseas bank accounts of Iranians involved in nuclear, chemical, biological and missiles programs.

U.S. and European officials said they still need to decide which specific individuals to target, when sanctions would take effect, how long they would last and how to enforce them.

Meanwhile Washington is encouraging other countries to use existing national and international authorizations to halt Iran's trade in sensitive technologies.

It is also trying to persuade international banks to end business with Iran. Stuart Levey, Treasury under-secretary for terrorism and financial intelligence, will be in Europe next week for more talks on drying up Iran's financial flows.

At the same time, the State Department said it was providing security for former Iranian President Mohammed Khatami on a unprecedented U.S. visit.

Massachusetts Gov. Mitt Romney, a possible 2008 Republican presidential candidate, said his state would not protect Khatami during a visit to Harvard University next weekend but McCormack said the department's diplomatic security office would fill the gap.

Khatami on Thursday was to speak at Washington's National Cathedral, where many prominent Americans worship.



To: MythMan who wrote (326387)9/7/2006 9:32:37 AM
From: Lucretius  Read Replies (3) | Respond to of 436258
 
do we sell this dip?