Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : WAR on Terror. Will it engulf the Entire Middle East? -- Ignore unavailable to you. Want to Upgrade?

To: DeplorableIrredeemableRedneck who wrote (18630)	12/23/2006 12:45:26 PM
From: DeplorableIrredeemableRedneck	Read Replies (1) \| Respond to of 32591

Some good news here. UN passes Iran nuclear sanctions news.bbc.co.uk The Iranian government has vowed to continue its nuclear programme The United Nations Security Council has unanimously voted to impose sanctions against Iran over its failure to halt uranium enrichment. The sanctions ban the supply of nuclear-related technology and materials, freeze certain assets and limit travel for specific individuals. The US representative warned that Iran's pursuit of nuclear weapons would make it less, not more, secure. Iran says its programme is for peaceful purposes and has vowed to continue. 'Serious repercussions' The resolution, under Chapter Seven of Article 41 of the UN Charter, makes enforcement obligatory but limits action to non-military measures. If necessary, we will not hesitate to return to this body if Iran does not take further steps to comply Acting US Ambassador to the UN, Alejandro Wolff Gulf of misunderstanding But acting US ambassador to the UN, Alejandro Wolff, said the resolution sent a strong warning that there would be serious repercussions to Iran's continued defiance of the international community. "Today we are placing Iran in the small category of states under Security Council sanctions," Mr Wolff said. "If necessary, we will not hesitate to return to this body if Iran does not take further steps to comply," he said. The resolution, which demands that Tehran end all uranium enrichment work, which can produce fuel for nuclear plants and bombs, was the result of months of protracted negotiations. The version approved by all 15 council members had been amended several times to meet objections from Russia and China. Hours before the vote, US President George W Bush spoke to Russia's Vladimir Putin and discussed the issue, agreeing on the importance of a unified stance. Watered down In a statement before the Security Council, Russia's Ambassador to the UN, Vitaly Churkin, emphasised that the resolution did not authorise the use of force. But he said the sanctions sent a "strong message" to Iran about the need to comply with the International Atomic Energy Agency. The text has been watered down to take account of Russian concerns over such provisions as a freeze on the assets abroad of specific Iranian individuals and organisations. Both Russia and China have strong financial ties with Iran - Russia is building a nuclear power station in the country and China has significant oil interests there. The resolution demands that Tehran end all uranium enrichment work, which can produce fuel for nuclear plants as well as for bombs. Iranian President Mahmoud Ahmadinejad has threatened to reconsider relations with those countries which support sanctions.