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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (17786)4/26/2007 11:40:58 PM
From: elmatador  Respond to of 218744
 
Photo of the day: "driven by secret activity by the U.S. Department of Treasury"

eplay forget the Marines. Here's the armed force:
As I wrote the industry is financial, the weapons are financial too!

These are sanctions that international corporations, primarily banks and financial institutions, are imposing on Iran without publicly declaring so.

These sanctions are mainly driven by secret activity by the U.S. Department of Treasury, designed to pressure companies in the U.S., Europe and Asia to refrain from commercial ties with Iran, or at least to reduce them. In recent months, some 50 of the world's leading banks and financial institutions have complied with these pressures. The most prominent are Swiss bank UBS, Germany's Commerzbank and London-based HSBC. At the same time, the Bush administration is keeping pressure on the world's governments to cut back their commercial relations with Iran.