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Friday 4 November 2011

U.S. Will Not Impose Sanctions On Iran's Central Bank


Photo: Central Bank of Iran

U.S. Backs Away From Sanctions On Iran Central Bank -- L.A. Times

Despite vows to punish Iran for an alleged plot to kill the Saudi ambassador, U.S. officials have decided that such sanctions could disrupt oil markets and further damage the U.S. and world economies.

Despite weeks of tough warnings, the Obama administration has backed away from its calls to impose new and potentially crippling economic sanctions against Iran in retaliation for an alleged plot to kill Saudi Arabia's ambassador on U.S. soil, according to diplomats and American officials.

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My Comment: I wrote a few weeks ago that if the U.S. was REALLY serious about sanctions [...]



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