Ahmadinejad is preparing to sanction the west!

News, Commentaries & Political Discussions on Iran

Moderators: Club Operations, Web Operations, Political Operations

Ahmadinejad is preparing to sanction the west!

Postby IPC » Fri Jan 20, 2006 4:04 pm

Ahmadinejad is preparing to sanction the west!

Image
Iranian President Mahmoud Ahmadinejad waves to the crowds outside Ommayad Mosque in old Damascus, January 20, 2006. Both Syria and Iran agreed to bolster cooperation in the face of U.S. pressure on both countries.


In his latest trip to Syria, Ahmadinejad has met with representatives of Hamas, Al Jihad and Bashar al Asad, president of Syria. Ahmadinejad participated in Mosque Prayer with them and afterwards, mentioned that Iran will stand by Hamas and Al Jihad. He also mentioned that Syria and Iran must stand by each other against the American Imperialism.

When reporters asked him about future western sanctions, Ahmadinejad mentioned that Iran is getting ready to start a sanction of his own against the west! Iran might cut or completely stop the oil production and export to the west! Iran will urge the Islamic nations to do the same. Iran will also get ready to pull out her assets from European Banks.

In this new cold war and sanction war, United States means business, Iran also means business, but it seems like European Union and United Nation, as usual are hesitant to take a stand. European Union is hesitant because they know, in case of Iran's oil sanction of the west, EU will be the greater loser!

It will be interesting to see what will happen at last.

Regards,
IPC Office
Good Thoughts, Good Words, Good Deeds (English)
Pendare Nik, Goftare Nik, Kerdare Nik (Modern Persian)
Humata, Hukhta, Hvarshta (Avestan Persian)
User avatar
IPC
General
General
 
Posts: 928
Joined: Sun Nov 14, 2004 8:24 pm
Location: San Diego, California, USA

Postby IPC » Fri Jan 20, 2006 4:08 pm

Ahmadinejad in Syria

Ahamdinejad promises support to Hamas and Al Jihad.

Image
Iranian President Mahmoud Ahmadinejad (C) visits a Shi'ite Muslin shrine near Damascus, January 20, 2006.

Image
A Shiite Muslim woman peeks from an opening at a Muslim shrine near Damascus during Iranian President Mahmoud Ahmadinejadi's visit on January 20, 2006.

Image
Iranian President Mahmoud Ahmadinejad prays at a Shi'ite Muslin shrine near Damascus, January 20, 2006 on the last day of the Iranian leader's visit to Syria. Both Syria and Iran agreed to bolster cooperation in the face of U.S. pressure on both countries.

Image
Good Thoughts, Good Words, Good Deeds (English)
Pendare Nik, Goftare Nik, Kerdare Nik (Modern Persian)
Humata, Hukhta, Hvarshta (Avestan Persian)
User avatar
IPC
General
General
 
Posts: 928
Joined: Sun Nov 14, 2004 8:24 pm
Location: San Diego, California, USA

Postby IPC » Fri Jan 20, 2006 4:10 pm

Iran Pulling Foreign Reserves From Europe

By ALI AKBAR DAREINI, Associated Press Writer
AP Business Writers Matt Moore in Frankfurt, Jane Wardell in London, Alex Nicholson in Moscow, Victor L. Simpson in Rome and Laurence Frost in Paris contributed to this report.
Yahoo News Iran

Image
Iranian President Mahmoud Ahmadinejad, in Syria.

TEHRAN, Iran - A defiant Iran announced Friday it has begun pulling its foreign currency accounts out of European banks to protect its assets from possible U.N. sanctions over its nuclear program.

Analysts estimated the amount of those funds at up to $50 billion, Iran also called for a reduction in OPEC oil production — raising the possibility that the country would deploy its oil prowess in its standoff with the West.

Underlining his challenging stance, Iran's hard-line president, Mahmoud Ahmadinejad, held a meeting in Damascus, Syria on Friday with leaders from the Palestinian militant groups Hamas and Islamic Jihad.

The meeting came a day after an Islamic Jihad suicide bomber blew himself up in a Tel Aviv restaurant, wounding 20 people.

Israel accused Iran and Syria of being behind the attack, a charge both countries denied.

The currency withdrawal signaled that Iran was willing to weather U.N. punishment rather than abandon its nuclear ambitions, which the United States and some in Europe say are to develop atomic weapons. Tehran insists its program is for peaceful purposes only.

Friday's move also deprives Europe of an important lever to influence Iran and could weaken its resolve to push Iran to give up key parts of its nuclear program, analysts said.

Even more daunting is the possibility that Iran — which has the world's fourth largest reserves of oil — could try to put a squeeze on petroleum.

Crude oil prices rose above $67 Friday amid concern over the Iranian nuclear dispute, unrest in Nigeria and al-Qaida's threat of terrorist attacks in the United States.

It is feared that oil prices could surge much higher — even beyond $100 a barrel — if the U.N. Security Council imposes trade sanctions on Iran over its nuclear activities.

Iran's Oil Ministry confirmed Friday that the country is pushing for the Organization of Petroleum Exporting Countries to cut its overall production.

Ministry spokeswoman Souzan Shakourzadeh told The Associated Press the move was connected to the expected fall in demand for oil in the second quarter of 2006 and not to the nuclear dispute. She could not say how large a cut Iran is seeking.

Iran pumps about 4 million barrels of oil a day, making it the second largest producer in OPEC after Saudi Arabia.

The announcement of the withdrawal of Iran's foreign currency accounts from Europe came from the country's Central Bank governor, Ebrahim Sheibani.

"We transfer the foreign exchange reserves to wherever we deem fit," Sheibani was quoted as saying by the semiofficial Iranian Students News Agency. He would not say how much money was involved or where Iran would move it.

It was not immediately clear whether Iran's investments and property in Europe would also be affected.

Iran's assets in the United States were frozen shortly after the 1979 revolution that toppled the pro-Western Shah Mohammad Reza Pahlavi and installed a clerical regime.

Economists said the impact on the global economy would be muted since the amount is not large in comparison to other countries' reserves and since there was no sign the money would be shifted from dollars and euros to other currencies.

Analysts put the amount of Iran's funds in Europe at between $40 billion and $50 billion — far below the holdings of countries such as China, which had $819 billion at the end of December.

Swiss officials were tightlipped over whether Iran's move might include Switzerland, which is not part of the European Union, or if it meant more Iranian money might be on the way. Peter Westin, chief economist for Moscow investment bank MDM Bank, said that Iran's good relations with Moscow made it a possible destination for Iran's foreign currency reserves. "In that sense Russia is a good option," he said.

Spokesmen for the Russian Central bank were not available Friday evening.

In the jittery oil market, traders pushed the price of light sweet crude for February delivery up $1.32 to $68.15 in New York trading. On the ICE Futures exchange in London, March Brent rose $1.01 to $66.24 a barrel.

Stuart Eizenstat, who helped negotiate sanctions against Iran after the 1979 hostage crisis, said the Iranian currency action could weaken European resolve to ensure that Iran does not acquire nuclear weapons.

"It's one less instrument of leverage," Eizenstat told AP.

European powers have drafted a resolution that calls for referring Iran to the council but stops short of asking for imposition of punitive measures against Iran. The International Atomic Energy, the U.N. nuclear watchdog, will meet Feb. 2 to discuss the draft.

Momentum gathered Friday for Europe to take steps against Iran with two senior officials speaking out against the country's nuclear activities.

Italian Foreign Minister Gianfranco Fini told the AP that Iran's nuclear program was testing the world's resolve. "The international community must have a defined, very precise, very united strategy," Fini said in an interview.

The head of France's armed forces, Gen. Henri Bentegeat, accused Iran of trying to obtain nuclear weapons. Iran "presents a major worry because it is a country that has shown extremely bellicose intentions," he told RTL radio.

Iran removed some U.N. seals from its main uranium enrichment facility in Natanz, central Iran, on Jan. 10 and resumed research on nuclear fuel — including small-scale enrichment — after a 2 1/2-year freeze.

Europe is trying to persuade Iran to give up enrichment, a process that can produce either fuel for a nuclear reactor or the material needed for a bomb.
Good Thoughts, Good Words, Good Deeds (English)
Pendare Nik, Goftare Nik, Kerdare Nik (Modern Persian)
Humata, Hukhta, Hvarshta (Avestan Persian)
User avatar
IPC
General
General
 
Posts: 928
Joined: Sun Nov 14, 2004 8:24 pm
Location: San Diego, California, USA

Postby IPC » Tue Feb 07, 2006 7:51 am

Iran begins enriching uranium, ends UN checks
posted at: 2/6/2006 2:45:52
Reuters


Image
Ahmadinejad promises for Iran to support Syria against a possible US invasion

Image
Ahmadinejad and Bashar al Asad The Syrian President


Iran begins enriching uranium, ends UN checks

TEHRAN: A defiant Iran yesterday ended snap UN checks of its nuclear sites and said it was resuming uranium enrichment, a day after being reported to the Security Council over suspicions it is building nuclear weapons.

Diplomats warned the response could heighten the dispute over the nuclear ambitions of the world’s fourth biggest oil exporter. Tehran insists it needs nuclear technology only to generate electricity.

“Iran has stopped all voluntary measures that it undertook in the past two-and-a-half to three years,â€
Good Thoughts, Good Words, Good Deeds (English)
Pendare Nik, Goftare Nik, Kerdare Nik (Modern Persian)
Humata, Hukhta, Hvarshta (Avestan Persian)
User avatar
IPC
General
General
 
Posts: 928
Joined: Sun Nov 14, 2004 8:24 pm
Location: San Diego, California, USA

Postby Chris » Sat Feb 11, 2006 2:14 pm

We should go and take the oil from Iran and give back a fair price to the Iranian people.These so called leaders deserve nothing.
Chris
Lance Corporal
Lance Corporal
 
Posts: 51
Joined: Sat Jan 28, 2006 10:01 pm


Return to Iran Room

Who is online

Users browsing this forum: No registered users and 3 guests