US President Barack Obama signed into law last Thursday Congressional legislation against Iran that has the potential to heighten tensions, not only with Tehran, but America’s European and Asia rivals.
The Comprehensive Iran Sanctions, Accountability, and Divestment Act requires the US Treasury Department to bar access to the American financial system to any foreign bank conducting transactions with Iranian entities blacklisted by the UN or the US government. The list includes some major Iranian banks, the Iranian energy sector, and businesses associated with the Islamic Revolutionary Guard Corps (IRGC).Calling our bluff, Russia sees our bet and raises the pot by 20k -
The legislation provocatively targets foreign companies selling refined petroleum products, such as gasoline and diesel, to Iran, including producers, insurers and those involved in transportation. While Iran has huge reserves of oil, its energy infrastructure and refining capacity are badly rundown due to a lack of investment, forcing the importation of gasoline.
In one of the biggest show of military might since the collapse of USSR, Russia mobilised 20,000 troops and state-of-the-art weapons in a drill, with President Dmitry Medvedev on Sunday asserting that his country is a “great” naval power capable of defending its interests.The Real Effect
This reminds me of the freakout regarding Iran giving Syria radar. Oh no! The Syrians have radar think of all the planes they could see!!! Won't someone think of the children!?! Let's review shall we?
April 25, 2006 -
With China backing up Russia and both countries in bed with Iran, please explain to me how taking on the Persian empire is a wise move?
For the record, I do believe that Russia and China are very real and deadly military threats and that the last 17 years of diplomacy are nothing more than an attempt to lure the American people an(d) military into a compromised position in order that they may easily secure dominance.
With Obama refusing to part ways with Israel, yet orchestrating a supposed "rift" between the two countries, Israel moving to seize Lebanon (Perhaps to seize the timing on this death?) and slapping Turkey, the US army perhaps moving to block the Chinese and Russia, Hillary talking tough with Russia and other various items, things just continue to ratchet up. Will Israel give Iran any sort of ultimatum like Saddam got, or will they just launch operations?
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