US seeking to ‘close down’ Iran central bank
Posted: January 17th, 2012 by Militant Libertarian
from Breitbart
The latest round of American sanctions are aimed at shutting down Iran’s central bank,a senior US official said Thursday, spelling out that intention directly for the first time.
“We do need to close down the Central Bank of Iran (CBI),” the official told reporters on condition of anonymity, while adding that the United States is moving quickly to implement the sanctions, signed into law last month.
The sanctions, broadly aimed at forcing Tehran to shift course on its nuclear program, targeted Iran’s crucial oil sector and required foreign firms to make a choice between doing business with Iran or the United States.
Foreign central banks that deal with the Iranian central bank on oil transactions could also face similar restrictions under the new law, which has sparked fears of damage to US ties with nations like Russia and China.
“If a correspondent bank of a US bank wants to do business with us and they’re doing business with CBI or other designated Iranian banks… then they’re going to get in trouble with us,” the US official said.
Auto-Generated Related posts (probability):
- The US-Iran economic war by Pepe Escobar, AsiaTimes Here’s a crash course on how to further wreck the global economy. A key amendment to the National Defense Authorization Act...
- Iran, Gold and Oil – The Next Banksters War by Christoph R. Horstel, BLN Remember the real reason why Moammar Gadhafi is dead. He dared to propose and started creating an alternative currency to the world...
- War on Iran Propaganda: The Lord High Almighty Pooh-Bah of Threats by William Blum, BoilingFrogs As we all know only too well, the United States and Israel would hate to see Iran possessing nuclear weapons. Being...
and Fire!
