The US will impose "major" additional sanctions on Iran in a bid to prevent the country obtaining nuclear weapons, President Donald Trump says. He said economic pressure would be maintained unless the leadership in Tehran changed course. "We're putting additional sanctions on," he told reporters. "In [some] cases we are moving rapidly." It comes after Iran announced it would exceed internationally agreed limits on its nuclear programme. The limit on its stockpile of enriched uranium was set under a 2015 nuclear deal with world powers. In return, relevant sanctions were lifted, allowing Iran to resume oil exports - the government's main source of revenue. Iran has responded by scaling back its commitments under the nuclear deal. The reinstatement of US sanctions last year - particularly those imposed on the energy, shipping and financial sectors - caused foreign investment to dry up and hit oil exports. The sanctions bar US companies from trading with Iran, but also with foreign firms or countries that are dealing with Iran. This has led to shortages of imported goods and products that are made with raw materials from abroad, most notably babies' nappies. The plunging value of the rial has also affected the cost of locally produced staples such as meat and eggs, which have soared in price. Iran has responded to the economic pressure by violating some of the nuclear deal's commitments. It has also accused European countries of failing to live up to their promises of protecting Iran's economy from US sanctions.
The myths of free market economy and global capitalism have taken a hammering in the last few months as the Donster let's the mask of American protectionism slip. The thing is, he doesn't give a **** and nor do his masters because he knows the majority of plebs will believe just about any shìt they're fed. #isntitobvious
There's no such thing as "free market economy", it's utter bollox but this is no different to what's defined capitalism & protectionism for hundreds of years. It's protectionism all right, but the old school Al Capone definition of the word, and that's clearly being shown here - not just with Iran but anyone who wants to trade with them. It's always served the interests/greed of the few rich elite, another obvious example back in the day being the East India Company. It's a well-constructed system though, you got to hand it to them, so well ingrained it will never be disrupted or changed. The players might change but not the system.
That's exactly what I said only more tedious. Its good you agree with Aldo though. Shows common sense.
It won't ho to war, it would be to one sided, but the fall back would be even more terrorist everywhere.
https://www.telegraph.co.uk/business/2018/11/08/north-sea-oil-can-still-bargaining-chip-need/ Scotland's resources propping up the UK. When we unshackle ourselves from this horrible union England will be totally fùcked.
It is funny though that "protectionism" is such a widely accepted term in current politics, yet it rarely gets linked with its traditional meaning of extortion and racketeering.
Ah ha ha. You think we will be any more fùcked out of the union than in it? Have you seen what's going on in Westspincter?
Terrorism only way they can cause any havoc. Facts are fact, if you **** America off, you're doomed and will have to resort to counter measures.
The Russians will be straight in as well. Syria showed the Americans have no desire to put mass "boots on the ground". The irony is that Iraq will be the first to burn as all the shi'ites go full fcking armageddon from Basra to Baghdad. The whole region will be one long ****storm. I doubt the yanks will know which way to turn. Hence why it'll only be U.S. airstrikes and that's about it.
