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Britain To Freeze Iranian Bank Assets

Britain To Freeze Iranian Bank Assets

AP
June 16, 2008

http://www.youtube.com/watch?v=0o064gY3DMU

Britain will freeze assets of Iran’s largest bank in a further move to discourage the country from developing nuclear weapons, Prime Minister Gordon Brown said Monday.

Brown, speaking at a news conference with President Bush, said Britain will work to persuade Europe to follow suit.

The British leader said that assets of Iran’s Bank Melli would be frozen. Last year, the United States accused the bank of providing services to Iran’s nuclear and ballistic missile programs.

“Action will start today in new phase of sanctions on oil and gas,” Brown said. “We will take any necessary action so that Iran is aware of the choice it needs to make.”

The U.S. and some of its allies accuse Iran of trying to develop nuclear weapons. Iran denies that, saying its atomic program is aimed at using nuclear reactors to generate electricity.

The U.N. Security Council has imposed three sets of limited sanctions against Iran for refusing to halt uranium enrichment, a technology that can both produce nuclear fuel and turn out the material needed for nuclear warheads.

The third round of U.N. sanctions passed in March introduced financial monitoring of Bank Melli and another bank with purported links to suspect Iranian nuclear activities, Bank Saderat.

Brown said his government wanted to do all it could to maintain a dialogue with Tehran.

“But we are also clear that if Iran continues to ignore (United Nations) resolutions, to ignore our offers of partnership, we have no choice but to intensify sanctions,” the prime minister said.

“I will repeat that we will take any necessary action so that Iran is aware of the choice it has to make — to start to play its part as a full and respected member of the international community, or face further isolation.”

Bush urged Tehran to accept a new package of incentives and said it should accept a Russian proposal to enrich uranium on Iran’s behalf.

“When the Iranians say we have a sovereign right to have one, the answer is ’You bet you have a sovereign right, absolutely’,” Bush said, referring to a civilian nuclear program.

“But you don’t have the trust of those of us who have watched you carefully when it comes to enriching uranium, because you have declared that you want to destroy democracies in the neighborhood.”

Brown said he will press European colleagues at a summit in Brussels, Belgium later this week to agree a tougher package of European Union sanctions against Iran, including the freezing of Bank Melli’s assets.

The EU imposes its own set of measures against Iran, in addition to U.N.- backed sanctions, which include a total arms embargo and travel bans against a number of named individuals and organizations.

French Foreign Minister Bernard Kouchner has previously called for the EU to target more companies — particularly in the banking sector — and other individuals who do not now face visa bans under current EU penalties.

 

Iran Withdraws $75B From Europe

Reuters
June 16, 2008

Iran has withdrawn around $75 billion from Europe to prevent the assets from being blocked under threatened new sanctions over Tehran’s disputed nuclear ambitions, an Iranian weekly said.

Western powers are warning the Islamic Republic of more punitive measures if it rejects an incentives offer and presses on with sensitive nuclear work, but the world’s fourth-largest oil exporter is showing no sign of backing down.

“Part of Iran’s assets in European banks have been converted to gold and shares and another part has been transferred to Asian banks,” Mohsen Talaie, deputy foreign minister in charge of economic affairs, was quoted as saying.

Iranian officials were not immediately available to comment on the report in Shahrvand-e Emrouz, a moderate weekly, which did not specify the time period for the withdrawals which it said were ordered by President Mahmoud Ahmadinejad.

“About $75 billion of Iran’s foreign assets which were under threat of being blocked were wired back to Iran based on Ahmadinejad’s order,” the weekly said.

Iran’s Etemad-e Melli newspaper, also quoting Talai, last week also reported the country was withdrawing assets from European banks but did not give any figures.

Read Full Article Here

 

Iran Urges OPEC To Dump Dollar

Press TV
June 17, 2008

Iran urges the OPEC member states again to convert their cash reserves into a basket of currencies rather than the tumbling US dollar.

Speaking at a ceremony to open the 29th ministerial meeting of the OPEC Fund for International Development (OFID), Iran’s President Mahmoud Ahmadinejad repeated his proposal made about six months ago in a rare summit of the Organization of Petroleum Exporting Countries’s heads of states.

“The fall in the value of US dollar is one of the pressing problems of the world today,” warned the Iranian president at the conference in Isfahan on Tuesday.

He further expressed concern over the adverse effect of the dollar depreciation on the international community, especially energy exporting countries through increasing the price of commodities like wheat, rice and oilseeds.

Ahmadinejad said he warned six months ago in the summit conference in Riyadh that there were many indications pointing to continued fall in the value of the greenback.

“And we see that this continues to happen and the resources and wealth of OPEC member countries have been hugely damaged.

“I again repeat my previous proposal; we should have a basket of different international hard currencies as the basis or the member countries should come up and produce a new hard currency for petroleum contracts,” he stressed.

“They get our oil and give us a worthless piece of paper,” Ahmadinejad said earlier after the close of the summit in the Saudi capital of Riyadh.

The comments by the Iranian president gained backing from Venezuelan President Hugo Chavez as he said at the same event, “The empire of the dollar has to end.”

On the soaring oil prices, the Iranian president said, “At a time when the growth of consumption is lower than the growth of production and the market is full of oil, prices are rising and this trend is completely fake and imposed.”

“As you know the decrease in the dollar’s value and the increase in energy prices are two sides of the same coin which are being introduced as factors behind the recent instability,” Ahmadinejad added.

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http://www.niacouncil.org/index.ph..&task=view&id=1141&Itemid=2

Israeli Ministers Mull Plans for Military Strike against Iran
http://www.spiegel.de/international/world/0,1518,559925,00.html

Iran: No decision for new sanctions
http://www.presstv.ir/detail.aspx?id=60394&sectionid=351020101

EU To Issue Stronger Iran Sanctions
http://news.yahoo.com/s/ap/20..yoz_9cR3Dd4WvnVDpQUewgF

Bush threatens Iran with military action, again
http://www.independent.co.uk/news..an-with-military-action-848488.html

Alert?! Cheney Winning the Inside Battles Again
http://www.thewashingtonnote.com/archives/2008/06/alert_cheney_wi/

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http://www.timesonline.co.uk/tol/new.._and_americas/article4144317.ece

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Coup on Iran & False Flag News Archive