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Iran shrugs off latest U.S. sanctions, trade suffers
Reuters ^ | Tue Feb 7, 2012 6:12pm EST | Parisa Hafezi

Posted on 02/08/2012 12:50:19 AM PST by Olog-hai

Iran castigated its U.S. adversary on Tuesday over new financial measures to disrupt Iranian commerce, and a default on payment for rice purchases highlighted the encroachment of sanctions on the staples of everyday life.

Lawmakers in Tehran vowed to ban crude exports to European countries even before an EU oil embargo takes effect.

The U.S. sanctions, targeting Iran's central bank and giving U.S. banks new powers to freeze Iranian government assets, were the latest in a tightening web of international measures aimed at forcing the Islamic Republic to scrap sensitive nuclear work.

"It is an antagonistic move, psychological warfare which has no impact... There is nothing new, it has been going on for over 30 years," Iranian Foreign Ministry spokesman Ramin Mehmanparast said, referring to three decades of U.S.-Iranian hostility. …

Tension with the West rose last month when the United States and the European Union targeted Iranian oil exports in their efforts to halt Tehran's suspected quest for an atomic bomb.

Mehmanparast said the pressure would not deter Iran from pursuing a nuclear program it says has only peaceful purposes. "Our history has shown that sanctions, which are totally illogical, have accelerated our nation's progress," he added. …

(Excerpt) Read more at reuters.com ...


TOPICS: Crime/Corruption; Culture/Society; Foreign Affairs; War on Terror
KEYWORDS: iran; jihad; papertiger; toothlesssanctions

1 posted on 02/08/2012 12:50:36 AM PST by Olog-hai
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To: Olog-hai

Our first Muslim President, better described as a Muslim terrorist, has done NOTHING to slow down Iran.

If you still wonder where the Obama clown got $Hundreds of Millions to buy the 2008 election, look no further than Tehran.


2 posted on 02/08/2012 3:43:36 AM PST by politicianslie (Obama: America's first Muslim POTUS, doing all he can to destroy America. HELLO, can anyone think?)
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To: Olog-hai

“Our history has shown that sanctions, which are totally illogical, have accelerated our nation’s progress,” he added.””

Sanctions - totally illogical- but have proven to be helpful to that country??? Then what are they whining about? Accept the sanctions and shut up. You’ll soon be part of the 21st Century!

He’s got a lot in common with the person who sits in our WH. He thinks everything he’s done since he took office has “accelerated our nation’s progress” also. Someone better stop selling the rose-colored glasses to these jerks before we all go over the cliff.


3 posted on 02/08/2012 5:29:02 PM PST by Thank You Rush
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To: Thank You Rush

By “progress” I suspect they mean towards building their nuclear weapons of mass destruction.


4 posted on 02/08/2012 5:34:19 PM PST by Olog-hai
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