Beleaguered but Unbowed: Sanctions and Iran  

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Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 402 no. 8768 (Jan. 2012), page 43-44.
Topik: Politics; International Relations; International Trade; Sanctions; Embargoes & Blockades

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.70 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Though they are unlikely to be fully implemented before the middle of the year, the prospect of fierce new sanctions on Iran has already ratcheted up tension between the Islamic republic and the West. On January 23rd the European Union is expected to confirm that it will embargo oil imports from Iran, a fifth of Iran's overall sales. The EU's move follows the signing into law by Barack Obama on December 31st of measures, passed almost unanimously by Congress, to stop foreign financial institutions from transacting with Iran's central bank, the main conduit for the country's energy deals. The EU, with France and Britain in the lead, is also looking at other ways of hurting the central bank. Iran has reacted by threatening to close the Strait of Hormuz, the Gulf's choke-point through which a fifth of the world's oil passes, if the embargo goes ahead. It has also warned Saudi Arabia not to make good on its promise to boost production to offset Iranian oil removed from the world market. The sanctions, which were partly prompted by the most recent report, in November, of the International Atomic Energy Agency (IAEA), the UN's watchdog, are not, however, the only reason for Iran's ire.

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