15 February 2012

Turning the screws tighter

23 Shevat 5772

US, Europe eye risky, unprecedented penalty for Iran over pursuit of nuclear weapons

WASHINGTON – The United States and Europe are considering unprecedented punishment against Iran that could immediately cripple the country's financial lifeline. But it's an extreme option in the banking world that would come with its own costs.

The Obama administration wants Iran evicted from SWIFT, an independent financial clearinghouse that is crucial to the country's overseas oil sales. That would leapfrog the current slow-pressure campaign of sanctions aimed at persuading Iran to drop what the U.S. and its allies contend is a drive toward developing and building nuclear weapons. It also perhaps would buy time for the U.S. to persuade Israel not to launch a pre-emptive military strike on Iran this spring.

The last-resort financial effort suggests the U.S. and Europe are grasping for ways to show immediate results because economic sanctions have so far failed to force Iran back to nuclear talks.

But such a penalty could send oil prices soaring when many of the world's economies are still frail. It also could hurt ordinary Iranians and undercut the reputation of SWIFT, a banking hub used by virtually every nation and corporation around the world. The organization's full name is the Society for Worldwide Interbank Financial Telecommunications.

1 comment:

  1. BS"D

    Just an opinion for what it's worth...but what if Israel is the smokescreen for all of this. How many people are aware that SAUDIA ARABIA is terrified of nuclear-armed Shiite Iran practically next door? And, are people aware that over the last several months there have been quiet meetings between the highest Saudi officials and DC? Yet, the media is making it seem that this is only Israel's problem. Of course, if this measure is enacted who will take the blame? I doubt it will be Saudi Arabia in the eyes of the goyim. With this in mind, and if one has been following the behind the scenes animations that it is Saudi Arabia that is probably carrying more weight in Washington's policy-making because of their black gold, i.e. oil..than Israel, it looks like the latter is the scapegoat for whatever fallout results from any possible anti-Iranian action. Referrence Yoma 10a for Paras-Edom and the following:

    Yalkut Shimoni (Volume II Sec. 499 on Yeshayahu 60:1 (Isaiah)

    “Rabbi Yitzchak said:

    In the year the King Moshiach will be revealed, the kings of all the nations of the world will struggle with each other: the king of Persia (Iran) will provoke the Arabian king; the Arabian king will go to Aram [Edom] (the West -now understood to be America or Europe) for advice. And the King of Persia goes back and destroys the entire world. All the nations of the world will be in turmoil and terror; they will fall on their faces, seized by pains like the pangs of childbirth. Israel will also be in turmoil and terror, saying, "where shall we come and where shall we go, where shall we come and where shall we go?"

    "[G-d] will say to them, "My children, do not be afraid, all that I have done I have done only for your sake. Why are you afraid? Do not fear, the time for your Redemption has arrived.