“The United States is waging an undeclared financial war on Iran as part of efforts to persuade the Tehran government to abandon alleged plans to acquire nuclear weapons.”

The BBC reports on the US Treasury Department’s increasing influence over banks and other companies, not just in the US but around the world. For example, HSBC in Dubai is allegedly refusing to give loans to Iranians because of US pressure over the consequences. The way in which America coerces non-US businesses in other countries into complying with their views on states such as Cuba and Iran smacks of imperialism. Article here.

Posted Wednesday, June 13th, 2007 @ 3:29 am
Filed in business and productivity, politics

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Further reading

These posts may be related to the one above:

1. Iran seeks diplomatic solution?
2. America provokes Iran
3. Gonzales Eight