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Iran Reports Nuclear Progress As Sanctions Loom
Reuters via Yahoo News ^
| 1 Jan 2012
| Parisa Hafezi
Posted on 01/01/2012 5:45:20 PM PST by edpc
TEHRAN (Reuters) - - Iran announced a nuclear fuel breakthrough and test-fired a new radar-evading medium-range missile in the Gulf on Sunday, moves that could further antagonize the West at a time when Tehran is trying to avert harsh new sanctions on its oil industry.
U.S. President Barack Obama signed a law on Saturday imposing tougher financial sanctions to penalize Iran for a nuclear research programme that the West suspects is aimed at developing nuclear weapons.
(Excerpt) Read more at news.yahoo.com ...
TOPICS: Foreign Affairs; News/Current Events; Politics/Elections; War on Terror
KEYWORDS: iran; middleeast; oil; sanctions
If enforced strictly, the sanctions could make it nearly impossible for most refiners to buy crude from Iran, the world's fourth biggest producer.
However, Obama asked for scope to apply the measures flexibly, and will have discretion to waive penalties.
In other words...they're meaningless.
posted on 01/01/2012 5:45:34 PM PST
To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...
posted on 01/01/2012 6:19:17 PM PST
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