Wednesday, November 23, 2011

Britain cuts Iran's funding

Monday Briatin cut off Iran from the entire british financial sector. This is the first time britain has banned an entire financial sector from the British treasury. The cut off came from an increasing threat of the Iranian nuclear sector. The alaram came from the International Atomic Energy Agency reported the possible 'military dimensions' of the Iranian Atomic program. The Iranian claimed the reports were false and were politically motivated. The US has placed sanction on Iranian blanks along with many money laundering concrens but they have not completely cut all financial ties with the Iranian bank. The US has however prohibited buisness with all Iranian buissness'. The British have also announced that similar announcements will be made by partner states leaving Iran with very little funding in the global community.

http://edition.cnn.com/2011/11/21/world/europe/uk-iran-sanctions/index.html?hpt=ieu_c2

1.Could pulling the plug on an already desperate country make problems worse?
2. What result will this have on the civilians of Iran and the country's overall infrastructure

No comments:

Post a Comment