Keyword: sanctions

The US-Iran Economic War

Picture: http://america20xy.com Pepe Escobar - Here's a crash course on how to further wreck the global economy.  A key amendment to the National Defense Authorization Act signed by United States President Barack Obama on the last day of 2011 - when no one was paying attention - imposes sanctions on any countries or companies that buy Iranian oil and pay for it through Iran's central bank. Starting this summer, anybody who does it is prevented from doing business with the US.  This amendment - for all practical purposes a...