Thursday, July 19, 2007

Obsessions are never healthy

An escalating crackdown by the US on foreign companies and banks doing business with Iran is provoking opposition in Britain and Europe, where diplomats say the action could lead to a trade war.

Congress wants all international companies to end their investment in Iran and is pushing through a bill that would penalise companies which fail to do so. The British, along with other European governments, see the US approach as draconian and are lobbying against it.
As if the world doesn't hate us enough.

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