Sunday, January 29, 2012

Possible immediate oil sanctions against EU follow from an infantile foreign policy!

The Parliament in Tehran is today debating whether to impose immediate oil sanctions against Europe. Details in a report from the Chicago Tribune, linked here.

Is this not ironic. Apparently the combined supposed abilities of the EU Foreign Ministers who met to discuss oil sanctions against Iran over its nuclear policies, could not foresee that deferring the effective date to July, as an earlier commencement might inconvenience some of their number, did not leave them all wide open to such a stunning riposte?

Such kindergarten stupidity infects everything the EU undertakes, see the posting below on the internet. Had we mature national leaders they would take this on board and remove their nations from this ever deepening disaster!

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Friday, January 20, 2012

Will Britain now contribute for Oil for Greece?

The weak-willed Coalition Government of Cameron and Clegg could next be about to concede further aid to Greece disguised as mitigation of the consequences of imposing an oil embargo against Iran.

A report in Reuters, linked here, suggests nothing will be agreed until Monday, but it should be recalled that most commitments by our treacherous politicians to continue to provide aid, usually in the form of cash or cash guarantees for the Euro Group, have been entered into during the weekends. Language such as the following should by now be taken as a clear warning sign of extra commitments ahead:

Jan 20 (Reuters) - EU foreign ministers will assure Greece on Monday that it will still be able to buy oil on reasonable terms after the introduction of a planned EU ban on Iranian crude, a senior Brussels official said.But he added that ministers, who plan to announce the embargo at a meeting on Monday, will not come out with a detailed plan that same day on how to maintain supplies to Greece, which sources around 23 percent of crude imports from Iran.

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