The day after T’giving and Black Friday if you are crazy enough to go shopping…..I will most likely be a light posting day for me as well for I have a garden to seed and get ready for the fresh yummies…….
Pompeo got his wish when he became SecState for one Trump….a neocon war hawk in a place of power with a president that has no damn idea about the workings of world affairs……and once Pompeo was in place the drums stared beating for Iran….pull out of a deal, put in more sanctions and insert Iran into every conversation when possible……
Let’s start with the new Sanctions put on Iran……economics it always comes down to economics……
Faced with the relentless U.S. economic war, Iran needs a war economy. Indeed, the plan of a war economy should not be very difficult for Iran to implement since it has a relatively successful experience of carrying out such a plan: during the 8-year war with Saddam Hussein’s Iraq, Iran embarked on an extensive state-guided economic management that effectively provided for both its military and civilian needs. Because of the revolutionary atmosphere of the time, and because of the corresponding spirit of generosity, selflessness, social cohesion, and national unity the country was able to effectively withstand both the military and economic wars launched against its territory and its people. Despite the extremely costly war, both in terms of blood and treasure, and despite the fact that Iran’s total output, or national income, at the time was only a fraction of what it is today, its people did not experience nearly as much economic hardship as they do today. Why? Mainly because its national resources were at the time distributed relatively equitably—unlike today where those resources are monopolized and plundered by a clique of financial oligarchs and economic mafias.
In the 1980s Iran and Iraq were locked in a war for 8 years and now they will cooperate economically……
Iraqi President Barham Salih has announced that his country has agreed to establish a “free-trade zone” along its border with Iran, following a meeting with his Iranian counterpart, Hassan Rouhani in Tehran.
In a joint press conference in the Iranian capital on Friday, Salih declared that the relationship between the two neighbouring countries is a “fixed principle” that is “rooted in shared history, faith and geography”
The US economic war with China could present an opportunity to Iran……
With Iran’s convening of its first “Regional Security Dialogue” summit in late September 2018 with deputy national security advisors from Russia, China, and India, Tehran has taken a significant step toward creating a multilateral framework for Eurasian security cooperation in the face of renewed U.S. sanctions. Ostensibly devoted to combatting terrorism in Afghanistan, the summit’s concluding declaration indicates a wide-sweeping stabilization agenda extending from Syria eastward to include all of Central Asia.
Though Iran is historically and geographically a quintessentially Eurasian power, Tehran has had difficulty engaging its Eastern neighbors. Iran’s “Look East” policy under the presidency of Mahmoud Ahmedinejad (2005-2013), struggled to bring Moscow and Beijing into alignment with anti-US policy despite Tehran’s strong commercial relationships with both countries. Iran’s post-JCPOA scheme of “preferring East to West” in a multilateral framework for collective security cooperation involving Russia, China, and India is proving far more successful.
As usual Trump and his Boyz began thumping their chests…….
The United States is warning other countries not to allow Iranian oil tankers into their territorial waters or ports, saying such access may run afoul of US sanctions and not only incur penalties, but also result in catastrophic economic and environmental damage should an accident occur. The State Department reminded the global shipping and insurance industries Wednesday that as part of the Trump administration’s “maximum pressure campaign” to get Iran to change its behavior, insuring Iranian tankers will now incur penalties under US sanctions reinstated this week, the AP reports.
Brian Hook, the special US representative for Iran, said that as major insurers withdraw coverage from Iranian vessels, Iran will likely turn to domestic insurance companies that will not be able to cover losses for maritime accidents that could run into the billions of dollars. “Iranian tankers are now a floating liability,” Hook told reporters. The US “sincerely hopes” accidents do not occur, he said, but he noted that an Iranian tanker was involved in an accident in the East China Sea in January that resulted in the loss of the ship and a massive oil spill. He said the US has evidence that Iranian vessels are trying to evade US sanctions by disabling location transponders used to prevent collisions.
Remember that deal made by Obama and crapped on by Trump?
It appears that Iran is still working on the deal anyway……
Iran is implementing its side of its nuclear deal with major powers, the U.N. atomic watchdog policing the pact reaffirmed on Thursday, two weeks after the latest wave of reimposed U.S. sanctions against Tehran took effect.
Iran is the new Iraq of the 2003……do not let this spiral into yet another war……..