Iran Moves Assets out of Europe (BBC)

[katty]

cont'd at: http://news.bbc.co.uk/2/hi/business/4632144.stm

Iran 'moves assets out of Europe'

Iran could face sanctions if it is brought before the UN
Iran has started moving its foreign exchange reserves out of Europe in a bid to shield the country from the threat of sanctions, reports suggest.
Iran's central bank governor said the country had begun withdrawing assets from European banks, the Iranian Students News Agency reported.

Iran is embroiled in a row with the US and European Union over allegations it is attempting to build nuclear weapons.

The UN's atomic agency is due to meet on 2 February to discuss the crisis.

Russian solution?

[tocqueville]

1. see my post here

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=364&topic_id=197917&mesg_id=197917


you mean CHINESE solution.... ???

[cliss]

2. I still think that the US has underestimated Iran's

strength. They probably have advisors who sit in those board rooms, getting sweat stains under their arms. They try desperately to get Bush and Cheney to understand: Iran is not a penny-ante country. They have become good friends with the NEW Big Boys: China and India.

As Cheney slams his fist into the table and curses, Bush just wants to drop a nuclear bomb on Teheran and get it over with quickly.

An English tabloid is now predicting that "Iran prepares for a long siege against Europe.