U.S. Officials Put Pressure on Iraqi Bank with Ties to Iran
In July, the Obama administration barred Iraq’s Elaf Islamic
Bank from doing business with the U.S. banking system due to alleged ties to
illegal financial transactions with Iran that threaten to undermine the
effectiveness of Western sanctions against Tehran’s illicit nuclear program,
according to The New York Times.
“The
little-known bank singled out by the United States, the Elaf Islamic Bank, is
only part of a network of financial institutions and oil-smuggling operations
that, according to current and former American and Iraqi government officials
and experts on the Iraqi banking sector, has provided Iran with a crucial flow
of dollars at a time when sanctions are squeezing its economy,” The New York Times reported on Sunday.
Iraq and Iran have steadily increased economic ties since
the U.S.-led invasion in 2003, with trade estimated at around $11 billion a
year, according to The New York Times
report. “Just last week, an Iraqi delegation that includes the deputy prime
minister and top officials from the ministries of finance and trade and the
central bank met in Tehran with their Iranian counterparts for talks about
further increasing economic ties.”
www.cnas.org
2012-08-20 04:51:48
Source:
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).