Saturday, December 8, 2012

UNILATERAL SANCTION: USA has no business compelling others to sanction Iran

Despicable USA has no business compelling other nations to sanction Iran because for one; it is USA’s unilateral sanction meaning it is not approved by the United Nations. It is USA alone in its capacity as an Israel top dog that sanctions Iran. It does not logically follow that because it does; all others must follow but ah; its allies like Israel, Canada, Palau, Marshall Island and few others should as etiquette of dictum: “beasts of the same skin and fangs haunts together.” Actually; it is my own way of going around the dictum giving it more teeth: “Birds of the same feathers flock to together.”





Several foreign firms active in Iran energy sector: GAO

Several foreign energy firms are actively investing in Iran’s oil and gas sectors in defiance of the West’s embargoes against Tehran over the its nuclear energy program, an American supervisory body says.

According to a Friday report by the US Government Accountability Office (GAO) for Congress, most of the firms are from the nine countries that have been granted extended waivers from the illegal US sanctions on Iran due to their reductions of purchases of Iranian crude oil. 


On Friday, US Secretary of State Hillary Clinton added China, India, South Korea, Malaysia, Singapore, South Africa, Sri Lanka, Turkey, and Taiwan to the list of the countries exempted from the sanctions for another six months. 




According to the GAO report, China’s Sinopec and National Petroleum Corporation, South Korea's Daelim Industrial Co., India’s ONGC Videsh Ltd, Indian Oil Corp Ltd, and Oil India Ltd as well as South Africa’s Sasol are among the energy companies active in Iran’s oil and gas sectors.

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