Buying Time
On January 31, 2012, Posted by Mike Godfrey , In Europe,Middle East, By Economy,embargo,European Union,Iran,Libya,Oil,Sanctions,stimulus,United States , With Comments Off on Buying Time
Recently the European Union has been building up to the implementation of “crippling” new sanctions against the government of Iran. These new sanctions were finally revealed on January 23 and their primary focus is on limiting Iran’s oil export capability. Despite the strong rhetoric, these sanctions will not truly be…