http://www.reuters.com/article/2012/10/14/us-eu-iran-sanctions-idUSBRE89D0IJ20121014
The European Union is getting tired of Iran. They are making active measures to attack its economy, regardless of the effects it has on its citizens.
They are banning metal trade and oil purchases from Iran. They are trying to ensure a Europe that does not contribute to Iran. In the last month, the $Rial has lost 2/3 of its value as compared to the dollar. Ouch!
The reason for all of this is their disdain for Iran's nuclear agenda. Since Iran is still getting Up And Atom without regard to any international treaty, EU's first tactical strike against them is in the pocket.
I can only wonder what will happen to the country because of this. I don't believe Iran will stop their policies due to these new sanctions. How much will their citizens have to suffer due to the global overlords playing God with Weapon and Wealth.
Kye Manuel Holston
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