sanctions with exemptions ? - Comment - Israel News | Haaretz Daily Newspaper
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    • Frank Baumann
    • 29.06.12 | 14:38 (IDT)

    You have to ask Obama whats the use of "10% sanctions with exemptions" ? Iran is mostly self-sufficient in food items, only few imported items like cars, gadgets etc are affected. Also has over $100 billion in cash reserves in tax-havens & gold bullion, which is enough for few years. A total naval & land blockade may have been more effective, but not such eye-wash sanctions. And since many countries are co-operating with Iran in thwarting the sanctions, they are clearly not effective.

    from the article: Top Iran official: U.S. threats of military attack against nuclear program are empty
    First published 12:35 29.06.12 | Last updated 12:35 29.06.12
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