Are the consequences of Middle East extremists unavoidable?
*Bloomberg, by Catherine Dodge & Edwin Chen, June 11, 2008:
"President George W. Bush and German Chancellor Angela Merkel said
more sanctions will be placed on Iran if the government continues to
ignore demands to suspend uranium enrichment.
Bush also reiterated that all options remain open regarding Iran, after
talks in Germany with Merkel.
`All options are on the table, and my first choice is to solve this
diplomatically,' Bush said today at a press conference with the
chancellor. `If they choose to continue to be obstinate, there will be
additional sanctions.'
Bush, on his farewell trip to Europe, arrived in Germany yesterday and
held meetings with Merkel at Schloss Meseberg, a government guesthouse
about 70 kilometers (44 miles) north of Berlin. Deterring Iran's
nuclear ambitions is the focus of Bush's weeklong trip. He left Germany
for Rome after his talks today and will also make stops in Paris and
London.
The U.S. president won backing from the European Union for tighter
sanctions against Iran's banks, officials announced yesterday. European
Commission President Jose Barroso told Bush that the 27-nation EU's
executive branch will take `additional measures' to keep Iranian banks
from funding terrorism.
Merkel agreed that more sanctions should be placed on Iran if the
government continues to ignore demands from the international community
to suspend its nuclear program that the U.S. and many European
countries believe is aimed at producing nuclear weapons. Iran, home to
the world's second largest oil and natural gas reserves, says its
nuclear research is for peaceful purposes.
`Further Sanctions'
`If Iran does not meet its commitments, then further sanctions will
simply have to follow,' Merkel said. `We would hope for the leadership
in Iran to finally see reason.'
Iran ignored demands to stop producing nuclear fuel and blocked
inspectors from looking at documents claiming the government in Tehran
researched atomic weapons, the United Nations' nuclear watchdog, the
International Atomic Energy Agency, said last month."
*This information is solely a highlight of the opinion of a third-party publication and is incomplete. Please subscribe to this publication for the full and timely opinion of the author and call a Monex Account Representative for any additional up-to-date information. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
Call Now
Let us help you:
Personal Advisors
available now at
1-800-444-8317