Embargo: West Aiming For Total Asset Freeze of Iranian Central Bank Assets Amid Currency Crisis!

• Embargo: West Aiming For Total Asset Freeze of Iranian Central Bank Assets Amid Currency Crisis! 
  by http://silvervigilante.com/ 
  Greasing the gears of global governance, both the US and Europe are acting in a coordinated manner to ensure the acceleration of the Iranian rial’s current plunge and drain the nation’s foreign-exchange reserves, according to Obama administration officials, the US Congress and European Union. The sanctions campaign has kicked into high gear and will begin to resemble the sanctions the US put on Iraq over decades, which led to the starvation of millions. The first techniques of the new phase of sanctions will be detailed at a meeting of EU foreign ministers on October 15, and is expected to include a ban on Iranian natural-gas exports and tighter restriction on transactions with the central bank in Tehran, if not an all-out boycott.
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  Other banks are also to be targeted into the new financial war led by Washington and Brussels as a means of pressuring Supreme Leader Ayatolla Ali Khamenei to cease his country’s nuclear program. The US and EU are also mulling over the technique of imposing a de facto trade embargo early in 2013. They plan on executing this by blocking all export and import transactions through Iran’s banking system. This is expected to curtail Tehran’s ability to access currency exchange markets, according to US and EU officials. Moreover, politicians in the US are currently drafting legislation that would give White House the initiative to block all international commerce with Iran’s central bank. The legislation also attempts to seize the authority to ban on all outside insuring of Iranian companies, so that once Washington blows Tehran and greater Iran to bits, there won’t be any need by western banks to pay out.  Other legislation calls for a blockage of investment in Iran’s energy sector by closing loopholes existing in the current sanctions.
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  The EU is open to implementing the measures for which the US is calling. It already backed the White House’s impediment of Iran’s oil trade this year. ”You could see a move for a total embargo,” said a senior European official involved in the sanctions debate. “This could fall in line with what Congress is thinking.”  The recent plunge in the price of the rial has give Washington the impetus to go after Tehran, kicking up the acts of war it has hitherto embarked upon.  Washington and Brussels is maintaining that Western sanctions are damaging Tehran’s financial outlook.
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  A held belief that Iran’s economy would remain strong in the face of sanctions due to deep oil reserves is quickly changing. ”There has been the perception that Iran is unmovable because of its oil resources,” a European official is quoted in the WSJ as saying. “This perception is quickly shifting.”
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