out 8764 , missed big spike 8875+ 
CL Redux
- Thread starter schizo
- Start date
War games ramped up as Iran hit by fresh sanctions
http://www.thejc.com/news/world-news/69569/war-games-ramped-iran-hit-fresh-sanctions
1/ The United States and Iran both ramped up their military rhetoric this week following the implementation of new sanctions against Iranâs oil exports and the impasse in negotiations over the countryâs nuclear programme.
The new sanctions by the European Union and the US, which include an embargo on Iranian oil and the revoking of insurance for ships carrying it, is expected to plunge the Iranian economy into a deep crisis.
2/ Despite this, for now, the regime remains defiant, with MPs in Tehran proposing a closure of the Strait of Hormuz. At the same time, the Islamic Revolutionary Guard Corps embarked on a three-day exercise dubbed âGreat Prophet 7â which included the test-firing of dozens of medium and long-range missiles.
Meanwhile, the US is reinforcing its naval forces in the Persian Gulf with additional minesweepers and warships.
3/ General Martin Dempsey, the US Chairman of the Joint Chiefs of Staff, confirmed over the weekend that Israel and the US will hold its largest ever joint military exercise, Austere Challenge 2012, in October.
4/ Also this week, âtechnical expertsâ representing Iran and the five permanent members of the UN Security Council along with Germany (P5+1) met at an undisclosed location in Istanbul in an attempt to narrow the gaps between the positions of both sides on Iranâs uranium enrichment programme. No breakthrough was expected.
http://www.thejc.com/news/world-news/69569/war-games-ramped-iran-hit-fresh-sanctions
1/ The United States and Iran both ramped up their military rhetoric this week following the implementation of new sanctions against Iranâs oil exports and the impasse in negotiations over the countryâs nuclear programme.
The new sanctions by the European Union and the US, which include an embargo on Iranian oil and the revoking of insurance for ships carrying it, is expected to plunge the Iranian economy into a deep crisis.
2/ Despite this, for now, the regime remains defiant, with MPs in Tehran proposing a closure of the Strait of Hormuz. At the same time, the Islamic Revolutionary Guard Corps embarked on a three-day exercise dubbed âGreat Prophet 7â which included the test-firing of dozens of medium and long-range missiles.
Meanwhile, the US is reinforcing its naval forces in the Persian Gulf with additional minesweepers and warships.
3/ General Martin Dempsey, the US Chairman of the Joint Chiefs of Staff, confirmed over the weekend that Israel and the US will hold its largest ever joint military exercise, Austere Challenge 2012, in October.
4/ Also this week, âtechnical expertsâ representing Iran and the five permanent members of the UN Security Council along with Germany (P5+1) met at an undisclosed location in Istanbul in an attempt to narrow the gaps between the positions of both sides on Iranâs uranium enrichment programme. No breakthrough was expected.
it seems we will see 85 to REFLECT EURO 1.2350 by tomorrow some time ( assume NO Further WAR escalation news )
and then
it may push back to 87 level by Friday close to REFLECT IRAN case and Weekend NO Open short policy in WAR news days .
weigh-in if you have view/opinion one way or other .
and then
it may push back to 87 level by Friday close to REFLECT IRAN case and Weekend NO Open short policy in WAR news days .
weigh-in if you have view/opinion one way or other .
short 8734
<b>Confidence, Trust </b>
http://www.sfgate.com/business/bloo...ers-Amid-War-Games-and-Escalating-3681426.php
1/ âTo come to agreement, there need to be confidence- building measures and an atmosphere of trust which is two- sided,â Iran Foreign Ministry spokesman Ramin Mehmanparast said today at a briefing in Tehran. âIt is necessary that our rights are recognized and respected.â
2/ The P5+1 negotiators have said they want Iran to stop 20 percent-enrichment work, shut down its mountainside Fordo atomic facility and ship out stockpiled 20 percent-enriched nuclear materials. Iran has said it wants recognition of its right to enrich uranium, a lifting of sanctions and increased atomic- technology transfer and a regional-security accord.
3/ A central issue in the negotiations is whether Iran will stop producing 20 percent-enriched uranium, a level of purity a step short of bomb grade, and move current stockpiles out of the country to show that it isnât seeking the capability to produce atomic weapons.
Western powers contend Iran is hiding a nuclear-weapons program, and the U.S. and Israel have declined to discount the possibility of military strikes against its atomic installations.
<b>4/ âThe pressure track is our primary focus now, and we believe the economic sanctions are bringing Iran to the table,â U.S. Secretary of State Hillary Clinton said in a June 30 interview with Bloomberg Radio in Geneva. âThey are going to continue to increase and cause economic difficulties for them.â </b>
http://www.sfgate.com/business/bloo...ers-Amid-War-Games-and-Escalating-3681426.php
1/ âTo come to agreement, there need to be confidence- building measures and an atmosphere of trust which is two- sided,â Iran Foreign Ministry spokesman Ramin Mehmanparast said today at a briefing in Tehran. âIt is necessary that our rights are recognized and respected.â
2/ The P5+1 negotiators have said they want Iran to stop 20 percent-enrichment work, shut down its mountainside Fordo atomic facility and ship out stockpiled 20 percent-enriched nuclear materials. Iran has said it wants recognition of its right to enrich uranium, a lifting of sanctions and increased atomic- technology transfer and a regional-security accord.
3/ A central issue in the negotiations is whether Iran will stop producing 20 percent-enriched uranium, a level of purity a step short of bomb grade, and move current stockpiles out of the country to show that it isnât seeking the capability to produce atomic weapons.
Western powers contend Iran is hiding a nuclear-weapons program, and the U.S. and Israel have declined to discount the possibility of military strikes against its atomic installations.
<b>4/ âThe pressure track is our primary focus now, and we believe the economic sanctions are bringing Iran to the table,â U.S. Secretary of State Hillary Clinton said in a June 30 interview with Bloomberg Radio in Geneva. âThey are going to continue to increase and cause economic difficulties for them.â </b>
in reality ,irans use of a strike would start world war III,irans lack of protection would allow the middle east to slowly get gobbled up with major oil, super power backed ,entrenchment,the passive faced move of the oil companies and their military backers can.t afford aggressive action to blow there cover,so iran calling there bluff and advancing along defense lines is more likely,suffering sanctions along the way
90-91 squeeze may be next week .
it may be hard to push to 90-91 (today/tomorrow ) given EURO big drop unless
- there is further WAR escalation news
OR
- EURO Recoup all the DROP .
we never know , let us see ..
it may be hard to push to 90-91 (today/tomorrow ) given EURO big drop unless
- there is further WAR escalation news
OR
- EURO Recoup all the DROP .
we never know , let us see ..