Why War with Iran is Imninent (or) Bomb, Bomb Iran
17 February 2008
US envoy sees Iran sanctions next week
The Herald Sun – February 22, 2008 8:54 pm – error message states no longer available
“We will succeed in shutting down Iran’s oil bours…. er. I mean, nuclear weapons program!” — Official White Horse Souse
Take a good look at the photo labeled “Heavy water plant.” That’s actually a set of refinery cracking towers. Heavy water plants, like uranium enrichment plants, consist of cascades of centrifuges. The lies just never stop coming. – M. R. – alternative news source
Well-funded special-interest groups have unbalanced our democratic system so what are we are we going to do now? Jurgen Habermas deduced that as capitalism developed, the uneven distribution of wealth & mass media would damage our public sphere. During the meeting of the World Trade Organization in Seattle, 1999, online activists mobilized protests against globalization in what came to be known as ‘the Battle in Seattle.” My son was involved in that protest almost ten years ago. Very naively, no one in my seemingly safe world understood what was going on there, nor did we even bother to find out. My extended family was unsympathetic when I mentioned my son was hit by a rubber bullet. He must have done something wrong. It is sad to me that only after returning to school I finally learned what that protest was all about. (Long after my son was killed in 2001. )
My hope now is that I can persuade my friends and loved ones before it is too late what these organizations are really about. The names they have taken upon themselves make them sound like official, trustworthy benefactors – World Bank (WB), International Monetary Fund (IMF) and the G8 – just the opposite of what they really are. They are individuals organized for the express purpose of making money off the most vulnerable people, those in developing countries. They have no more conscience than a loan shark.
http://www.battleinseattlemovie.com/video.html
Going back to Seattle, 1999 – what happened was many individuals & groups, using their genius, creativity, and knowledge of Internet media linked activists to mobilize real-world action, gaining widespread attention to the cause. Unfortunately, not my attention or that of anyone I knew. The website of the Independent Media Center helped powerless groups frame and disseminate their message, and at the same time, exercise leverage against a powerful international organization (WTO).
The Internet is our threatened public sphere, our modern, but vulnerable network for communicating information & points of view, an e-town hall. The public sphere Habermas observed was the coffee houses of Victorian England in the 18th Century. But he was able to deduce that “as capitalism developed, the uneven distribution of wealth and the emergence of mass media would extinguish the ability of citizens to have their voices heard, damaging the public sphere.” See zeitgeistmovie.com
The Internet is cheaper than the phone, it is easy to publish material either on the web or by email. Circulation is rapid, with global reach, available even in developing countries. New blogging software now allows anyone to become a publisher which is a great freedom. However, I no longer believe it is difficult to control or censor the Internet. As can been seen with cut internet cables and filters, governments will do anything when it suits their agenda.
Also see Petrodollar warfare, Petrobourse
The Iran Petroleum Exchange, International Oil Bourse[1] or Iranian_Oil_Bourse[2] (IOB; the official English language name is unclear) is a commodity exchange that IIranian ministries and other state and private institutions have announced they are creating. The IOB is a Petrobourse for petroleum, petrochemicals and gas in various non-dollar currencies, primarily the Iranian rial and a basket of other major currencies. The geographical location is at the Persian Gulf island of Kish which is designated by Iran as a free trade zone.[3].
The Iranian Oil Bourse was inaugurated on 17 February 2008. Mysteriously, undersea Internet cables were cut February 1, 2008 in an attempt to disrupt this inauguration.
See earlier blog: [Internet cables severed last week causing disruptions across the Middle East and parts of Asia, two undersea cables that were cut Jan. 30. They are about 5 miles off the north coast of Egypt, near the port city of Alexandria, and run between Egypt and Palermo, on the Italian island of Sicily. One of the two Mediterranean cables was owned by FLAG. The other, identified as SEA-ME-WE 4, or South East Asia-Middle East-West Europe 4 cable, was owned by a consortium of 16 international telecommunication companies. Egypt’s telecommunication ministry said no ships were registered near the location at the time. The cuts slowed businesses, hampered personal Internet usage and caused a flurry of Internet blogger speculation, including mentions of sabotage. Government authorities and FLAG, which stands for Fiber-Optic Link Around the Globe, have refused to comment on the speculation.]
Although opening an oil bourse has been delayed in the past 2 years, Iran has had success in asking its petroleum customers to pay in non-dollar currencies. On December 8, 2007, Iran reported to have converted all of its oil export payments to non-dollar currencies.
Background
The three current oil markets are all US dollar denominated: North America’s West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude. The two major oil bourses are the New York Mercantile Exchange (NYMEX) in New York City and the International_Petroleum_Exchange (IPE) in London. The proposed Iranian bourse would establish a fourth oil market, denominated by the Iranian rial, the euro and other major currencies.
Timeline
April 20th, 2007 Bomb, Bomb Iran
December 2007 Iran stops accepting U.S. dollars for oil. [19]
January 2008 Iran’s Finance Minister Davoud Danesh-Jafari told reporters that the bourse will be opened during the anniversary of the Islamic Revolution (February 1-11). [2].
February 2008 On February 4, the Iranian Cabinet approved the creation of the oil bourse in two stages – first a raw oil exchange and secondly an oil byproducts exchange. The Ministry of Finance and Economics, the Oil Ministry, the Ministry of Foreign Affairs, and the Central Bank of Iran are required to create a workgroup to coordinate the project, and the Iran Commodities Bourse Company is given the task of carrying out the project. The communique from the Cabinet states that the “Ministry of Finance and Economics is required to take measures in making the petrochemical byproducts bourse operational by the end of February 2008.” [20]
On February 17 2008, the Iranian Oil Bourse was inaugurated in a video conference ceremony from the capital Tehran attended by ministers of oil, finance and economic affairs as well as chairman of Iran’s Stock Exchange and a number of other officials and financial experts.[21] The transactions will be made in Iranian rial and other major currencies. [22] The Iranian Oil Bourse will likely accept Russian ruble as well.[23]
3-10-2008 Somebody thinks the conspiracy theories are dismissed because Tehran’s cut internet cables were quickly rerouted through Turkey. Sounds like a perfect plan to me. They are more accessible there than underwater. If the U.S. military only uses satellite for its internet, sounds like anything less should be considered unsecure.
- ^ KFZO MD: Investment in oil and gas in Kish is competitive and justified. Kish Free Zone Organization (2008-02-09). Retrieved on 2008-02-10.
- ^ a b Iran Oil Bourse to deal blow to dollar
- ^ Kish Oil Exchange Planned, Iran Daily, January 24, 2006
- ^ Iran stops selling oil in U.S. dollars -report, Reuters, December 7, 2007
- ^ The Iranian line in the sand, Dan Crawford, The Republic (Vancouver), August 18 to 31, 2005
- ^ A star rises in the east, Stella Farrington, April 2005
- ^ Speaking freely: What the Iran ‘nuclear issue’ is really about, Chris Cook, January 21, 2006, Asia Times/energybulletin.net
- ^ A frenzied Persian new year, March 22, 2006, Asia Times
- ^ Iran oil bourse next week, April 26, 2006, Iranian.ws
- ^ Ministry to offer IOB Articles of Association in two months, May 19, 2006, Mehr News Agency
- ^ Iranian Journel, building has been purchased and new date is September, accessed July 6 2006
- ^ Iran’s oil bourse to be launched, September 15, 2006, Mehr News Agency
- ^ Iran May Reduce Use of Dollar, Tehran Papers Say, December 6, 2006, Bloomberg
- ^ Press TV – Iran’s Baghdad embassy shifts to euro
- ^ China shifts to euros for Iran oil, The Scotsman, 27 March 2007
- ^ IRI to stop pricing oil in dollars, IRIB News, 31 March 2007
- ^ Iran asks Japan to pay in yen, not dollars for oil purchases, Tokyo, 14 July 2007, IRNA
- ^ UPI: “Analysis: Iran moves to ditch U.S. dollar”
- ^ RIA Novosti: Iran stops accepting U.S. dollars for oil. TEHRAN, December 8, 2007
- ^ The cabinet approves the opening of the International Oil Bourse. Kish Free Zone Organization (2008-02-04). Retrieved on 2008-02-07.
- ^ 1st phase of Iran oil stock inaugurated on Kish Island, IRNA Reports, Feb. 17, 2008
- ^ Oil bourse opens in Iran’s Kish Island Retrieved 17 February 2008
- ^ IIran Oil Bourse may use Russian ruble , Press TV Reports, Feb. 15, 2008
Literature
- Clark, William R.: Petrodollar Warfare : Oil, Iraq and the Future of the Dollar, New Society Publishers, 2005, ISBN 0-86571-514-9
External links
- Iran Oil Bourse to deal blow to dollar www.PressTV.ir, January 2008
- [1] Hysteria Over Iran and A New Cold War with Russia: Peak Oil, Petrocurrencies, and the Emerging Multi-Polar World, December 2006
- PetroTalk Portal for petro related Articles, Discussion, Links and more
- Iran oil bourse next week, Persian Journal, Apr 26, 2006
- Iran takes on west’s control of oil trading, The Guardian
- The Real Reasons Why Iran is the Next Target: The Emerging Euro-denominated International Oil Marker
- Petrodollar Warfare: Dollars, Euros and the Upcoming Iranian Oil Bourse
- The Proposed Iranian Oil Bourse
- Trading oil in euros – does it matter?
- Will the Iranian Oil Bourse Threaten the Dollar?
- Petrodollars and Nuclear Weapons Proliferation: Understanding the Planned Assault on Iran, Centre for Research on Globalization, February 10, 2006
- The Iranian line in the sand
- Petrodollar or Petroeuro? A new source of global conflict
- The Iranian Threat: The Bomb or the Euro?
- The Real Reasons Why Iran is the Next Target
- Strange ideas about the Iranian oil bourse (a counterpoint with countercounterpoints in comments…)
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Iranian Oil Bourse opening IOB will open amid hurdle:
- Unlike other bourses, the IOB relies on a peer-to-peer trading model, using the Internet. IOB has been in the works for several years and encountered many hurdles on the way, the last of which are severed underwater internet cables creating an Internet outage throughout the Middle East days before the IOB’s opening and prompting conspiracy theories. In recent years the US has outfitted some of its submarines with the capability to splice optical fiber underwater so these theories may not be far-fetched.
Having the world’s second largest oil reserves of 136 gigabarrels, Iran will likely extend its influence on financial markets when the IOB opens. Although under-reported by the media, this historical shift and its consequences should be watched closely.
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From: justforeignpolicy
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US/EU are threatening IAEA over Iran report:
“If the facts are at odds with the policy objectives of some people who are keen to impose further sanctions on Iran, that’s too bad,” the [IAEA] official added.
–Pressure on IAEA over Iran report
Thank you Hass for your comment & link:
Disagreements could delay Iran nuclear report: diplomats – Agence France Presse Feb 11 2008 http://uk.news.yahoo.com/afp/20080211/tpl-iran-nuclear-politics-iaea-b04fc5e.html
French Minister to IAEA Chief: Listen to the West- New York Sun February 13, 2008
http://www.nysun.com/article/71234
Rice tells nuke watchdog to butt out of Iran diplomacy – CNN Sept. 19 2007
http://edition.cnn.com/2007/WORLD/meast/09/19/rice.iran/index.html#cnnSTCText
IAEA denies internal row over Iran, condemns “hype” – Reuters, Tue Feb 12, 2008
http://www.reuters.com/article/topNews/idUSL1283850220080212
Iran clarifies bomb-grade uranium traces to IAEA Reuters, Tue Feb 12, 2008 http://www.reuters.com/article/reutersEdge/idUSL1226026220080212)
“Understandings of the Islamic Republic of Iran and the IAEA on the Modalities of Resolution of
the Outstanding Issues” INFCIRC/711 Date: 27 August 2007
http://www.iaea.org/Publications/Documents/Infcircs/2007/infcirc711.pdf
Nuclear Disclosures on Iran Unverified – Washington Post Friday, November 19, 2004
http://www.washingtonpost.com/ac2/wp-dyn/A61079-2004Nov18?language=printer
The Laptop: Relying on Computer, U.S. Seeks to Prove Iran’s Nuclear Aims – New York Times November 13, 2005
http://www.nytimes.com/2005/11/13/international/middleeast/13nukes.html?_r=1&pagewanted=print&oref=slogin
“Most U.S. tips fingering Iran false — envoys – No intelligence given U.N. since ‘02 led to big discoveries” Bob Drogin, Kim Murphy, Los Angeles Times Sunday, February 25, 2007
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/02/25/MNGGKOAR681.DTL&feed=rss.news
IAEA denies Iran blocked nuclear site visit – Reuters 11 May 2007
http://www.khaleejtimes.com/DisplayArticleNew.asp?xfile=data/theworld/2007/May/theworld_May343.xml§ion=theworld
“US Iran report branded dishonest” – BBC Thurs Sept 14 2006
http://news.bbc.co.uk/1/hi/world/middle_east/5346524.stm
“UN nuclear watchdog chief expresses concern about anti-Iran rhetoric from US” – IHT October 28, 2007.
http://www.iht.com/articles/ap/2007/10/28/america/NA-GEN-US-Iran.php
Rice attacks UN watchdog on Iran – BBC Wednesday, 19 September 2007
http://news.bbc.co.uk/2/hi/americas/7002371.stm
“Ever a ‘threat, never an atomic power, Iran points up challenges of nuclear technology” – by Charles Hanley, The Associated Press Monday, February 27, 2006
http://web.archive.org/web/20060310184337/http://www.canada.com/montrealgazette/news/story.html?id=8367e0e9-149b-4a1e-9c74-1a979bd3e325&k=72529
“Iran will have nuclear weapon in three years: Mossad” – Agence France Press Feb 5, 2008
http://afp.google.com/article/ALeqM5jQXlC9PbA5rxEyOvCoZTd7Xv-4xg
“Israel asks IAEA chief to step down” – Deccan Herald Saturday, November 17, 2007
http://www.deccanherald.com/Content/Nov172007/foreign2007111736227.asp?section=updatenews
Israel: IAEA’s report ‘unacceptable’ – Jerusalem Post Nov 16, 2007
http://www.jpost.com/servlet/Satellite?c=JPArticle&cid=1195127517568&pagename=JPost%2FJPArticle%2FShowFull
Implementation of the NPT Safeguards Agreement and relevant provisions of Security Council resolutions 1737 (2006) and 1747 (2007) in the Islamic Republic of Iran, GOV/2007/58 Date: 15 November 2007
http://www.campaigniran.org/casmii/files/15_11_
I agreed with you