Surviving Capitalism (Not) : Currency Warfare: What are the Real Targets of the E.U. Oil Embargo against Iran?

We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Tuesday, January 31, 2012

Currency Warfare: What are the Real Targets of the E.U. Oil Embargo against Iran?

Click here to access article by Mahdi Darius Nazemroaya from Strategic Culture Foundation.

This Canadian author in my opinion is one of the best independent international journalists. In this very informative report he helps us untangle the complications of the latest dangerous moves by the Empire to destabilize Iran.

...the Iranians originally wanted to turn to the euro and a petro-euro system with the hope that the competition between the American dollar and the euro would make the European Union an Iranian ally and de-link the E.U from the United States. As political tensions have mounted with the E.U., the petro-euro has become less and less alluring for Tehran. Iran has realized that the European Union is submissive to U.S. interests under corrupt leaders. Thus, to a lesser extent Iran has also tried to move away from the euro too.