WASHINGTONIAN DC, U.S.A. - In a dramatic move which was apparently contrary to his desire, US President Barack Obama on Saturday signed into law tough new sanctions against Iran targeting the country's Central Bank and financial sector in a bid to administer an economic coup de grace against Iran.Foreign firms are now to make a choice between doing business with the Iranian financial sector and Central Bank or the US economy and financial sector.
In signing the bill, Obama harbored some secret fear that such an act would skyrocket the oil prices and that it would be terminally detrimental to the ailing economy of Washington as well as to global economy.- Needles to say, such a measure was encouraged and propelled by the warmongers in the White House and the powerful Zionist lobby.
- The UN Security Council has already imposed four rounds of sanctions against Iran for 33 years, inflicting adverse damage on the economy albeit with no determining impact on the political approach of the country.
However, decades of anti-Iran US-engineered sanctions have failed to stall the progress of the Islamic country which is moving towards self-sufficiency in all economic spheres. Therefore, Washington officials have been ill advised in believing that by slapping more sanctions on Iran, they will be able to bring to knees a nation who adheres to their ideology of no submission. - In a show of prodigious naval prowess, Iran launched a ten-day military drill codenamed Velayat 90 and successfully test-fired indigenous missiles e.g. a surface-to-sea Qader cruise missile, a shorter range Nasr and later, a surface-to-surface Nour missile and other warefares.
Despite Washington's claim that the naval exercises were a distracter from the US sanctions, they were in fact carried out under the prudent instructions of the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei, who had ordered Iranian Armed Forces to be on alert and thwart any potential threat in view of the anti-Iran war rhetoric the US hawks have renewed in recent weeks.
In a military brinkmanship, Iran has announced that it will block the Strait of Hormuz if oil sanctions are imposed on the country. Navy Commander Rear Admiral Habibollah Sayyari said that closing the Strait of Hormuz is "as easy as drinking water for Iranian naval forces,” and that "we would close it if need be."
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