| 25.06.2012 - Dollar power: America is using the dollar to hurt Iran. Will it work? |
| America's chokehold on Iran’s oil trade is tightening. New sanctions that come into force on June 28th attempt to turn off Iran’s $95 billion-a-year oil trade, and stop the flow of funds into its nuclear programme. The way the rules work shows how controlling the dollar strengthens America’s grip. The way China has responded shows the limits of these efforts...............................................Full Article: Source |