Trending Topics
|
Source: http://www.washingtontimes.com/news/2010/jul/22/hitting-tehran-in-the-tank/
Hitting Tehran in the Tank
(Washington Times) Editorial - A task force report released this week by the American Foreign Policy Council entitled "Toward An Economic Warfare Strategy Against Iran" lays out some of the potential measures short of war that could push Tehran towards a peaceful solution. The task force concludes that the U.S. needs to "marshal a comprehensive economic warfare strategy toward the Islamic Republic - one that leverages the latent vulnerabilities inherent in the Iranian economy to ratchet up the cost of the regime's nuclear endeavor." The Comprehensive Iran Sanctions, Accountability and Divestment Act, signed into law on July 1, has taken special aim at Iran's gasoline sector. The act authorizes sanctions "on any entity that provides, or helps Iran obtain, refined petroleum, including suppliers, shippers, banks, insurance and reinsurance companies, as well as companies that supply equipment to Iran that could be used to expand or construct oil refineries." The task force also recommends comprehensive programs targeting Iranian pipelines, financial services, international trade, promoting divestment and export controls.