Friday, January 20, 2006

Indications and Warnings - Iran

Iran is moving its foreign currency reserves out of European banks as a pre-emptive measure against any possible U.N. sanctions over its nuclear program, the Central Bank Governor said Friday.

Ebrahim Sheibani told reporters that Iran has started transferring the foreign currency reserves from European banks to an undisclosed location, the semiofficial Iranian Students News Agency reported.
This means one of two things:

1) Iran wants everyone to think they are willing to go the whole way.
2) Iran is willing to go the whole way.

History is one cold b1t(h.
Oh, I love the phrase "..semiofficial Iranian Students News Agency.." Kind of like "..semiofficially pregnant.."

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