by Michel Chossudovsky
Global Research, July 4, 2008
"Is the war on hold?
Tehran is to allow foreign investors, in what might be interpreted as an overture to the West, to acquire full ownership of Iran's State enterprises in the context of a far-reaching "free market" style privatization program.
The Iranian State is not in a financial straighjacket as in the case of most indebted developing countries. What are the political motivations underlying this measure?
Several Western companies have already been approached. Tehran will allow foreign capital "to purchase unlimited shares of state-run enterprises which are in the process of being sold off".
While Iran's privatization program was launched during the government of Mohammed Khatami in the late 1990s, the recent sell-off of shares in key state enterprises points to a new economic design. The underlying measure is far-reaching. It goes beyond the prevailing privatization framework applied in many developing countries within the American sphere of influence......
War and Financial Manipulation
The Bush administration has opted for an all out war on Iran in alliance with Israel, with a view to establishing an exclusive America's sphere of influence in the Middle East.
A US-Israel sponsored military operation directed against Iran, would largely backlash on the economic and financial interests of America's allies, including Germany, Italy, France, and Japan.
More broadly speaking, a war on Iran would hit corporate interests involved in the civilian economy as opposed to those more directly linked to the military industrial complex. It would undermine local and regional economies, the consumer manufacturing and services economy, the automobile industry, the airlines, the tourist and leisure economy, etc.
Moreover, an all out war feeds the profit driven agenda of global banking, including the institutional speculators in the energy market, the powerful Anglo-American oil giants and America's weapons producers, the big five defense contractors plus British Aerospace Systrems Corporation which play a major role in the formulation of US foreign policy and the Pentagon's military agenda, not to mention the gamut of mercenary companies and military contractors......
The pro-Israeli lobby in the US indirectly serves these powerful financial interests. In the current context, Israel is an ally with significant military capabilities which serves America's broader objective in the Middle East. Washington, however, has little concern for the security of Israel, which in the case of a war on Iran would be the first target of retaliatory military action by Tehran.
The broader US objective consists in establishing, through military and economic means, an exclusive US sphere of influence throughout the Middle East."
Global Research, July 4, 2008
"Is the war on hold?
Tehran is to allow foreign investors, in what might be interpreted as an overture to the West, to acquire full ownership of Iran's State enterprises in the context of a far-reaching "free market" style privatization program.
The Iranian State is not in a financial straighjacket as in the case of most indebted developing countries. What are the political motivations underlying this measure?
Several Western companies have already been approached. Tehran will allow foreign capital "to purchase unlimited shares of state-run enterprises which are in the process of being sold off".
While Iran's privatization program was launched during the government of Mohammed Khatami in the late 1990s, the recent sell-off of shares in key state enterprises points to a new economic design. The underlying measure is far-reaching. It goes beyond the prevailing privatization framework applied in many developing countries within the American sphere of influence......
War and Financial Manipulation
The Bush administration has opted for an all out war on Iran in alliance with Israel, with a view to establishing an exclusive America's sphere of influence in the Middle East.
A US-Israel sponsored military operation directed against Iran, would largely backlash on the economic and financial interests of America's allies, including Germany, Italy, France, and Japan.
More broadly speaking, a war on Iran would hit corporate interests involved in the civilian economy as opposed to those more directly linked to the military industrial complex. It would undermine local and regional economies, the consumer manufacturing and services economy, the automobile industry, the airlines, the tourist and leisure economy, etc.
Moreover, an all out war feeds the profit driven agenda of global banking, including the institutional speculators in the energy market, the powerful Anglo-American oil giants and America's weapons producers, the big five defense contractors plus British Aerospace Systrems Corporation which play a major role in the formulation of US foreign policy and the Pentagon's military agenda, not to mention the gamut of mercenary companies and military contractors......
The pro-Israeli lobby in the US indirectly serves these powerful financial interests. In the current context, Israel is an ally with significant military capabilities which serves America's broader objective in the Middle East. Washington, however, has little concern for the security of Israel, which in the case of a war on Iran would be the first target of retaliatory military action by Tehran.
The broader US objective consists in establishing, through military and economic means, an exclusive US sphere of influence throughout the Middle East."
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