World War 3: USA Backs Iran in to a Corner

World War 3: USA Backs Iran in to a Corner

World War 3: USA Backs Iran in to a Corner

The USA has set in motion a series of sanctions that will give Iran 2 choices, surrender or fight.

One of the demands seems ludicrous, the removal of troops that are in Syria fighting ISIS, how that one made the list is anyone’s guess but it would seem the White House remains hellbent on an illegitimate regime change.

Iran will struggle to “keep its economy alive” after the US applies “unprecedented financial pressure” on Tehran, Secretary of State Mike Pompeo vowed on Monday.

The US has said it could impose sanctions on European companies doing business in Iran, which prompted the EU to announce it would use a blocking statute to protect its companies against such sanctions.

“Thanks to our colleagues at the Department of Treasury, sanctions are going back in full effect and new ones are coming … These will indeed end up being the strongest sanctions in history,” Pompeo said.

He warned that “the sting of sanctions will be painful” and Iran will struggle to “keep its economy alive” if Tehran “does not change its course from the unacceptable and unproductive path it has chosen.”

Hezbollah made the hit list with the secretary of state also pledged that the US “will track down Iranian operatives and their Hezbollah proxies operating around the world, and we will crush them. Iran will never again have carte blanche to dominate the Middle East.”

Pompeo’s list of “basic requirements” for Iran also demands that it “release all US citizens,” end support for Houthi rebels in Yemen, stop “enrichment” of uranium, and promise never to process plutonium. Iran must also allow “unqualified access to all nuclear sites throughout the country,” Pompeo said.

Pompeo also said he’s sure that over time, Washington’s allies will warm to the Trump administration’s now unpopular stance on Iran.

As Brussels aims to circumnavigate US sanctions against EU companies doing business with Iran, former European Commission Vice President Guenter Verheugen told RT that America still “has the bigger stick.”

Verheugen told RT’s Sophie Shevardnadze on the SophieCo show that European companies are essentially backed into a corner when they consider the economic benefits they receive by doing business with the US, versus Iran.

“I’m afraid that the Americans have the bigger stick here,” said Verheugen. “If you were a European company or a German carmaker, for instance, and if you look at the figures, what kind of business you do in Iran, what kind of business you do in the United States, you have not much choice, and you will decide not to invest in Iran, you will continue to invest and make business in the US.”

And when it comes to the idea that Europe could compensate any firms hit by US sanctions – a notion floated by French Economy Minister Bruno Le Maire on Sunday – Verheugen says that’s just talk. “If the European Union really promises to compensate for all the losses, I can promise you, that goes far beyond the financial capacities of the European Union,” he insisted.

“So I’m really afraid that the American policy of taking hostage other nations and companies can be successful in the end,” he said. And, as tensions rise between the US and the EU, Verheugen says the situation could end badly.

“…We need to tell our American friends that until now, the EU-US axis was a guarantor for peace and stability, not only in Europe but in other regions as well,” he said. “If that axis disappears, we will have more tensions and conflicts, the world will come closer to the final conflict and nobody, even Mr. [US President Donald] Trump, can really want it.”

The relationship between the two powers, according to the former European Commission vice president, needs to be redefined. “I wouldn’t use the term enemy, but it’s obvious that the partnership between the United States and the European Union is entering a new age,” he said.

It’s absolutely necessary, according to Verheugen, to prevent the US and Europe from being in “different camps,” though he admits “it’s going to be difficult.”

Verheugen’s comments come after Trump pulled out of the landmark Iran nuclear deal earlier this month, despite Washington’s biggest allies – the UK, Germany, and France – urging him not to do so.

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S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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