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February 18th, 2012 
FAKE NEWS for the Zionist agenda SWIFT READY TO BLOCK IRANIAN BANK TRANSACTIONS
February 18th, 2012
When I studied International Relations in college, we were taught that economic sanctions could be on par with, “Rockets and bombs,” as one professor put it, and potentially much worse. Questions about economic sanctions amounting to collective punishment and other violations of International Law are ignored by the perpetrators. These types of policies resulted in a holocaust in Iraq.
The only conclusion that I can draw from the news below is that the decision has already been made to militarily engage Iran and this is an attempt to cause Iran to lash out first. In the event that Iran doesn’t strike first, a false flag incident could be fabricated easily.
If SWIFT actually pulls the plug, I’d consider the fuse to be lit. Also, if SWIFT does it before 20 March, this is probably the real reason:
Last week, the Tehran Times noted that the Iranian oil bourse will start trading oil in currencies other than the dollar from March 20. This long-planned move is part of President Mahmoud Ahmadinejad’s vision of economic war with the west.
“The dispute over Iran’s nuclear programme is nothing more than a convenient excuse for the US to use threats to protect the ‘reserve currency’ status of the dollar,� the newspaper, which calls itself the voice of the Islamic Revolution, said.
Via: Reuters:
Belgium-based SWIFT, which provides banks with a system for moving funds around the world, bowed to international pressure on Friday and said it was ready to block Iranian banks from using its network to transfer money.
Expelling Iranian banks from the Society for Worldwide Interbank Financial Telecommunication would shut down Tehran’s main avenue to doing business with the rest of the world – an outcome the West believes is crucial to curbing Iran’s nuclear ambitions.
SWIFT, which has never cut off a country before, has been closely following efforts in the United States and the European Union to develop new sanctions targeting Iran that would directly affect EU-based financial institutions.
The United States and EU have already moved to sanction Iran’s central bank.
“SWIFT stands ready to act and discontinue its services to sanctioned Iranian financial institutions as soon as it has clarity on EU legislation currently being drafted,” the company said in an emailed statement.
The United States has been pushing the European Union to force SWIFT to evict the Iranian firms but it was unclear whether the EU would reach an agreement.
For one, SWIFT’s home country, Belgium, does not think the global banking firm should be the only company of its kind required to comply with sanctions.
The Obama administration said it welcomed SWIFT’s intention to stop transactions involving designated Iranian banks. “We will continue to be in contact with our EU partners to urge action on this issue,” a U.S. Treasury official said.
SWIFT, with headquarters just outside the Belgian capital Brussels, is vital to international money flows, exchanging an average 18 million payment messages per day between banks and other financial institutions in 210 countries.
Research Credit: GP
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