As European Union members try to salvage the P5+1 nuclear deal with
Iran, a big obstacle has been providing sanctions relief promised under
the deal. To circumvent US threats, the EU has established a clearing
house called INSTEX to allow trade with Iran without dealing with the
banks, who are too afraid of the US to finance any deals.
Israel is bound and determined to kill the deal, however, which has led
to an Israeli NGO sing the European Union over INSTEX, and trying to claim all Iranian assets in it, if any, should belong to Israelis who US courts have awarded Iranian assets to.
Seizing Iranian assets in Europe based on US court rulings, as part of
an effort to undermine EU attempts to save a nuclear deal with Iran is
clearly problematic, and the EU is likely to object to such an attempt
to legally impose US policy on them.
That may not matter, however, as suing the EU over INSTEX might just be a
cynical way to tie that newly launched system up in court, and convince
companies that the assets within INSTEX aren’t secure, and subject to
being looted in lawsuits.
Our “special friend” at it again. Won’t Bolton, Pompeo and Nikki be proud!
Israel is the root case of ALL Middle Eastern problems.
Why did the Ottoman empire have the same problems before Israel even was a state .
JDo is talking about the present day. What “same” problems are you talking about? In any case, the Ottoman Empire was run by the Turks, not Arabs running their own affairs, so if you’re saying the Ottomans had the same problem as Israelis occupying Arabs, sure, I guess you have a point, but it’s not the one you thought you were making.
I am finally convinced that this is true.
How are U.S. court rulings going to impact the EU, wouldn’t the rulings have to be in the World Court to have any standing? This is absurd on the face of it. If this has any standing then why couldn’t Iranian court ruings be used to steal U.S. assets. Theater of the absurd.
I don’t understand on what basis the courts have awarded Iranian assets to Israel anyway.
Israel’s # 1 goal: To get the US to destroy Iran for them.
No way, buddy, we’re sick and tired of fighting useless unending wars for that shitty little entity in the ME. Let Israel fight its own war on Iran .. That will put an end to the Zionist Entity. Iran has missiles that can land right on the Dimona Nuclear Facility’s nuclear/thermonuclear stockpile.
But those missiles can’t carry nuclear bombs yet . I don’t blame Israel for not wanting Iran or Iraq from getting Nuclear bombs ever . I would think everybody would be against a culture that loves death ever getting nuclear bombs .
Listen Up … Israel is the ROGUE nuclear bomb State. Iran is in compliance and has every right to enrich uranium. Israel has over 200 nukes and the delivery capacity to hit Washington DC. Nuclear blackmail.
yes Iran has every right to enrich uranium . And Israel has good reasons to stop Iran from enriching uranium because Iran claims they will eliminate Israel . I suppose you think Iran and the Palestinians are just joking when they say they will drive Israel into the sea .
AIPAC TROLL …
“Iran claims they will eliminate Israel”.Debunked. Years. Ago. Iran has not invaded another nation in CENTURIES. Iran would never “eliminate” Palestine because JERUSALEM is the THIRD HOLIEST SITE in Islam. And because there is a FATWA on WMDs. You idiots always want to have it both ways: claim the Iranians are fanatic and fundamentalist and then ignoring what rigid aherents to Islam actually BELIEVE. If Iran were to do (never mind whether it could, which it can’t), actually do, the thing the US and Israel keep saying it wants to do (projecting), their government would be taken down by its people in days or else it would be invaded and overrun in weeks by surrounding Islamic neighbours for the greatest blasphemy imaginable of destroying a Holy Site. What do you think would happen if the KSA were to decalre no-one was allowed to make a Hajj to Mecca? There would be neverending protests and ultimately bloodshed. It amazes me that something so basic which completely undermines this “Iran wants to nuke Israel” bullshit narrative has to my knowledge never been uttered in the English language press. Even an Oxford-educated double doctorate Sufi Muslim friend of mine in London never thought of it till I mentioned it to him recently.
Sadly, Trump has surrounded himself Nixon neoCON warmongers. Just like the rest, he talks peace and will deliver war, for Israel. Screw the whole bunch of them.
Israel certainly can fight its own war I don’t recall any foreign country ever fighting alongside the Jews side . When Israel thought IRAQ had WMD they attacked Iraq and destroyed their weapons in a few hours and went home . They will do this to Iran to if they think it is necessary .
They didn’t fight a war with Iraq and they won’t fight a war with Iran.
I don’t know what universe you live in, but it’s not the same one the rest of have lived in for the last forty years. You’re thinking of the Osirak reactor they illegally destroyed (vandalized) with no consequences and then went home, as opposed to the two or three wars other countries fought with Iraq which they supported but stayed out of, similar to the vicious assassinations of innocent Iranian scientists they have carried out in recent years without consequences or even media discussion (unlike the Russians’ possible liquidation of an enemy or an ex-double agent, which, while immoral if true, might make some sense from their point of view. The people the Israelis regularly kill pose no threat to them and never have). I recall Bush Sr. specifically saying Israel needed to stay out of it lest it escalate into something bigger and regional. Your memory is as iffy and your punctuation.
Yes Eileen, we are, but the people in power don’t feel the same way.
a.i.p.a.c. the cancer in the U.S. government.
Don’t worry, once Israel and the crazy Christian Zionists drive us to war in the Persian Gulf and 30% of the world’s oil disappears, the ensuing price rise will bring on a global financial collapse that will turn Israel’s silly lawsuit, and probably Israel itself, into a quaint footnote in the history of dumb moves.
So there is a silver lining?
INSTEX is a joke. None of the EU companies will deal with Iran because they are afraid of being hit with sanctions by the US directly. The bank sanctions are irrelevant because the US can sanction companies individually. INSTEX can do nothing to override this.
And the EU knows it. Which is why this whole sham is a joke. The EU isn’t really interested in risking anything with the US. but is merely making a show of being “diplomatic” while knowing the JCPOA is dead as a door nail. In the end the EU couldn’t care less about Iran and is merely avoiding the blame for starting the Iran war, leaving the blame to fall on the US and Israel.
Everyone is just going through the motions over the JCPOA while the neocons are moving ahead with plans to blockade all Iranian oil shipments, thus forcing Iran to close the Straits of Hormuz, which will start the war.
Exactly what I am thinking too.