[DickP]

In fact on Friday, the same day that Ashton and Clinton expressed "cautious optimism" over a resumption of P5+1 talks, the Brussels-based Society for Worldwide Interbank Financial Telecommunication, or SWIFT network, "bowed to international pressure," Reuters reported, "and said it was ready to block Iranian banks from using its network to transfer money."

So much for "confidence building" measures ahead of negotiations!

Washington's latest move to strangle the Iranian economy, follow efforts by the U.S. and EU to enact crippling sanctions that would punish countries and financial institutions if they do not cut-off purchases of Iranian oil.

However, the Associated Press reported last week, "American attempts to get major Asian importers of Iranian oil to rein in their purchases are faltering as allies South Korea and Japan give U.S. officials a polite brushoff."

"Emerging giants India and China may even increase their purchases," AP disclosed.

Indeed, as a close ally of Tehran "China has also dug its heels in--in fact, far deeper than either South Korea or Japan. Beijing turned a blind eye to efforts by American Treasury Secretary Timothy Geithner to get it to cut back on Iranian imports during a January visit."

http://www.globalresearch.ca/index.p...t=va&aid=29402

So Iran has two options, to DIE economically or give in to negotiations and give up their ability for creating the bomb.

Meanwhile exports of oil from Iran will undoubtedly stall either way, so get ready for $5 gas in the USA probably before the summer.

[EU_TRADER]

Yea, this is a pretty big step toward war with Iran...

SWIFT is not a government run organization but was obviously pressured into cutting of Iran, so now Iran can't get paid and will wither on the vine or so the Americans hope.

I personally think they will lash out and fight it somehow, I pray for no more terror strikes.

[Dannyfx]

We've been sanctioning Iran like this for years, you really think this will instigate them to a war? And to what end?

[EuroBoy]

A war with Iran will only end badly

[Jj4u]

The world seems to be cutting off Iran from their money for oil, too bad they are the 4th largest exporter of oil in the world and will disrupt the world's economy for years to come, waror not

[Torch87]

Did you figure that the world has been embargoing Iran for 25 years, trying to strangle it economically? 25 years!

It's time for Iran to get some payback, and they're going to sell Oil in ALL CURRENCIES!

[trade_forx]

Did cutting of IRAN from Swift do a god damn thing?

[DickP]

Did cutting of IRAN from Swift do a god damn thing?

Nope, Europe is still keeping their oil import deals on the table... I doubt we'll ever go to war with Iran. BUT I think America and the west in general is doing its darndest to make them go to war with us, knowing we'd destroy them...

Gotta love it...

[skynet]

Gee that war with Iran is really intensifying...

NOT