Thursday, January 21, 2010

Investors.com - Sanctions On Iran Are Just A Gas

Investors.com - Sanctions On Iran Are Just A Gas: "Nuclear Terrorism: As Germany threatens Iran with more sanctions, a German firm reportedly is providing dozens of turbo-compressors for Iran's massive gas reserves. And you thought Tehran couldn't laugh louder.

German Chancellor Angela Merkel, with Israeli Prime Minister Benjamin Netanyahu at her side in Berlin on Monday, warned that her country 'has made clear that if Iran's reaction does not change' regarding its nuclear program, 'we will be working on a comprehensive package of sanctions.'

With China's opposition blocking more United Nations sanctions, Merkel said, 'Germany will take part in sanctions with other countries that are pursuing the same goal.'"

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