Sword Of The Lord With Electronic Edge

Monday, May 16, 2011

Iran: War or Privatization: All Out War or "Economic Conquest"?

Iran: War or Privatization: All Out War or "Economic Conquest"?: "Is the war against Iran on hold?

Tehran is to allow foreign investors, in what might be interpreted as an overture to the West, to acquire full ownership of Iran's State enterprises in the context of a far-reaching 'free market' style privatization program.

With the price of crude oil at 140 dollars a barrel, the Iranian State is not in a financial straightjacket as in the case of most indebted developing countries, obliged by their creditors to sell their State assets to pay off a mounting external debt.

What are the political motivations behind this measure? And why Now?

Several Western companies have already been approached. Tehran will allow foreign capital 'to purchase unlimited shares of state-run enterprises which are in the"

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