Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts
Thursday, July 1, 2010
Obama grows into commander-in-chief role
Today's White House ceremony marking the signing of new economic sanctions against Iran illustrates the recognition by U.S. President Barack Obama that his well-meaning leftist ideology does not always translate well to international affairs. The kind of world Obama envisioned when he spoke so hopefully in Cairo just after taking office in 2009 is not the kind we have. Iran has not responded forthrightly to U.S. efforts to convince Tehran to abandon nuclear weapons development and, instead, has threatened the United States and its allies -- notably Israel. Iran denies trying to develop nuclear weapons and insists its program is for peaceful purposes. But Tehran has lied before and, given the tense relations between Iran and the United States almost continuously since the violent 1979 revolution that replaced the U.S.-backed Shah of Iran with an Islamic government, could reasonably be expected to do so again. Previous rounds of sanctions imposed by Western nations have not been effective in getting Iran to honestly discuss its nuclear ambitions. Obama's endorsement of further sanctions -- this time, expected to restrict Tehran's import of oil for domestic purposes and severely penalize private companies that enable Iran to get around them -- indicates that he, too, is frustrated by the lack of progress and convinced of the need to take determined action short of outright war. "There should be no doubt -- the United States and the international community are determined to prevent Iran from acquiring nuclear weapons," Obama said at the signing of the Comprehensive Iran Sanctions, Accountability, and Divestment Act. "With these sanctions -- along with others -- we are striking at the heart of the Iranian government's ability to fund and develop its nuclear programs. We are showing the Iranian government that its actions have consequences." Iran has already starting feeling the effects of the newly toughened sanctions, Reuters said. French oil giant Total announced it would stop selling refined fuel to Tehran and Spain's Repsol withdrew from a contract to help develop Iran's South Pars gas field in the Persian Gulf, the news service said.
Labels:
allies,
Barack Obama,
economic sanctions,
Iran,
Islamic revolution,
oil,
Repsol,
Reuters,
Shah of Iran,
South Pars,
Tehran,
Total,
United States,
White House
Friday, February 26, 2010
Colombia's peaceful transition demonstrates commitment to democracy
Anybody still harboring doubts about the strength of South America's commitment to democracy -- perfectly understandable, in light of recent political events -- should take heart from Colombia's presidential transition. We're speaking, of course, of Friday's decision by Colombian President Alvaro Uribe to withdraw from the next presidential election after the country's highest court ruled out last-minute efforts to make him eligible for a third term. The two-term incumbent's unexpected departure from the race makes former Finance Minister Juan Manuel Santos the front runner in the election in May, according to the Reuters international news service. Uribe bowed out of the race graciously after the ruling in a region known for tumultuous politics. "I accept and I respect the decision of the Constitutional Court," Uribe said after the ruling. "One dream inspires me: that the country betters its path, but does not change it." Uribe still enjoys wide popularity in Colombia, where he championed a crackdown on Marxist rebels and cocaine traffickers, and helped the country evolved from a failed narco state into one with a robust economy. Success against the rebels led to increased foreign investment and economic growth, Reuters said, and Colombia became the strongest supporter of the United States in a region that has seen anti-U.S. leaders come to power in nearby Venezuela, Bolivia and Ecuador. Colombia is now Latin America's largest coffee exporter and No. 4 oil exporter, Reuters said. Santos is expected to continue Uribe's policies, but faces a tough campaign against Medellin Mayor Sergio Fajardo and former defense minister Noemi Sanin.
Labels:
Bolivia,
cocaine,
coffee,
Colombia,
Ecuador,
Fajardo,
Latin America,
Marxist rebels,
Medellin,
oil,
Reuters,
Sanin,
Santos,
South America,
United States,
Uribe,
Venezuela
Subscribe to:
Posts (Atom)
