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August 16, 2015

Europe Is Salivating Over Business With Iran [CBD]

It's money. It has always been about money. But at least they have a clear reason to throw Israel under the bus.

The lifting of sanctions on Iran, a market of 80 million consumers (the second-largest market in the Middle East after Turkey in terms of GDP) creates the potential for staggering business opportunities.

Iranian officials say that investments of $185 billion are required in the oil and gas sector alone during the next five years. The mining sector requires $29 billion between now and 2025. Iran hopes to triple the number of cars manufactured in the country to three million a year by 2025.

Sanctions will also be lifted on Supreme Leader Ali Khamenei's $95 billion business empire, as well as on Iran's Islamic Revolutionary Guard Corps, which operates a vast network of companies and industries.

No wonder that European media outlets are referring to Iran as the "new El Dorado," the "chance of a century," and the "last untapped market."

What's our rationale? Oh yes....Obama's legacy! And let us not forget his lapdog Kerry. He too wants to be known as the man who caused the first nuclear war brought peace to the Middle East.

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posted by Open Blogger at 11:42 AM

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