Sent: Thursday, January 19, 2012 9:12 PM
Subject: jyi # 53A Women Rule The World
jewsyonkersislam# 53A Women Rule The World
jyi # 53A Women Rule The World
The feminine (x), through the collective feminine (all the x-es in women [xx] and men [xy]), rules the world. But the feminine, woman, does so through men. When men are not being men, but -like today- ever-lazier, irresponsible, effeminate and emasculated, you can bet that the collective feminine is at work. Both reacting against such and causing it to worsen -by making women try to become men and making more men and women "become" gays, lesbians, bisexuals, transgenders and worse- for its own purposes.. The GLAAD... group (along with ALL men and women, to a greater or lesser degree) can well be termed -in today's politically correct terms- sexual-identity challenged.
Below is a continuation of a sub-series on my blog (jewsyonkersislamiii-tc. blogspot.com)
subtitled : Collapse of the world ?
Further below are comments on today's news and some articles, AS I HAVE EDITED THEM , including some excerpts from my journal, my blog or my musings of more than a few years ago. And a critique of today's news
Collapse of the world ? Iran vs. the world ? ; A Minute Closer to Doomsday ; Capitalism in Crisis ? ; CAN CREDIT RATING AGENCIES BE TRUSTED ? ; Democrats...fools in Wisconsin ; Developed countries are no longer safe havens ; North Korea's leader will not last long ; S&P wrong on Germany (it should have been downgraded) ; what will you do when social security runs out ? ; US vets "act out", PTSD, kill others ; MTA Union boss (a chunky and overweight guy) cancels talks
1-19-12
OH MY GOODNESS. IN FITS AND STARTS THE WORLD SEEMS TO BE BECOMING MORE ACCEPTING OF WHAT I'VE BEEN SAYING FOR YEARS
New York Times (NYT), A4, A7, B1 A top Russian opposition leader just met with a top Orthodox church leader which could well lead to a better Russia. Hedge Funds may sue Greece in the European Court of Human Rights if it tries to force them to cut what they are owed by 50 %. Russia -which is selling arms to Syria- says Western support for Arab revolts could lead to a "Big War", especially involving Syria, Iran..., and "catastrophic" results. As I see it, such -and resulting unintended consequences- are in the works either way.
NYT, A13, B3 "Proposed oil pipeline" is pushed by the brain-dead Republicans at the behest of the oil, gas, coal...companies - and I think such is disgusting. We need to stop using oil, gas and coal if we want to survive. Solar power is the best alternative worldwide. We must STOP using oil, gas, coal - at once. The oil... companies will not suffer as they own solar power. But the human race will suffer more and more every day if we continue (this morning one of my sons and I had a spirited discussion on this matter - of course I try not to push, letting the facts [see my blog] speak for themselves). "Goldman's profit falls but beats expectations" ? Absolutely ridiculous. The "profits" were less than in 2008 when the collapse started. Just like during the Great Depression of the 1930s the newsmedia continue to push feel-good print nonsense. The "IMF seeks $500 billion more to lend as it puts out an anti-growth forecast" warning of likely calamities very soon. Germany and the US have already nixed lending any more money to the IMF... Who wants to lend, to throw good money after bad. Who has any money to lend anyhow ? The tap is running dry with feminist-faggot nonsense and rot. Feminist-faggot, shallow, selfish stability (nor am I putting it down, just noting the time for it is not today) is pushing the human race ever closer to near-term extinction. Not only the US, the European Union, China...are collapsing, but Brazil, India, Turkey....as well. This "escalation of crises will spare no one" and it will be far worse than in 2008 or the 1930s. "Europe... is in deep trouble".
Journal News (JN), 1A, NYT, A? Cutbacks "to (NYS) courts slow cases, cost litigants, hurt poor". As I see it, the US legal system has become an anchor around the neck of all Americans -the rest of the human race as well- and it needs the deepest kind of reform. So this can only help. "Jewish Intellectual History" ? Good stuff, Baruch Spinoza, Martin Buber... "Personal belief (which is always contextual and -like meaning and the human conscious mind- limited), ritual acts (Confucius observed that rituals must be "appropriated" to fit the conditions of the day) and the purpose of continued Jewish (human, as well) existence" are matters to be pondered and acted on in favor of survival in all cases. Our "approach to change, challenge and the modern world" must be in accordance with what I have noted in my blog. We need "hope in an uncertain world", but such will only come if we have adequate common goals, something feminist-faggot rot denies us. "Faith (language), meaning and identity" are all related, parts of each other. Reform Judaism is too feminist-faggot today, Haredi can be too brain-dead and the other branches are misinformed and/or lost - like the rest of the human race.
MY JOURNAL/BLOG
PERFORMANCES (voluntary and involuntary)....THE HEALING POWER OF THEATER
"WISDOM OF THE FOOL" Developing rationality is like developing a civilization (secondary processes) - there are always some who desire (or are compelled, sometimes by accidents) to return to the uncivilized and irrational (primary process). The fool is empty-headed, dull-witted, feeble-minded, lacks understanding, is different from normal men, is inarticulate or babbles incoherently, is given to boisterous merrymaking, does not recognize codes of propriety, loves to mock others, acts like a child, has natural simplicity or innocence of heart, is "helpless" and thus cared for by others and granted license for irreverent and irresponsible words and actions (great artists, scientists and geniuses too), lives happily in and for the moment,... There are authentic/genuine/natural fools (including Traumatic Brain Injury [TBI] survivors like myself) and artificial/professional ones.
The coincidence of knowledge and ignorance is most profound in a fool. Of course knowledge of our ignorance is knowledge as well. "Paradox" really speaks to a man's limited human conscious mind and is all about man's limitations. "Folly" is a woman (xx) yet is all-wise (cyclical and unlimited) - an oxymoron. Asking others what it means to be a fool shows "Folly" is universal (the collective feminine), necessary and desirable (responsible for all advance). To be a man (limited human conscious mind) is no less than "to (necessarily) play the fool". The humility of and in ignorance is the simple knowledge to be drawn from experience and faith. The Fool turns things upside down, seeing both sides of any issue - which is also known as the "technique of reversal". The fool makes radical reappraisals of common assumptions (which is what language is all about), man-made institutions (like governments, sciences, religions... all limited like their limited creators, human beings), false learning (in truth, all learning is "false" because it is always limited) and perversions of will (like today's feminist-faggot rot) that corrupt (and further limit) men. If one is "wise enough", he can "play the fool". A wise man knows he is a fool. Human wisdom is shown to be foolish by the fool - as well as by the actual circumstances of the day, such as today.
(MTA Union boss) pulled the plug on the session at 4 p.m. — shortly after its scheduled start.
The MTA has hinged any raises to the union accepting cost-saving measures and work-rule changes that would offset the pay hikes. (UNIONS NATIONWIDE, PENSIONERS...ARE ALL GOING TO HAVE TO TAKE LESS SO THEY SHOULD GET WISE)
..............
The contract between the MTA and 34,000 bus and subway workers expired midnight Sunday.
"You're going to see this more and more over the next 10 years," said Shad Meshad, founder of the National Veterans Foundation, who has been working with veterans since 1970. "... There's a percentage that come back, depending on how much trauma and how much killing they're involved in, they're going to act out."
Got a calendar handy -- one that goes to the year 2036? It might sound crazy to schedule for an event that is set to take place in 24 years, but you should go ahead and do just that.
That's because the year 2036 will be monumental in the fiscal landscape of the nation -- it's when Social Security's much-discussed Trust Fund is estimated to run out of money. When that happens, it's anticipated Social Security benefits will have to be cut by about a quarter.
That spells trouble for men who are 56 or younger and women about 59 or younger. If you are below those ages, Social Security's actuarial table expects you to still be alive when 2036 comes around -- putting you at risk of getting hit by that benefit cut.
Jan 18, 2012
S&P wrong on Germany
By Peter Morici
Standard & Poor's was correct to downgrade the credit ratings of France and seven other eurozone governments, but wrong to affirm Germany's AAA status. The euro will inevitably collapse and chaos will follow, endangering even the strongest governments.
Profligate government spending surely caused many problems now besieging French and Mediterranean governments, but
investors understand austerity alone won't save them from default and the costs of refinancing and insuring sovereign debt have risen significantly.
Slashing government spending and raising taxes are pushing the Club Med and French economies into deep recessions, and tax revenues will not be enough to meet deficit reduction goals. Only rapid improvements in exports (WHICH CANT HAPPEN AS THE REST OF THE WORLD IS ALSO COLLAPSING) could get those economies going, but proposed labor market reforms will not improve competitiveness quickly enough. And those reforms will be tough to implement with unemployment above 10% or 20%.
Sooner or later, Greeks, Spaniards, and Italians will ask, if the euro is supposed to boost prosperity why are wages falling, taxes rising and unemployment so high? Political upheavals will usher in governments promising to quit the euro and remark sovereign debt to reinstituted national currencies . Capital flight and exchange rate depreciation will follow, imposing huge losses on creditors - European sovereign bonds, as valued in dollar or yen, will fall dramatically. (CIVIL WAR WILL OCCUR IN THE NEAR FUTURE ESCALATING TO INTERNATIONAL WARS AS PEOPLE LOOK FOR SOMEONE TO BLAME)
North Korea's leader will not last long, says Kim Jong-un's brother
Kim Jong-nam, eldest son of Kim Jong-il, describes succession as 'a joke' and predicts the regime will collapse in new book
The eldest son of North Korea's late leader Kim Jong-il has predicted the regime would soon fail, with or without reforms, according to a new book that the author says is based on emails and interviews with Kim Jong-nam.
The book says that Kim Jong-nam – who has never met the new leader, his half-brother Kim Jong-un – described the dynastic succession as "a joke to the outside world", and said even his father had originally opposed the hereditary transfer of power.
(Reuters) - The downgrade of much of Europe's credit ratings demonstrates in perhaps the bluntest terms so far the collapse of any lingering -- if lazy -- assumptions that developed states are somehow "safer" than emerging counterparts.
In the years to come, investors may make much harder-nosed assessments of how much to lend Western nations and how cheaply to do it, scrutinizing their economics, demographics and particularly politics much more sharply.
The long-term financial and geopolitical implications may be massive, making it harder for the world's richest states to find the funds to bail out other countries or their own banks -- or to meet the ever growing cost of an ageing population. (TOUCHE' WE ARE RIGHT ROYALLY FUCKED, WORLDWIDE)
"The point here is that developed market countries are decreasingly creditworthy -- and the higher pension burden... suggest this will only get worse in coming decades," wrote Charles Robertson, chief economist of Renaissance Capital. "Emerging markets meanwhile (are) in a far healthier position and most emerging market countries seem on an upward direction over the long term." (NOT REALLY. WHO WILL BUY FROM THEM ?)
That growing belief itself, he says, accelerates the process (SELF-FULFILLING PROPHECY, VICIOUS CIRCLE...). With ever more pension funds and other investors allocating more to emerging market debt and less to the developed world, it could move ever faster. (LIKE TOTAL COLLAPSE THIS YEAR)
On Friday, ratings agency Standard and Poor's cut its ratings of nine euro zone countries, stripping France and Austria of their coveted AAA status, downgrading Italy to the same BBB + level as Kazakhstan. Portugal followed Greece in being relegated to "junk" status -- its BB rating the now same as that of the Philippines and Turkey -- although it remains well above Athens' dire CC, the worst of any rated state.
Asked why he signed a petition to recall Wisconsin governor Scott Walker, George Shiver, 55, emptied a bag of prescription medications onto the coffee table in his untidy Eau Claire apartment. “These are the drugs I take to stay alive every month (ARE MOST OF THEM REALLY NECESSARY - OR HELPFUL TO ANYONE BUT THE PHARMACEUTICAL COMPANIES WHO MAKE FORTUNES PEDDLING "LEGAL" DRUGS AND NARCOTICS ?),” says the single father of four, who is on disability, food stamps and Medicaid. In 2003, he says, doctors told him that a bout of influenza had caused a neurological disorder that routinely manifests itself in dizzying, seizure-like spells. He takes three medications for high cholesterol, (TOO FAT ?),one for his kidneys, morphine for back pain (DOES HE DO ANY KIND OF EXERCISE ?), Advair for severe asthma and an anti-depressant (DOES HE DO ANY KIND OF EXERCISE ?) he’s been on since his wife committed suicide in March of 2010 (WAS HE THE RASON WHY ? OR WAS SOCIETY ITSELF THE CAUSE ?). “If the governor has his way and keeps cutting things,” Shiver says, “where will it not only leave me, but people like me in the future?” (THE WAY WE'RE GOING, WE'LL ALL BE DEAD RATHER SOON AS THE HUMAN RACE BECOMES EXTINCT)
In the 60-day window state law gives recall committees to gather enough signatures to force an election, Thursday evening marked Steve Shilts’ third sweep through Shiver’s low-income block (WELFARE, FOOD STAMPS, MEDICAID, BABIES HAVING BABIES, BOYS AND MEN SPENDING HALF THEIR LIVES BEHIND BARS, NOBODY PAYS -OR EVER PAID- A DIME IN TAXES...). The volunteer for United Wisconsin, the committee commanding the effort, handed a clipboard to Shiver, who gamely signed his name in support of ousting the governor, Lt. Gov. Rebecca Kleefisch and a local state senator, Terry Moulton, one of four Republican state senators targeted in the drive. Shilts and three other volunteers (FEMINIST-FAGGOT INCOMPETENTS AND LUNATICS, NONE WITH ANY ADEQUATE COMMON GOALS)) spent an hour on the block and gathered 15 signatures, which they would later submit to officials at United Wisconsin, who need signatures from 540,208 eligible voters to trigger a recall of governor Walker. On Tuesday, the deadline for filing the signatures, the group announced it had turned in more than 1 million names to the state’s Government Accountability Board, a show of political force for the Democrat- and union-backed movement (I SPIT ON SUCH LUNACY AND EXCESS) to make Walker just the third governor in U.S. history to be ousted from office in a recall election.
The reputational crisis of credit rating agencies is ongoing and is putting into question whether CRAs are playing a credible role in eurozone financial markets. The single currency crisis supports the proposition of scepticism on the credibility of CRAs, which did not properly disclose risks and therefore contributed to pushing the global financial system to the verge of collapse. Politicians across the European Union have called for restrictions on the role of CRAs in rating sovereign debt (BECAUSE THEY ARE HURTING ; WHEN THINGS WERE GOOD, THERE WERE NO PROBLEMS) and for increased regulation of the firms. In the United States, the credit rating agencies hide behind the First Amendment. Their legal argument is that they cannot be held accountable because they are merely issuing "opinions". The European Commission released an impact assessment with proposals on November 15, 2011, that would give supervisory authorities the power to temporarily prevent the issuing of ratings on countries in "a crisis situation". This would also provide investors with a framework to take legal action against agencies, if they infringe intentionally or with gross negligence on their obligations. (TOTALITARIANISM BY THE BACK DOOR ?)
Capitalism in Crisis – the Apologia (CAPITALISM IS NOT "IN CRISIS" BUT THE LACK OF ADEQUATE COMMON GOALS -BECAUSE OF FEMINIST-FAGGOT ROT- IS A MASSIVE CRISIS)
The Financial Times recently launched a series of articles on “Capitalism in Crisis”. As we enter the fourth year of the global banking collapse and the long depression in real output for the major capitalist economies, the strategists of capital are trying to understand what went wrong with capitalism and what to do about it. (WE HAVE NO ADEQUATE COMMON GOALS FOR THE WHOLE HUMAN RACE, PRIMARILY SURVIVAL SO THAT WE CAN WORK TO THRIVE AND BE AND BECOME CONTENT) They realise that confidence in the capitalist mode of production has plummeted, whether that is expressed in the global “we are the 99% campaign” or in the opposition of many Greeks to the austerity packages of the IMF – according to a recent poll, around one in three Greeks asked now want a social revolution (WHICH BECOMES A CIVIL...WAR).
BY MICHAEL ROBERT | JANUARY 13, 2012
................negative attitudes justified? ... depends on whether the current crisis is due to the nature of capitalism and on whether there are any solutions within the capitalist system. For Summers, the answer to the first question is no and to the second, yes. Surprise!
Summers admitted that the Great Recession has created such a level of unemployment that the hope of getting everybody who has lost a job or seeks one back into work over the next five years is low as “the economies of US or Europe are likely to be constrained for a long time”. But nevertheless, having admitted that we are in a long depression, he argues that this slump is not due to an “inherent flaw in capitalism”. It is due to what Keynes called a “magneto problem”, like a failure of a car part that can be fixed and then the car will spring back into life. Just give the current economic policies more time (BULLSHIT) and all our concerns wilL soon fade. It is unclear what these policies are that will work: is it fiscal stimulus or austerity?; printing money and bailing out the banks or not?
Summers knows that one in six Americans aged between 25 and 54 years are out of work while the top 0.1% have been living the good life. And, “unlike cyclical concerns (ie the recession), there is no obvious solution at hand”. But apparently, this is nothing to do with the failure of capitalist mode of production but due to problems “deep within the evolution of technology”. (NO THE REAL PROBLEM IS THE FALSE, FILTHY, SHALLOW, SELFISH... FEMINIST-FAGGOT WORLDVIEW THAT WE SUBSCRIBE TO WHICH HAS DESTROYED ALL ADEQUATE COMMON GOALS) You see, agriculture gave way to industry in the 19th century and as it did so, people lost their livelihoods in the transition and inequality rose. Then in 20th century, industry gave way to services and the same thing happened. Now in the 21st century, all the jobs and incomes are to be found in the sectors raising the quality of human capital, namely health (BULLSHIT), education (BULLSHIT) and housing (BULLSHIT) and not in goods (BULLSHIT) or other low-value services(BULLSHIT) . The problem is, says Summers, is that these jobs are found mainly in the public sector (THE WORST "SECTOR" OF ALL) and are not subject to the profit motive. Thus “in many of these new areas, the traditional case for market capitalism is weaker”. His conclusion is that we need to “shrink or at least slow the growth of the public sector (I TOTALLY AGREE)” to allow the provision of these services for profit (ADEQUATE COMMON GOALS FIRST). Summers implies that profitability is no longer good enough in the existing private sector and so, to save capitalism, we must destroy public services (CREATIVE DESTRUCTION, WHICH IS HAPPENING ANYHOW BUT IT AS YET HAS NO ADEQUATE COMMON GOALS) and marketise them. It’s not a good advert for the capitalist mode.
................. Led by the financial sector, capitalism has become “a cash cow for a global super elite”. Plender points out that this development is nothing new – indeed capitalism has an inherent tendency to increase inequality (see my post, 1% versus 99%, 21 Octovber 2011). But Plender is optimistic – at least in this current slump, we don’t have soup queues and degradation as we did in the 1930s (YET). Unemployment in the US may be near 9% officially or even 15% on fairer measures (TOUCHE'), but it is nowhere near 25% as in the Great Depression (YET). There’s thanks for small mercies!
What’s wrong with capitalism is not the capitalist mode of production for profit, says Plender, but the particular form it has taken with the dominance of the banking sector. ........... what Bain Capital did is nothing more than capitalism at work:(EVOLUTION : SURVIVAL OF THE FITTEST) the strong win and the weak fail. It is an illusion perpetuated by Keynes, echoed by Plender, that there is a capitalism that can operate without speculation and without ‘profiteering’ and thus deliver economic growth, jobs and incomes without inequality or slumps.
........................“capitalism is the worst form of economic management except for all those other forms that have been tried”. Or as Margaret Thatcher once said, “there is no alternative”.
............... And here we go again (BULLSHIT, WHETHER FROM AND ON THE LEFT OR THE RIGHT, IS STILL BULLSHIT - ALL FEMINIST-FAGGOT ROT)...............
..............that does not explain why there a regular cycles of boom and slump, whether companies are ‘controlled’ by their shareholders or not, whether they are multinational or not, or whether executives are overpaid or not. The private ownership of the means of production matters because, in the last analysis, the owners decide investment, employment and incomes paid to the top and the bottom. No top manager survives if he or she cannot deliver an increased dividend (or higher share price) to the shareholders and that means making higher profits. That is literally the bottom line.
.........................if everything was in state hands, there would be no personal freedoms. Thus Brittan invokes the alternative to capitalism with its ‘free personal choices’ against the model of stalinism and state authoritarianism. There are no other models, according to him. Yes, a few cooperatives might be more democratic, but that’s it.
To end his piece, Brittan tells us that he is shocked at the role of the financial sector and how its “activities could undermine the capitalist order”. Yet again, there is nothing wrong with the capitalist mode of production in its production sphere; it’s the monetary or financial sector that is flawed and causes instability and inequality. As if economic cycles of boom and slump and inequality did not exist before the financial sector became a hegemonic force in modern capitalism. So the answer, for Brittan, is international regulation of the financial sector and “the retention for quite a long time in public ownership of the banks and other institutions that have had to be rescued by government”. Thus the financial sector must remain under the ‘authoritarian’ grip of the dreaded state sector, but not the rest of ‘productive’ capitalism.
To sum up, Marx was wrong. Capitalism is the best of alternative systems of human organisation; and it has changed significantly since Marx criticised it. Unfortunately, some of those changes are for the worse (managers stealing profits; the finance sector undermining stability). Apparently, we can correct those flaws either by going back to 19th century capitalism where owners not managers ruled (Plender and Kay); or by having state control of the financial sector (Brittan); or by increasing the role of private sector in running public services for a profit (Summers). Not very convincing, is it?
A Minute Closer to Doomsday
By Manpreet Sethi
January 14, 2012
For the 20th time in the last 65 years, the Science and Security Board of the Bulletin of Atomic Scientists has readjusted the minute hand on the Doomsday Clock, which it has maintained since 1947. This clock is the symbol of how close the world is to a global disaster, especially nuclear Armageddon, since it reflects the scale and dimension of dangers facing the world as a result of human actions in nuclear and environmental dimensions.
The original purpose of the clock was to reflect only nuclear dangers, but in 2007 the criteria was adjusted to include the risks confronting mankind from climate change. The closest mankind has ever been to disaster is two minutes to midnight in 1953, after the United States and Soviet Union tested their first thermonuclear devices, just nine months apart from one another. The farthest it has ever been from midnight is 17 minutes away, at the end of the Cold War when the danger of nuclear war was largely presumed to have faded.
Since 2010, the Bulletin had maintained the hand at 6 minutes to midnight owing to a general shift in mood toward the reduction of nuclear arsenals in the run up to the NPT Review Conference. However, much of that momentum has since faded, and little progress has been made on arms control or nuclear confidence building. Instead, the news has been dominated by the inability of the U.S. and Russia to find common ground on ballistic missile defense, the lack of nuclear transparency from China, the growing dangers posed by an unstable Pakistan, and concerns over nuclear safety after the nuclear incident at Fukushima last March.
In light of all this, it’s hardly surprising that the justification for moving the clock up by a minute is based on the assessment that “world leaders” have failed to realize the promise of addressing global threats. Even on climate change, the Board concluded that the global community was fast moving towards “a point of no return in efforts to prevent catastrophe from changes in Earth’s atmosphere.”
The adjustment of the hand on the Doomsday Clock is meant to draw attention to the dangers that lie in accepting the status quo, and this action can be translated into something meaningful, or simply disregarded by watching governments.
The issues of nuclear energy, proliferation and disarmament are more closely interlinked to one another – and to climate change – than we have acknowledged in the past. Actions in one dimension have intended and unintended consequences for others. It’s time that the whole be viewed more holistically if we wish to see the hand of the Doomsday Clock shifted backwards, and significantly so.
international Crisis Group's Asia Briefings 2012
The International Crisis Group is pleased has announced its next Asia Briefings, taking place in Singapore and Jakarta on 21 and 23 February 2012.
These exclusive, one-day summits offer members of the business and diplomatic communities the opportunity to interact with Crisis Group President Louise Arbour and senior analysts working in Jakarta, Beijing, Seoul, Bangkok and elsewhere across Asia on political developments and security risks in the region. This year’s events will examine concerns related to political polarisation in Thailand, China’s policy towards South East Asia, reform underway in Myanmar and countering extremism in Asia, among other key topics.
(Reuters) - Walk softly. Global growth looks to be smoothly downshifting as China slows, the U.S. economy firms (LIKE HELL IT DOES), and troubled Europe, at least for now (TOMORROW), avoids a messy crash.
Ratings downgrades on nine euro zone countries by Standard & Poor's late Friday - including France, Italy and Spain - sent a shiver through financial markets. But the move was long telegraphed, likely limiting any spillover.
A global economy slowing only gently (FAT CHANCE) would be an immense relief after a fraught end to 2011, but it is far from guaranteed.
Greek debt talks could collapse next week in a tussle over the size of losses banks should face. Tensions over Iran's nuclear program continue to threaten oil markets. And U.S. data last week showed surprisingly weak retail sales and a rise in jobless claims, a reminder that the U.S. recovery is not yet out of the woods.
Reuters) - Iran warned Gulf Arab neighbors on Sunday they would suffer consequences if they raised oil output to replace Iranian crude facing an international ban. (UNINTENDED CONSEQUENCES OF ALL KINDS, TO IRAN AND EVERYBODY ELSE)
In signs of Tehran's deepening isolation over its refusal to halt nuclear activity that could yield atomic bombs, China's premier was in Saudi Arabia probing for greater access to its huge oil and gas reserves and Britain voiced confidence a once hesitant European Union would soon ban oil imports from Iran.
Major importers of Iranian oil were long loath to embargo the lifeblood of Iran's economy because of fears this would send oil prices rocketing at a time - amidst debt and deficit crises and high unemployment - when they could least afford it.
But strong momentum for oil sanctions has been created by a U.N. watchdog report saying Iran appeared to have worked on designing an atom bomb.
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