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Kuwait Freezes Iran's Assets
By Micah Halpern

Saturday November 13, 2010

I've Been Thinking:

Kuwait has frozen all of Iran's assets.

This is a huge boon for those trying to impose sanctions on Iran. Getting Kuwait to join that group will empower other, less secure countries, to join the move to implement sanctions against Iran and to freeze Iran's accounts.

Kuwait may be a tiny little country, but the policies of Kuwait pack a punch.

Iran has always relied on the anti-Western feelings that permeate the Middle East. Combining that reliance with the intrinsic Middle East nature of not rocking the boat had Iran believing that her neighbors will not seriously join the sanctions.

Kuwait has changed that dynamic.

In this case, Iran overplayed its hand. Iran is now more and more isolated, not just from the West, but also from Middle East neighbors.

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4 June 2017 12:13 PM in Thoughts


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