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June 8, 2007       Share:    

Source: http://www.jpost.com/servlet/Satellite?cid=1180960627377&pagename=JPost%2FJPArticle%2FShowFull

Divest from Iran

[Jerusalem Post] Editorial - The G-8 foreign ministers, in a statement released on May 30, expressed their "profound concerns" over Iran's nuclear program and their "disappointment" over the failure to heed Security Council demands to end enrichment. But was there any sense that the democratic countries whose companies are directly and heavily invested in Iran - the same companies that California just voted to divest from - would do their part to stop Iran? Now is not the time for incrementalism. What is necessary is decisive action, with or without further resolutions. Iran's two biggest investors and refined oil suppliers are Western companies: France's Total and Netherlands-based Royal Dutch Shell. If these and other Western companies shut down their operations, it would quickly become clear that it is Iran, not the West, that will ultimately be forced to back down. The truth is, if sanctions are allowed to fail, the alternatives will get worse and worse, and all will lead inexorably - as did the rise of fascism in the last century - to an increasingly costly military confrontation.

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