You can read 19 more articles this month
DONALD TRUMP tweets that, in demanding that Iran’s trading partners fall in line with his renewed sanctions regime, he is “asking for WORLD PEACE, nothing less!”
If the US president truly believed that, then his allies would have cause for concluding he has lost all grip on reality.
He doesn’t believe it, of course. Trump is merely trying to put a positive spin on the sordid reality that he is intent on bullying the world, including Washington’s closest allies, into accepting abandonment of the Iran nuclear deal.
Signatories to the Joint Comprehensive Plan of Action, including Britain, Germany and France, confirm their ongoing formal adherence to the deal, citing a European Union blocking statute to protect EU-based companies.
But the US president’s warning that “anyone doing business with Iran will NOT be doing business with the United States” trumps the EU statute.
Major German transnational corporation Daimler, which includes Mercedes-Benz, has already run up the white flag in fear of losing its luxury car sales in the US and has end its joint venture investment in Iran.
Other major companies with appreciable US markets can be expected to do likewise.
Russia and China are likely to step up their links with Iran, at the very least preventing Tehran’s banking and hydrocarbon sectors from collapsing, but the latest US sanctions-linked crisis will probably have two outcomes.
The first is a further decline in Iranian working people’s living standards and the second a downturn in the widespread popular protests against capitalist austerity, for human rights and democracy.
Far from weakening the theocratic regime, Trump’s unilateral action will strengthen it by stimulating national unity in the face of an outside threat.
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by joining the 501 club.
Just £5 a month gives you the opportunity to win one of 17 prizes, from £25 to the £501 jackpot.
By becoming a 501 Club member you are helping the Morning Star cover its printing, distribution and staff costs — help keep our paper thriving by joining!
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by become a member of the People’s Printing Press Society.
The Morning Star is a readers’ co-operative, which means you can become an owner of the paper too by buying shares in the society.
Shares are £1 each — though unlike capitalist firms, each shareholder has an equal say. Money from shares contributes directly to keep our paper thriving.
Some union branches have taken out shares of over £500 and individuals over £100.
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by donating to the Fighting Fund.
The Morning Star is unique, as a lone socialist voice in a sea of corporate media. We offer a platform for those who would otherwise never be listened to, coverage of stories that would otherwise be buried.
The rich don’t like us, and they don’t advertise with us, so we rely on you, our readers and friends. With a regular donation to our monthly Fighting Fund, we can continue to thumb our noses at the fat cats and tell truth to power.
Donate today and make a regular contribution.