Iran Moving Forex Assets From Europe - 500 Beiträge pro Seite

[nachtschatten]

das embargo steht ja wohl kurz vor tür - auswirkungen auf die republik bzw europa, hat jemand ahnung?



Ctrl Bk Head: Iran Moving Forex Assets From Europe-Report


TEHRAN (AP)--Iran is moving its foreign exchange reserves out of European banks as a protection against any possible U.N. sanctions over its nuclear program, the Central Bank Governor said Friday.

Ebrahim Sheibani told reporters that Iran began withdrawing its foreign exchange reserves from European banks and transferring them to an undisclosed location, the semiofficial Iranian Students News Agency reported.

Iran is facing possible referral to the U.N. Security Council for possible economic sanctions for its refusal to give up its uranium enrichment program.

European powers have drafted a resolution that calls for referring Iran to the Council, but stops short of asking for imposition of punitive measures against Iran. The International Atomic Energy, the U.N. nuclear watchdog, will meet Feb. 2 to discuss the draft.

Iran`s assets in the U.S. were frozen shortly after the 1979 revolution that toppled the pro-Western Shah Mohammad Reza Pahlavi and installed a clerical regime.




DJ US Sen Bayh Seeks Ban On Gasoline Exports To Iran -Fox

NEW YORK (Dow Jones)--U.S. Sen. Evan Bayh, D-Ind., said Thursday he will introduce a resolution calling for a series of measures against Iran, including a ban on gasoline exports to the country.

Bayh, speaking on Fox News Channel`s "Fox and Friends," said in addition to a ban on gasoline, his resolution will seek to cut all U.S. diplomatic ties with Iran, prohibit Iran from involvement in international events and withdraw U.S. support for Iran`s introduction to the World Trade Organization.

Bayh said he will introduce the resolution to the Senate Friday.

The senator, who is a member of the Banking, Housing and Urban Affairs committee, said the measures are necessary to convince Iran it cannot continue with its nuclear activities.

Although Iran is the second biggest oil producer within OPEC, it is a major importer of gasoline. According to estimates, the country needs to import as much as 100,000 barrels of gasoline a day to meet domestic demand for the refined product.

"We need tough action now, including economic sanctions, cultural sanctions, cutting off their supply of gasoline, armed sales, those kind of things, to convince the radical leaders of Iran that nuclear weapons are something they just cannot have," Bayh said.

"I just came back from the region and it is increasingly clear that Iran presents a real menace not only to the national security interests of the United States but to the rest of the civilized world as well," Bayh said. "They are the foremost sponsor of terrorism in the world."

[big_mac]

der Iran hat Erfahrung mit eingefrorenen Konten.
Ist ja schon anlässlich der Botschaftsbesetzung vorgekommen.

Man muß die Konten JETZT SOFORT sperren - sonst ist es zu spät !

[derdieschnautzelangsamvollhat]

1,


nichts ist so alt, wie die News von gestern.

[webmaxx]

"20.01.06, 14:23 Uhr |
Der Iran transferiert nach Informationen eines hochrangigen Regierungsvertreters seine Anlagen aus Europa „zu anderen ausländischen Banken“.
Weitere Informationen

Der Vertreter bestätigte damit am Freitag der Nachrichtenagentur Reuters Spekulationen, die Islamische Republik habe als Schutz vor möglichen internationalen Sanktionen mit einer Umschichtung seines in Europa angelegten Vermögens begonnen.

Das Land wolle damit verhindern, dass europäische Staaten mit dem Einfrieren seiner Werte Druck im Konflikt um das iranische Atomprogramm ausüben können, hatte es geheißen.
" FOCUS

[nachtschatten]

das ist dafür brandaktuell


DJ Iran Reserve Decision Could Involve Up To $50B - Analysts

FRANKFURT (AP)--Iran`s statements that it has started transferring its foreign currency reserves out of Europe could affect as much as $50 billion in deposits, analysts estimated Friday.

The country, mindful of the freezing of its U.S. assets after the 1979 seizure of the U.S. Embassy in Tehran, said Friday it had begun transferring its reserves from European banks to an undisclosed location.

"We transfer the foreign exchange reserves to wherever we deem fit," Iran Central Bank Governor Sheibani was quoted by the semiofficial Iranian Students News Agency as saying. "We have begun transferring. We are doing that."

Most analysts viewed the move as signaling Iran`s fears of U.N. sanctions over its increasingly criticized decision to restart its nuclear program.

Sheibani would not say how much money was involved. The country doesn`t publish its foreign currency reserve figures.

Three different analysts who did not want to be identified because the delicate nature of the information estimated that the figure was $40 billion-$50 billion, while a fourth said it was more likely to be between $25 billion-$30 billion.

Steve Barrow, a fixed income strategist at Bear Stearns in London, said it was extremely difficult to estimate how much money was involved in the move. He said the latest International Monetary Fund data indicated that Iran holds around $35-$40 billion in overseas assets.

"But the problem really for the market is knowing where it might be. Obviously, the authorities have spoken about repatriating and taking money out of Europe, which probably suggests they have always been wary of holding assets in the U.S," Barrow said.

"But just because you invest with European banks doesn`t mean you can`t hold U.S. assets. Just as with any other central bank or monetary authority, you don`t find out what proportion of foreign currencies they hold."

Several large European banks, including Germany`s Deutsche Bank AG (DB) and France`s BNP Paribas SA (13110.FR), declined to comment.

Spokesmen for the Russian central bank were not available Friday evening and no one was answering phones at Vnesheconombank, Russia`s state-owned foreign banking arm.

Peter Westin, chief economist for Moscow investment bank MDM Bank, said that Iran`s good relations with Moscow made it a possible destination for Iran`s foreign currency reserves. "In that sense Russia is a good option," he said.

Lee Johnson, a spokeswoman for London-based central bank subsidiary Moscow Narodny Bank, declined to comment on the reports.

Currency traders said a key effect, and question, remained where Iran would send the money and if they would change the composition of its holdings from dollars and euros to something else.

Most said it was difficult to gauge what sort of effect it would have on the European banking sector or if it would lead to a domino effect with other Middle Eastern countries doing the same in a bid to undermine countries deemed anti-Middle East.

Another question loomed as to where the money would go. Asia and the Middle East seemed likely, but if the U.N. issued sanctions against Iran those countries would be bound by them.

The decision caused few ripples in currency trading Friday, with most traders saying the news had already been factored into the market.

Barrow said it would be an issue for markets if up to $35 billion-$40 billion in overseas assets was returned quickly to Iran, "but we probably won`t know until after we see the markets move."

Monica Fan, a currency strategist with RBC Capital Markets, said investment by Russia and China had helped to keep a damper on concerns.

"Russia and China have a vested interest to ensure that Iran can still produce oil, and that reduces the risk that this will result in an escalation of tension," she said. "A lot of the research about recycling petrodollars has also been pure speculation."


(END) Dow Jones Newswires