Money maneuvers

Persian Journal:

The Iranian authorities and elite are busy transferring their bank accounts from Europe to Asia, or to Switzerland, whose territory is usually outside sanctions. These are multi-billion sums. Many analysts see this as Tehran's precaution ahead of a potential armed clash with the U.S. and its allies, which may take place if the attempt to settle the situation around Iran's nuclear program falls through.

...
There is a problem with this strategy, that the North Koreans are now very familiar with. The Asian banks still need to do business witht he west and they will freeze the accounts if the US threatens to put that bank on restrictions. Kim is still squelling after a Macoa bank froze his money when the US accused the bank of being a conduit for conterfeit notes produced by the Norks.

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