STOCK MARKET WATCH -- Friday, 16 March 2012

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50. 5 Signs That A War With Iran Is Close

http://www.businessinsider.com/5-signs-that-a-war-in-iran-is-close-2012-3



The clock is ticking closer to the midnight hour regarding a strike in Iran. Israel might do it alone, but will likely have the backing of the US.

Is a war imminent, or are these moves just meant to scare Iran? Here are 5 signs that have piled up very recently.

1. SWIFT Cuts Iran Off: The international institution responsible for around 80% of the world’s financial transactions announced that it will cut off Iranian financial institutions from its system from Saturday. This unprecedented move is a big blow to Iran, and follows up on EU sanctions.
2. Majority in Israeli cabinet for strike: Israeli newspaper Maariv (Hebrew link, quote in English) by Ben Caspit saying that 8 out of 14 Israeli cabinet members now support a strike on Iran’s nuclear facilities. The cabinet can give Prime Minister Netanyahu the green light for a strike, at the time he sees fit.
#3 Netanyahu preparing Israeli public: The Israeli Prime Minister continues the tough rhetoric against Iran also after coming back from his long visit in the US. Analysts see this as a preparation of the Israeli public for a war.

Read more: http://www.forexcrunch.com/5-signs-that-a-war-in-iran-is-close-34677/#ixzz1pI3V5BHU