And AmeriKa has the gall to call itself a compassionate, caring country!
"U.S. Sanctions Force World Bank to Halt Some Iran Aid" by STEVEN R. WEISMAN
WASHINGTON, Nov. 3 — The World Bank, newly caught up in the Bush administration’s campaign against Iran, has had to suspend payments for earthquake relief, sanitation and other projects there in response to new American sanctions on leading Iranian banks, World Bank officials say.
$5.4 million in payments has been suspended for four projects, involving earthquake relief, water and sanitation, environment management and urban housing.
The World Bank step, while small, illustrates the extraordinary reach of American sanctions, even though they were imposed unilaterally.... Western diplomats, citing official information circulating in Europe and the United States, say that most major banks in Europe have ceased working or are winding down their business with [Iran].
In addition, the diplomats said the Dutch, French, Italian and German governments had begun reducing their state credits promoting trade with Iran. The Bush administration, however, is pressing them to do more."
