As the United States, Britain, Germany and France threaten Iran with sanctions over its nuclear program, Iran can at least count support from its loyal friend, Venezuela. Al Jazeera quoted Chavez as stating, “We are certain that Iran, as it has shown, will not back down in its effort to obtain what is a sovereign […]
Here is an update on some of the stories I have previously blogged on: 1) Iran’s Role in the Latin America (July 30) The Iranian lawmakers have questioned the $280 million loan given to Bolivia. Their disapproval arises due to the Article 80 of the Iranian Constitution, which states that the Parliament must first approve […]
The recent loan of $280 million given to Bolivia by the Iranian government serves as another example of Iran’s growing influence in Latin America. This loan is given to Bolivia in addition to 1.1 billion Euros that Iran pledged in August 2007 to invest in Bolivian agriculture, industry, energy and humanitarian affairs. Many leftists regimes […]
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