Netanyahu to Biden “Only credible Military threat will stop Iran
HALIFAX, Canada — The United States faces a possible war with Iran to curb its nuclear ambitions and a “period of confrontation” with China over its currency, a top US lawmaker warned Saturday.
Republican Senator Lindsey Graham said his fellow conservative, fresh from their historic elections romp this week, support “bold” action to deal with Iran.
If President Barack Obama “decides to be tough with Iran beyond sanctions, I think he is going to feel a lot of Republican support for the idea that we cannot let Iran develop a nuclear weapon,” he told the Halifax International Security Forum.
“The last thing America wants is another military conflict, but the last thing the world needs is a nuclear-armed Iran… Containment is off the table.”
The South Carolina Republican saw the United States going to war with the Islamic republic “not to just neutralize their nuclear program, but to sink their navy, destroy their air force and deliver a decisive blow to the Revolutionary Guard, in other words neuter that regime.”
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Graham also warned of a forthcoming “period of confrontation” with China over its “cheating” currency manipulation.
US and European lawmakers have called for a stronger Chinese currency as their economies struggle to recover from the global financial crisis. US lawmakers claim the yuan is grossly undervalued and causes global trade imbalances.
Several countries ranging from Japan to Colombia have intervened in recent weeks to make their currencies cheaper in the hope of exporting their way out of the downturn, fueling fears of a global currency war.
Currency tensions boiled over at the recent annual meetings of the International Monetary Fund in Washington, with China rejecting calls for a quick revaluation.
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