that was asia times correspondent pepe escobar and while some fear what the new well war new year will bring when it comes to foreign policy many of course are using this time to set those new year's resolutions and some are ready to get rid of last year's dirty laundry so what would you ban in two thousand and twelve laurie harshness takes that question to the streets of the big apple. two thousand and twelve is now arriving what would you rid the world of in the new year this week let's talk about that i think wall street protest because it doesn't really help anything at all if you ask me i'm a business student is my fifth year in college and i just i don't know what the point is i understand what they're fighting for and i grieve for but for me i'm like you just taking up space i would probably be. gambling. in the world be a better place without those things yeah i think it would be lots of benefits yeah i agree i think a lot of people would protest though oh i have no doubt a lot of people would protest definitely including the government because they are acts of much money out o

this has implications other fresh sanctions against iran we're joined now by pepe escobar columnist for the times who's joining us live from bangkok thanks for being with us so we have another round of sanctions at all embargo in particular what if it will come from this. it's a macro economic war you know i said nobody ever lost money betting on the foolishness of european union politicos in fact it's another stake in the grave of its elite spain and greece top five markets of oil exports for iran for our in asia defeatists it but spain in greece else a very important so why are they going to do people are going to set up a third country bank accounts or make payments through third banks india for instance india peace for you around them oil in a turkish bank this is something that this spanier city tallinn's and the greeks could easily do they will bypass because they need iranian oil just like u.s. allies japan and south korea they ask exemptions from the twelve minutes station they will get it because they need it's ten percent of south korea then percent of those imports of farina

stationed in the area maintains that it won't tolerate any hindrance of passage times correspondent pepe escobar says new sanctions against iran will hurt the global economic recovery. can imagine israel was the other way around these sanctions were against american exports of oil or if this sanctions or against the.

are stationed in the area maintains that it won't tolerate any passage is a time correspondent pepe escobarsays sanctions against iran will hurt the global economic completely. you can imagine if he was the other way around if the sanctions were against american exports all boil or.

rate any hindrance of path to asia times correspondent pepe escobar says new sanctions against iran willhurt the global economic recovery. can imagine if it was the other way around if the sanctions were against american exports of oil or if this sanctions or against china freezes assuming china.

the area and maintains that it won't tolerate any hindrance of path to asia times correspondent pepe escobar says new sanctions against iran will hurt the global economic recovery. can you imagine if it was the other way around if the sanctions were against american exports of oil or if this is or against china for its assuming china you know main source of of of foreign exchange for china will be to export energy it is an act of war this ng is how you're going to implemented and who's going to respect that we need europeans like you know the french foreign ministry pathetically he's saying you know look we have to curb our imports of your own oil what's going to happen to the european economy if that happens you know oil is now it's at one hundred eighth a barrel so it's going to be one hundred trainee and in one month could be one hundred forty one hundred fifty and you want to recover the economies of the u.s. and europe as well with oil at one hundred fifty is not going to happen and it's totally counterproductive. law and amendments and the way it's going to be interpreted by the obama

troops into syria but this is the move could ingolf the entire region asia times correspondent pepe escobar says the arab league is not made to pointed by democracy in syria as a group itself mostly consists of oppressive monarchy. don't forget that all these regimes are doctor sees that the local populations have no possibility at all for political expression some of them their own populations like in the keys of the rate seventy percent shiite population they are treated as second rate citizens and now we have the persian gulf monarchies trying to teach the world lessons on the markets like the home sink the whole scheme is sampson literally absolute starts with so can we imagine if we had what we seen in syria inside easter saudi arabia for it's. all because no calls for democracy no calls for deposing the government like qatar is a nowadays imagine not not only imagine look at what happened sobering sister beginning of the pro-democracy protests in manama almost a year ago the repression was total with help from saudi arabia and the emirates so the same persian gulf monarchies were sayi

in the area and maintains that it won't tolerate any hindrance of passage times correspondent pepe escobar says new sanctions against iran will hurt the global economy economic recovery. you can imagine is it was the other way around this.

a few times correspondent pepe escobar points out that the arab league itself mostly consists of oppressive monarchy so the pressure on syria has got nothing to do with worries about democracy. don't forget that all these rejean sorrow doctor sees that the local populations have no possibility at all for that sicko expression some of them their own populations like in the case of the rate seventy percent shiite population they're treated as second rate citizens and now we have the persian gulf water peace trying to teach the world lessons on the mockers like the whole sink the whole scheme is sampson lukey upsurge to starts with so can we imagine if we had what we seen in syria inside easter saudi arabia for it's. all because no calls for democracy no calls for deposing the government like qatar is saying nowadays imagine not not only imagine look at what happened sobering since the beginning of the pro-democracy protests in manama almost a year ago there were oppression was total would help from saudi arabia and the emirates so the same persian gulf monarchies were are saying now to the wo

but for more on those with asia times correspondent pepe escobar who joins us live via broadband from bangkok thanks for being with us. political prisoners are leaving their cells in syria but the arab league still wants to discuss intervention how realistic a scenario is that as you see it. you know it's very complicated because when we talk about the arab league nowadays this means the g.c.c. the gulf cooperation council six countries the person gulf monarchies led by saudi arabia we also got dark away to the emirates the problem is inside the g.c.c. there is a consensus this is a total clash between the persian gulf monarchies against arab secular republicans it was the keys with libya it's the case with syria as well older members of the arab league i'm not so sure even to nea's you saying that if there is and it and the arab league corded needed intervention in syria this could be a horrible business because they know about the possible repercussions in egypt is not say anything about it as well so the coffee inside the arab league is not a conflict at all it's a sort of agenda i

policy what's in store for two thousand and twelve to discuss a range of foreign policy issues pepe escobar joins us now from the studio and york nice to see you. well in the breakout it's a days of the iran test firing a cruise missile is this another sign of rising tension and a step toward war with iran well two thousand and twelve is going to be a really really hard core either it's brinkmanship and blustering on both sides us into iran don't forget that on the thirty first of december obama best what is reasonably a crude criminalise zeeshan operation of anyone who tries to do deals with iranian central bank well russia will ignore it china will ignored south korea which one of the dr importers of your own energy will ignore all other countries in the middle east and slaton america or a central asia like turkmenistan they do or guess webster instance will ignore it the saying is you run is going to be paid for its energy in the third party accounts in different accounts with the banks in turkey for instance in you one by the chinese in venezuela they have already an agreement so this i