Nakednews.com- Thursday January 5 2012-Nakednews.com








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VIC) I_m Victoria Sinclair and you_re watching Naked News thanks for joining us. The European Union is looking to ramp up pressure on Iran_s controversial nuclear program in a BIG way. Eila Adams has been keeping tabs on the latest rumblings out of Europe and joins us now with the latest.VS) What_s going on over there Eila? EA= North Am Set middle closeEA) Vic EU member states are planning a TOTAL ban on imports of Iranian crude oilVS) Correct me if I_m wrong but that_s got to be a major blow to their economy.EA) You_ve got that right. Collectively euro zone countries represent Iran_s second largest oil market just behind China. VS) Iran has a tough time keeping friends on the international stage these days don_t they? EA) Without a doubt and things won_t be getting any easier for them over these next few months. Here_s the latest Vic.EA) On Wednesday European leaders agreed in principal to embargo imports of Iranian oil. The move is expected to be finalized at a foreign ministers_ meeting at the end of January. The harsh new sanctions are aimed at deterring Iran_s developing nuclear program. Although Tehran {tay-RAN} maintains the program is for peaceful purposes a UN report in November showed that they were indeed chasing nuclear weapon capabilities. After the US imposed sanctions on Iran_s central bank last week the West is presenting a strong and unified front against the rogue state. The question Vic is will they listen?VS= Nott Set middle longVS) You would think so considering they_ve got an election on the horizon. But Eila this is far from the first story regarding sanctions on Iran that we_ve heard over the years. What if anything makes this one different?EA) Well for one Iran_s oil industry accounts for more than half of its economy. Losing European buyers means they_ll have to find new ones – and most likely have to sell to them at a major discount.VS) We_ll definitely keep an eye on how this develops. Now turning our attention stateside I understand you_ve got some news on a big shift in US military spending from President Obama. EA) I do and it could be very good news for troops overseas The Obama administration has announced what they call a quote more realistic new military policy. This would involve cutting ground forces by ten to fifteen percent and significant reductions in overall spending. Instead they_ll be investing more in air and sea power. The policy would also see a greater focus on a US presence in Asia. This is a move away from the win-win strategy the US has employed for decades – meaning manpower to fight more than one major war at once. The new policy is win-spoil meaning maintaining a military that can fight one war while stopping or blocking another conflict. Back to you Vic.VS= Nott Set middle long (slightly off center to one side but not all the way over as if trying to fit a graphicVS) That_s a pretty significant shift thanks to Eila Adams for that update. VS) We_ll wrap up this first look at the headlines with South Korea who_s reaching out to their neighbours to the North. This is the first gesture the South has made to re-open talks since the death of former leader Kim Jong-Il (KIHM JAWNG IHL) 3 weeks ago. However it appears that the North hasn_t made their minds up on how to deal with the rest of the world just yet. The secretive country completely closed their borders after Kim Jong-Il_s death and has yet to re-open them. To the best of anyone_s knowledge there haven_t been any major problems in the country as the late dictator_s son Kim Jong-un (KIHM JAWNG-OON) transitions into the leadership role. VS) We_ll be right back.

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