Why the West Can't Do Business with Iran

Why the West Can't Do Business with Iran

Having started his first presidential term in 2009 by offering "a hand of friendship" to the Islamic Republic in Iran, President Barack Obama has begun his second term by renewing his invitation for direct talks with the leadership in Tehran. In a variation on the same theme, Secretary of State Hillary Clinton has described Iran as "the toughest problem" facing American foreign policy today. And, yet, she too has pinned her hopes on a "diplomatic solution" before the March 2013 deadline set by Obama.

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