By Micah HalpernI've Been Thinking:
Iran is sanctioning companies that are doing business with Israel.
The companies include Bent Tal, United Technologies Products, ITT Corporation, Raytheon, Re/Max Real Estate, Magnum Research Inc, Oshkosh Corporation, Kahr Arms and Elbit System.
Iran is responding to the US sanctions imposed against them after a series of missile tests. Iranian media covered the decision by the foreign ministry to ban these companies from doing business in Iran.
Iran has also threatened to declare the CIA and the US army as terrorist organizations.
The Iranians are barring these companies from doing business in Iran. In truth, it will have very little impact on the targeted companies or on their industries - Iran is making a statement, they are responding. Many of these companies are Israel oreinted with major Israeli sections.
The Iranians are responding in order to make themselves feel relevant. The reality, however, is that in this case, the Iranians are overreaching.
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