Panetta Cautions Israel Against Iran Military Strike

[Scurrilous]

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"U.S. Defense Secretary Leon Panetta says he is cautioning Israel not to take military action against Iran, as the U.N. nuclear agency prepares to debate a resolution expressing “deep and increasing concern” about Iran's nuclear program.

Panetta said on the eve of his meeting Friday with his Israeli counterpart Ehud Barak, that a military strike could have severe economic consequences around the world. He said the U.S. will continue to focus on sanctions as a means to curb Iran's suspected nuclear weapons ambitions."

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"Recent reports in the Israeli media said Israel's government has been considering a military strike on Iran's nuclear sites. The Israeli defense chief warned during a U.S. television interview that Iran could spark a new, nuclear arms race if it gets a nuclear bomb.

Iran's Supreme Leader Ayatollah Ali Khamenei has said Tehran will respond to any military strike by Israel or its main ally the United States with “strong slaps and iron fists.”

Seeking to increase the pressure against Iran, a U.S. Senator Thursday introduced new legislation aimed at collapsing Iran's central bank. The amendment would allow the U.S. to cut off any foreign financial institution for doing business with the bank, though it allowed for certain exceptions to try to ensure the oil market would not be disrupted, and to ensure food and medical aid could continue to the Iranian public.

The U.N. Security Council has passed four sets of sanctions on Iran for refusing to stop nuclear activities that have both civilian and military uses.

http://blogs.voanews.com/breaking-news/2011/11/17/panetta-cautions-israel-against-iran-military-strike/