Our Government is hamstrung in holding back IO from China
because BHP & Rio are predominantly owned by US shareholders
who have the right under US Law (thank you Uncle Sam), to
sue the Australian Government for any consequent loss arising
out of such sanctions.
Now considering this, and considering that our Iron Ore miners
are exporting as much IO as they can to China currently,
who do you now think is being held hostage eh?
http://aftinet.org.au/cms/ISDSIs this a case where Capitalism trumps Democracy...eh?
