Daniel Dombey
Financial Times
April 1, 2010

Editor’s note: A bit of translation is in order here. What Obama is saying is that if Iran defends itself against an attack by the U.S. or Israel, this will destroy the world economy.

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Barack Obama on Tuesday warned that a conflict in the Middle East set off by Iran’s nuclear programme could destabilise the world economy as he and Nicolas Sarkozy, the French president, stepped up their push for sanctions on Tehran.

Mr Sarkozy also said EADS, the European aerospace and defence conglomerate, would bid for a long-troubled tanker contract with the US air force.

At a joint press conference at the White House during a day of meetings between the two leaders, Mr Obama said he wanted United Nations measures against Tehran in weeks not months, but acknowledged that the world’s big powers were still not united.

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