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TRUMP WINS AGAIN: Germany's Central Bank Stops $400 Million Cash Delivery To Iran

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  • TRUMP WINS AGAIN: Germany's Central Bank Stops $400 Million Cash Delivery To Iran

    So much for the EU resisting US-led sanctions against Iran.

    President Trump has won another victory: Germany’s central bank has terminated a $400 million cash delivery to Iran.

    Deutsche Bundesbank has previously worked with the Iranian-owned European-Iranian trade bank (EIH) to end-around sanctions the United States has placed on Iran. As Fox News reports, “The U.S. and the European Union previously sanctioned the EIH for its role in advancing Iran’s nuclear and missile programs. The sanctions on the EIH were lifted after the world powers reached an agreement to curb Iran's nuclear program in 2015.”

    In July, it was revealed that German Chancellor Angela Merkel's government was trying to circumvent the sanctions that were implemented this week. U.S. ambassador to Germany Richard Grenell urged Merkel to terminate the $400 million cash delivery.
    https://www.dailywire.com/news/34296...0-hank-berrien
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  • #2
    The US will freeze access to the US capital market for the European central banks, Germany, France and the UK principally, unless they accept freezing Iranian assets over in Europe. Should that happen these European central banks would quickly be unable to function. Yeah, the Germans blinked as a consequence.

    The US is leveraging its central position in the world's finance system in order to push through Trump's policy on Iran. (Which is a unilateral ruption of an international agreement, despite the party on the other end, Iran, upholding its part of the bargain. It's another stone knocked out of the edifice of system of international institutions and multilateral agreements.)

    Good idea, bad idea? Depends on how things develop. (Though mostly bad, Trump is a wrecker, meaning what he leaves will be wreckage, not working situations.) One of the implicit messages is that the EU needs to develop not just its own military security infrastructure, parallell to NATO, but it also needs take a look at its dependency on the US in the global financial system. Reduce their exposure to the US, and diversify how risks are spread in the global financial markets (to the effect that exposure the US might not be lesser liability than exposure to primarily China, which has so far been unthinkable.)

    Everyone sort of knew that the US has this kind of leverage. The question was rather if the US would be so extreme as to use it as a hostile tool against it's European partners. Now we know.

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    • #3
      Good as far as I am concerned, anything that hurts the Iranian Mullahs is Good News, I can't understand what Europe's fascination is with Iran, THEY like you about as much as they like the US, they have been a PIA for for The World for thousands of years and haven't changed since or about to change!
      Last edited by Trung Si; 10 Aug 18, 20:41.
      Trying hard to be the Man, that my Dog believes I am!

      Comment


      • #4
        Originally posted by Johan Banér View Post
        The US will freeze access to the US capital market for the European central banks, Germany, France and the UK principally, unless they accept freezing Iranian assets over in Europe. Should that happen these European central banks would quickly be unable to function. Yeah, the Germans blinked as a consequence.

        The US is leveraging its central position in the world's finance system in order to push through Trump's policy on Iran. (Which is a unilateral ruption of an international agreement, despite the party on the other end, Iran, upholding its part of the bargain. It's another stone knocked out of the edifice of system of international institutions and multilateral agreements.)

        Good idea, bad idea? Depends on how things develop. (Though mostly bad, Trump is a wrecker, meaning what he leaves will be wreckage, not working situations.) One of the implicit messages is that the EU needs to develop not just its own military security infrastructure, parallell to NATO, but it also needs take a look at its dependency on the US in the global financial system. Reduce their exposure to the US, and diversify how risks are spread in the global financial markets (to the effect that exposure the US might not be lesser liability than exposure to primarily China, which has so far been unthinkable.)

        Everyone sort of knew that the US has this kind of leverage. The question was rather if the US would be so extreme as to use it as a hostile tool against it's European partners. Now we know.
        So you feel that financing terrorism is acceptable for Germany?
        Quis Custodiet Ipsos Custodes? Who is watching the watchers?

        Comment


        • #5
          Originally posted by Mountain Man View Post

          So you feel that financing terrorism is acceptable for Germany?
          So you feel financing terrorism is acceptable for USA(Saudi Arabia) but not Germany(Iran)? Which one was responsible for 9/11 again?
          Wisdom is personal

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          • #6
            Originally posted by Karri View Post

            So you feel financing terrorism is acceptable for USA(Saudi Arabia) but not Germany(Iran)? Which one was responsible for 9/11 again?

            The government of Saudi Arabia is no more responsible for 9/11 than is Germany where the hijackers were recruited, or the U.S. where they learned to fly.
            Politics is the art of looking for trouble, finding it whether it exists or not, diagnosing it incorrectly and applying the wrong remedy. -- Ernest Benn

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            • #7
              Originally posted by Karri View Post

              So you feel financing terrorism is acceptable for USA(Saudi Arabia) but not Germany(Iran)? Which one was responsible for 9/11 again?
              The hostile invasion and capture of the American embassy in Iran, and holding our diplomats prisoners for over 400 days,an open act of war under international law, must have been before your time. Terrorism goes much farther back in the Middle East than 9/11.

              As for why we never punished Saudi Arabia, I'm am surprised you do not know the answer: The entire Bush family was in the oil business with the bin Laden's, Osama was specifically a partner of Lil' Bush's prior to 9/11 and Bush didn't want to stop the flow of oil, so he chose the cowardly route and attacked Iran instead.

              Why do you think the only aircraft allowed to fly in all of America on 9/11 was the one Bush allowed to fly the Osama bin Laden's family out of America?

              If you doubt the connections I have outlined, you can easily look them up in under a minute on the 'net.

              Now, back to the question you tried to avoid: do you feel that it is proper for Germany, seeking lots of American presence and money in NATO, to be funding the Iranian terrorist activities and their national nuclear program? BTW - the Saudis haven't got nukes.

              First, Germany made a mockery of NATO by entering into a hugely expensive business deal with Russia for gas and oil, and now it wants to send 400 million to the Iranians? There is something seriously wrong in Merkel Land.
              Quis Custodiet Ipsos Custodes? Who is watching the watchers?

              Comment


              • #8
                Thank you for providing me with the proof, but that doesn't still answers the question of why you think the rules would be any different for Germany than they are for USA.

                The 400 million btw is Iranian money, not some aid package...
                Wisdom is personal

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                • #9
                  Originally posted by Mountain Man View Post

                  First, Germany made a mockery of NATO by entering into a hugely expensive business deal with Russia for gas and oil, and now it wants to send 400 million to the Iranians? There is something seriously wrong in Merkel Land.
                  And what should Germany do ? Don't use gas and oil anymore ? Buy it more expensive ?
                  There are no Nazis in Ukraine. © Idiots

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                  • #10
                    [QUOTE=Mountain Man;n

                    First, Germany made a mockery of NATO by entering into a hugely expensive business deal with Russia for gas and oil, and now it wants to send 400 million to the Iranians? There is something seriously wrong in Merkel Land.[/QUOTE]

                    Read the OP again MM!

                    Trying hard to be the Man, that my Dog believes I am!

                    Comment


                    • #11
                      so he chose the cowardly route and attacked Iran instead.
                      Don't you mean Iraq?

                      I'm unaware that Germany or the Germans are wishing for a large infusion of US Force. Secondly where would they be stationed? All of the old camps are gone.
                      "Ask not what your country can do for you"

                      Left wing, Right Wing same bird that they are killing.

                      you’re entitled to your own opinion but not your own facts.

                      Comment


                      • #12
                        Originally posted by Mountain Man View Post

                        So you feel that financing terrorism is acceptable for Germany?
                        That's daft.

                        You think might is right anyway, so what do you care?

                        Comment


                        • #13
                          Originally posted by Karri View Post
                          Thank you for providing me with the proof, but that doesn't still answers the question of why you think the rules would be any different for Germany than they are for USA.

                          The 400 million btw is Iranian money, not some aid package...
                          MM is all over the map. Iran, Iraq, Germany, Russia and about the only one he leaves out is Israel oh, and China.

                          MM you and others complain about Germany getting oil from Russia but find it ok that we are in debt to China. Why the dbl standard. Trump is friends with Russia, why shouldn't the Germans be friends or at least not an enemy.
                          "Ask not what your country can do for you"

                          Left wing, Right Wing same bird that they are killing.

                          you’re entitled to your own opinion but not your own facts.

                          Comment


                          • #14
                            The thing about Russia is that the EU mostly want Russia to eff off and leave its neighbours alone. The thing about Russian energy is that it was a hold-over from the USSR and the Cold War, meaning parts of Europe (guess which) were hooked to the Soviet distribution system, and that alone. So that gave Russia massive leverage, ability to set arbitrary prices, with the nuclear option of just shutting off the tap, and at the worst possible moment.

                            And Russia did that, on occasion. And in response the EU has now built a bunch of new infrastructure that means the EU doesn't actually HAVE to buy Russian gas, for lack of any other option. It can find alternative sources.

                            BUT if it does that, it will have to be in response to the Russians playing silly buggers, because all available alternatives to Russian gas are more expensive. Which means it is a price possible to pay if there are sufficient political reason to accept that kind of premium.

                            What these developments have meant is that by now the Russian energy giants have decided to play nice, and compete on price, quality and reliability of delivery, just like the EU always wanted them to do. (Apparently they have also stopped trying to buy up national energy infrastructure in the EU, not least since the EU noticed and pointed out that monopoly situations where the supplier of the commodity also owns the means of distribution is ripe for some monopoly-busting.)

                            The Germans of course have never experienced any side of Russia as a gas deliverer except the amenable and dependable partner, offering decent prices and reliable delivery. The Russians have been very keen to never spook the Germans with any of this. (Smaller countries otoh were subjected to things likes weird pricing, Russia punishing the "naughty" and rewarding the "nice", as per current views from Moscow.)

                            Then comes Trump, who apparently doesn't understand either markets or trade, and apparently wants the EU to shut Russia out its gas market, and buy liquid gas from the US at cost. I guess it's the ACME of a Trumpian deal? Not based on any actual cost-benefit analysis, but rather a naked power-play. Just when the EU had manouvered things into a spot where Russian has pretty much given up its energy power-plays (and not because they wanted to, but because they needed to).

                            What the view from Europe of this gas and energy actually highlights, is precisely what an international order based on games of one-up-manship, brink-manship, and powerplays would look like, rather than the current system of multilateral (oh-so-berated-by-its-detractors) trade agreements. And it is roughly how Trump and Putin + assorted other strongmen around the globe currently, would also like things to work. It also highlights what it is the EU needs to do – form a bloc that can at least stonewall the party to either side of it, preferably force them to play ball on the EU's terms. Because that's what a world where the animals are not supposed to get along and prosper, but the big fish should eat all the little fish, prompting all little fish to try to get as big as possible — or at least, more like the current EU, form one massive school to intimidate bigger fish.
                            Last edited by Johan Banér; 13 Aug 18, 10:41.

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                            • #15
                              Originally posted by Emtos View Post

                              And what should Germany do ? Don't use gas and oil anymore ? Buy it more expensive ?
                              There was an EU requirement to become less dependent on Russian energy supplies.

                              Germany just went right ahead and made itself more dependent on Russian energy supplies.

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