Skip to comments.EU plan to enable non-dollar Iran trade, oil sales unraveling: diplomats
Posted on 11/14/2018 7:21:03 AM PST by Java4Jay
A special European Union initiative to protect trade with Iran against newly reimposed U.S. sanctions faces possible collapse with no EU country willing to host the operation for fear of provoking U.S. punishment.
(Excerpt) Read more at reuters.com ...
EU diplomats said the main European powers - Germany, France and Britain - would raise pressure on tiny Luxembourg to host the so-called Special Purpose Vehicle (SPV) after Austria refused to manage the plan and left it on the brink of collapse.
“with no EU country willing to host the operation for fear of provoking U.S. punishment.”
Winning! Trump you magnificent bastard!
Useless eater Euros — Afraid of The Donald
Useless eater Democrats -— Not afraid one bit as they steal elections and encourage invading hordes from Central America and open borders for future Democrat voters and their anchor babies
Europe could buy our LNG instead of dealing with the enemy Iran.
Who’s side is Europe on?
These ‘faults’ were all laid out and predicted once they made that stupid strategy up months ago. Just on tax revenue required to fund the stuff....you’d have to find easily over 200 billion dollars. The ‘paper tigers’ had no ability to grasp that.
If you notice...virtually every major news group in Europe has refused to cover this or report it.
(If you notice...virtually every major news group in Europe has refused to cover this or report it.)
The Media controls the majority of peoples minds. Here at FR we have open thinking based on Facts not Feelings.
Truth is hidden from people too lazy to find it. MSM reports just their spin. Example, click the link to find Truth, it’s all hidden.
3rd time’s a charm
EU is clueless about the effect of continuing to allow the Iranian Mullahs to finance Terrorist operations out of oil revenues while their nation starves and shivers in terror.
The nuke threat is still real too.
Only the Mullahs and there close internal allies benefit.
My guess, behind the Iran Nuke deal, some of EU POLs benefited hugely. That is how the EU swings. Smother this now.
the real crime of it all is that this very real, very huge accomplishment of the trump administration will go virtually unreported my the MSM because they’re too busy wetting their dress about acosta’s press pass, russian russia russia, and all of the “scary investigations” little adam schiff is about to kick off.
multilateralism is a failed policy of weakness practiced by the weak. this proves it yet again.
The EU may try to end-run Trump but its major corporations (and even numerous minor ones) have already ceased sales with/operations in Iran. The power of the American market is stupendous.
The EU is actually Germany...and sooner or later they will need another ass kicking.
That is a good thing. The leftist truly hate the “markets”.
Each EU nation needs to feel the financial burden for their own defense. It's past time for relying on the American taxpayer for the defense of an entirely separate continent. So many lavish social spending programs that our ridiculous leftists salivate over are enabled because the EU has managed to slough off its defense obligations onto the American taxpayer's tired backs.
Just how many billions of dollars would each EU nation have to pony up to raise armies, navies and air force services to rival those of the US? It's time we found out. Their tiresome meddling is getting very old.
Wasn’t the Iraq War all about getting Saddam Hussein out of power due to he wasn’t using the dollar for oil sales (Petro-Dollars)
The dollar is the world’s reserve and trading currency because it is universally negotiable with substantial transaction volumes and stable value. Just what will be used as a substitute? A basket of Euros and other currencies, with some Kohl’s Cash vouchers and a bag of brass buttons?
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