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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (70787)5/9/2018 3:51:39 PM
From: zzpat  Read Replies (2) | Respond to of 355966
 
The Financial Times is reporting the EU will seek exemptions from sanctions. If that doesn't work, they'll pass laws against the sanctions again. One source (that I'm not familiar with so I'm not citing) says the EU will retaliate against the US.

The Guardian says the EU is moving to protect companies.
EU moves to protect European firms from US sanctions on Iran

"Europe was going to unite to protect the deal, even if it meant putting its member states on an economic collision course with the US."



To: neolib who wrote (70787)5/9/2018 4:14:53 PM
From: bentway  Read Replies (1) | Respond to of 355966
 
There's a new option available now, crypto-currencies. If the world settled on a crypto-currency as a world medium of exchange, no individual country would gain from being the world currency. They could even begin a new crypto-currency!

It would totally screw the US, as we'd lose this gigantic leverage we currently enjoy.


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