http://www.battleforworld.com/2018/08/1 ... UpaySystem
Berlin: EU Has to Form ‘Independent Swift’ to Protect Firms From Iran Sanctions
SPUTNIK NEWS – August 21, 2018: The article highlights that the EU previously pledged to resist US sanctions on Tehran by implementing legislation allowing European businesses not to comply with restrictive US measures against the Islamic Republic, introduced after Washington’s withdrawal from the 2015 Iran nuclear deal.
In his statement written in the Handelsblatt business daily, German Foreign Minister Heiko Maas stated that the EU requires adoption of payment systems that would be independent from the US in order to preserve the nuclear deal between Iran and dominant countries after the decision of President Donald Trump to withdraw from the agreement.
It was right to legally protect European companies from sanctions. That is why it is essential that we boost European autonomy by setting up payment channels independent from the United States, by making a European Monetary Fund and building an independent SWIFT system,” Maas wrote.
(BattleForWorld: China has their own payment system, followed by Russia, and now the European Union is considering their own payment system. And Russia is not expecting the United States to pull back on much of these sanctions, because these sanctions against Russia are being used as a weapon for leverage. And this will continue even if Trump wins a second term. It will be interesting to see, when the United States has officially fallen into economic collapse, how the countries that have been shafted from all these sanctions respond to the financial crisis that has gripped the United States in the near future [in less than 10 years]. And according to Brandon O’Connell, paraphrasing: it is all scripted for President Trump to detach and draw the United States back into itself – as the country continues on the path of decline.)
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