[ April 19, 2024 ]
President Donald Trump’s administration has successfully pressured Germany into putting the brakes on a $400 million bank cash transfer to Iran.
The significance of the move is that America, under Trump, reinstated sanctions against Iran. And in so doing, the message to overseas’ governments was: Choose.
Choose which country you’d rather do business with — American or Iran.
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Germany, it seems, is choosing America.
From the Daily Wire:
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.
Grenell tweeted his approval of Deutsche Bank’s actions:
https://twitter.com/RichardGrenell/status/1026844117811257344?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1026844117811257344&ref_url=https%3A%2F%2Fwww.dailywire.com%2Fnews%2F34296%2Ftrump-wins-again-germanys-central-bank-stops-400-hank-berrien
The U.S. Embassy in Berlin added:
Close partnership = results. Thank you to our German counterparts for acting to stop Iran’s activities.https://t.co/fTSBD2f8Dt
— US-Botschaft Berlin (@usbotschaft) August 4, 2018
New rules to be implemented on August 25 give banks the power to block transactions if those transactions could threaten “to end important relationships with central banks and financial institutions of third countries.”
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11 Comments
5 years ago
Dems will be mad as hell.
Dems were paid by Iranian lobbyists to support Nuke deal http://tinyurl.com/mcake4d
And their holdovers still support it.
5 years ago
Reply to
Suresh
The Dem’s also held up approval of our ambassador to Germany for over a year and a half. I wondered why, since he is openly gay. Now I know why. They didn’t want someone who was effective.
5 years ago
My impression is that the Europeans are telling companies to make their own decisions. Smaller ones, with few ties to the US,may decide to ignore the US sanctions. This will at best be a leaky embargo.
5 years ago
Trump letting ALL know who is the new sheriff in Town!!
As we speak the already struggling Turkish Lira has been dealt MAJOR blows (USD/TRY 1/6.5) after trump doubled import tariff’s on Turkish steal and Aluminium, tightening the noose on Turkey’s economy in retaliation against Erdogan which is still refusing to release the American pastor detained in Turkey in home arrest!!
The behind the scenes of this Trump / Erdogan show down, is that many major EU banks have Gigantic (Mainly Spain / France / Italy) exposure to the near collapsing Turkish economy and a Turkish default (Turkey is literally on the brink of bankruptcy with zero good options gowning forward, even if a rational / sane person would be in charge in shepherding Turkey out of their economic valley of darkness) will further destabilize the EU until its inevitable collapse… An eventual EU collapse (within the next 2-4 years?) is Great for America with Trump on the helm, Great for Israel and Great for saving the nation state world order under the hegemony of the one and only super power which is the US
Iran’s and Russia’s currencies are also spiraling down the value toilet basin, after Trump levied sanctions on the petulant despots
Trump is REORGANIZING geo strategic politics / world economy with his pen and twitter…
Trump is fast approaching “Legend in his lifetime” territory!!!
ALL republicans must vote for the best Republican on the ballot in the coming midterms as if their life and their children / grandchildren lives depend on it!!! Don’t let the Devil spawn “progressive” DemonRats, destroy America for ever!!
5 years ago
oh noes, there goes obummer tribute to buy the mullah’s will. Soon they’ll be whining on how the great satan america has cheat its way out of a deal that could save the luxury life of a few mullah’s, while keeping iranian hardliners shut down.
iranian islamic supremacy propaganda to follow.
5 years ago
oh noes, there goes obummer tribute to buy the mullah’s will. Soon they’ll be whining on how the great satan america has cheat its way out of a deal that could save the luxury life of a few mullah’s, while keeping iranian hardliners shut down.
iranian islamic supremacy propaganda to follow.
5 years ago
Although people are giving President Trump the kudo’s for this, that is probably a big part of the reason. However, I believe the real reason this payment to iran was cancelled is that the German economy is tanking… And it’s all due to Merkel and her insanity of letting hordes of invaders into Germany… It takes 12 taxpayers wages to support 1 gimmiegrant.. There are now 2 million of them in Germany. Therefore 24 million tax payers to support them.. That’s a big chunk out of their workforce paying solely for people that will never contribute to Germany’s economy. Deutschebank is apparently floundering, the Euro is losing value and will probably be a ‘no currency’ in a few years time.. Merkel may end up being as disastrous for Germany as Hitler..
5 years ago
it’s a start but $400 million is consider pocket change today. Where’s the other $400 billion??
5 years ago
Reply to
Alleged-Comment
Perhaps the NYT / Washington Post will pose that question to Hussein Obama.
5 years ago
These are the actions of a real leader. One who cares about this country and the world at large.
Thank God President Trump is in the White House.
After 8 years of the anti-American Kenyan, we need to return to a position of prominence. President Trump is leading the way.
5 years ago
What a switch from Obhammud flying in pallets of cash to Tehran on a transport plane in the dead of night and the subsequent nefarious activities by Iran afterward. It was used to finance their proxy fights and other disruptive activities in the region.
As is predictable, President Trump’s triumphs both at home and abroad tend to highlight Obhammud’s long unbroken string of failures in each.
