Posted inEuropean Union, Germany, Iran, Japan, Middle East, Northeast Asia, South Korea, World

Germany calls for end to US hegemony in global payments system

After the Trump administration’s decision unilaterally to exit the 2015 Iran nuclear deal, Europe’s anger turned quickly to resignation, as companies moved to sever ties with Tehran lest they suffer retaliation from Washington. Germany is now calling for a reset in the nature of trans-Atlantic relations that will give Europe more autonomy to create foreign […]