Cyprus-Forum.com

[Get Real!]

Bye bye America....

https://www.aljazeera.com/news/2018/09/ ... 20569.html

I don‘t think the E.U. and Iran will be able to circumvent the US sanctions on Iran with this untested loophole for the E.U. countries to continue trade with Iran as normal. There are many more institutions involved in making a trade with a country to buy their oil with a “ghost entity” to handle the money for the Iranian oil transactions. It is not just companies who will be targeted for doing business with Iran who may be deliberately violating US sanctions and may possible get away with it for a short time by using the “ghost entity” to complete the sanctioned transactions, but countries trading with Iran are also be violating the US sanctions, in which case, they risk getting punished by the US. Personally, I don’t think this loophole will work, nor will it be implemented. The risks are too high to do so.

I tend to look at the bigger long-term picture from this story…

Trump’s reckless foreign policies have encouraged the laying of the foundations of a future international transaction system that will be outside the influence of the US, and if that’s not the most significant recent global development I don’t know what is…

[Londonrake]

Bye bye America....

https://www.aljazeera.com/news/2018/09/ ... 20569.html

I don‘t think the E.U. and Iran will be able to circumvent the US sanctions on Iran with this untested loophole for the E.U. countries to continue trade with Iran as normal. There are many more institutions involved in making a trade with a country to buy their oil with a “ghost entity” to handle the money for the Iranian oil transactions. It is not just companies who will be targeted for doing business with Iran who may be deliberately violating US sanctions and may possible get away with it for a short time by using the “ghost entity” to complete the sanctioned transactions, but countries trading with Iran are also be violating the US sanctions, in which case, they risk getting punished by the US. Personally, I don’t think this loophole will work, nor will it be implemented. The risks are too high to do so.

I tend to look at the bigger long-term picture from this story…

Trump’s reckless foreign policies have encouraged the laying of the foundations of a future international transaction system that will be outside the influence of the US, and if that’s not the most significant recent global development I don’t know what is…

Good luck with that.

[Get Real!]

Good luck with that.

I don’t think luck has any part to play here but a willingness and perseverance on the part of the EU to see this through and it’s pleasing to read that it is already approved and in motion…

https://theduran.com/europe-unveils-spe ... ve-status/

Such a maneuver is the beginning of the end of US hegemony…

[Kikapu]

Bye bye America....

https://www.aljazeera.com/news/2018/09/ ... 20569.html

I don‘t think the E.U. and Iran will be able to circumvent the US sanctions on Iran with this untested loophole for the E.U. countries to continue trade with Iran as normal. There are many more institutions involved in making a trade with a country to buy their oil with a “ghost entity” to handle the money for the Iranian oil transactions. It is not just companies who will be targeted for doing business with Iran who may be deliberately violating US sanctions and may possible get away with it for a short time by using the “ghost entity” to complete the sanctioned transactions, but countries trading with Iran are also be violating the US sanctions, in which case, they risk getting punished by the US. Personally, I don’t think this loophole will work, nor will it be implemented. The risks are too high to do so.

I tend to look at the bigger long-term picture from this story…

Trump’s reckless foreign policies have encouraged the laying of the foundations of a future international transaction system that will be outside the influence of the US, and if that’s not the most significant recent global development I don’t know what is…

Yes, Trump has been reckless with some of his domestic and foreign policies, however, this does not change anything on the ground as the USA is the biggest economy with so much clout to get it’s way. Any country can impose sanctions on another coutry for any reason, even Cyprus can, and then threaten that if any company or country does business with the sanctioned country, they will be punished, if they to had such economic clout to carry out their threat. All countries do not have such economic clout as the US, other than the E.U. perhaps as an institution.

[Get Real!]

...this does not change anything on the ground as the USA is the biggest economy with so much clout to get it’s way.

It’s this very clout that would be in jeopardy should an alternative route to SWIFT be established.

https://theduran.com/europe-unveils-spe ... ve-status/

[Londonrake]

"Yes, Trump has been reckless with some of his domestic and foreign policies, however, this does not change anything on the ground as the USA is the biggest economy with so much clout to get it’s way. Any country can impose sanctions on another coutry for any reason, even Cyprus can, and then threaten that if any company or country does business with the sanctioned country, they will be punished, if they to had such economic clout to carry out their threat. All countries do not have such economic clout as the US, other than the E.U. perhaps as an institution.

I agree and as I said to GR - good luck with that. Frankly, I think it's a pipe dream.

Trump of course is a passing phenomena. November will give us a better insight into his future but regardless he will be a footnote, either as a lame duck in 2018 or history in 2020. Unlike the world's dictators of course, who will blight the planet until events take their course, or they die naturally (most don't).

[Kikapu]

...this does not change anything on the ground as the USA is the biggest economy with so much clout to get it’s way.

It’s this very clout that would be in jeopardy should an alternative route to SWIFT be established.

https://theduran.com/europe-unveils-spe ... ve-status/

Yes, I read the article with the link you provided on the previous post. It all sounds good on paper, but if the US shuts out companies and countries doing business with the US because they are circumventing US sanctions by another form of payment with the sanctioned country, companies and countries will soon abandon the new payment system.

[Get Real!]

Trump of course is a passing phenomena. November will give us a better insight into his future but regardless he will be a footnote, either as a lame duck in 2018 or history in 2020.

One way for the US to save itself from such a potentially devastating development would be to eliminate Trump ASAP from office and quickly rekindle their battered relationships but there’s another dimension that comes into conflict with the removal of Trump… the Israeli question.

In his short tenure Trump has exceeded US support for Israel beyond any Jewish expectations so influential organizations that indeed form part of the US Deep State such as AIPAC, will be facing a massive dilemma on how to proceed.

The Obama years have been the most painful in a long time for Israel and nobody from the Jewish camp will be looking forward to risk returning to anything that even remotely resembles it.

[Londonrake]

Trump of course is a passing phenomena. November will give us a better insight into his future but regardless he will be a footnote, either as a lame duck in 2018 or history in 2020.

One way for the US to save itself from such a potentially devastating development would be to eliminate Trump ASAP from office and quickly rekindle their battered relationships but there’s another dimension that comes into conflict with the removal of Trump… the Israeli question.

In his short tenure Trump has exceeded US support for Israel beyond any Jewish expectations so influential organizations that indeed form part of the US Deep State such as AIPAC, will be facing a massive dilemma on how to proceed.

The Obama years have been the most painful in a long time for Israel and nobody from the Jewish camp will be looking forward to risk returning to anything that even remotely resembles it.

Is this part of the moon landings thing?

[Get Real!]

Is this part of the moon landings thing?

I thought you were looking for mature debate, according to past grievances you posted on the forum; yet when presented with one you bail out quickly in childish fashion!