🌋 Germany's foreign minister calls for global payments system free of U.S. influence
Heiko Maas, Minister for Foreign Affairs in Angela Merkel's cabinet, is calling for a European SWIFT competitor and monetary fund to curtail U.S. global financial power. Mr. Maas is critical of the Trump Administration's decision to back out of the Iran deal and reimpose economic sanctions, as well as its trade policies. European companies that continue to do business with Iran following the sanctions deadline risk being cut off from the global payment networks.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.