US faces European backlash against Iran sanctions — The Guardian

Airbus and other big European companies need to figure out how to deal with new US sanctions against Iran

Can election-bound India weather the storm that is brewing on the economy?

But as of Friday, companies in Europe said they were still taking Iranian oil. Contrasting the emerging candlestick patterns is a strong vote of confidence from a mix of technical indicators and moving averages. German Economy Minister Peter Altmaier meanwhile heads to Russia on Monday to help prepare a meeting between Merkel and President Vladimir Putin set for the end of the week in Sochi. Large anti-aircraft forces have been moved to the Syrian frontier. "The consequences of American sanctions go way beyond goods shipped by American companies because of our technology licenses to many other countries and businesses around the world". Living conditions are difficult.

"Iran had never made a strategic decision to give up nuclear weapons". He called for the creation of a body to monitor the implementation of EU sanctions rules.

We are gonna work with all of the Europeans.

Germany, France and Britain want talks to be held in a broader format to include Iran's ballistic missile programme and its regional military activities, including in Syria and Yemen.

Germany's minister for economic affairs, Peter Altmaier, said on Sunday that Berlin will try to "persuade the U.S. government to change its behaviour". So the Iranians pretend to be the great enemy of the "Little Satan" (their rather insulting appellation of Israel, to distinguish it from the Great Satan, the USA).

Trump announced this week that the US was pulling out of a 15-year deal in terms of which Iran committed to stop its nuclear development programme. "China is by far the first economic partner of Iran".

Iran has shown restraint, forsaking knee-jerk reaction. In Iran's case, its closest current ally is Russia. This shows the maturity of Iranian diplomacy. The US will separately re-impose sanctions on the provision of insurance and reinsurance. Obama himself led the "big mistake" chorus, issuing a lengthy statement bashing Trump for the decision. President Hassan Rouhani, regarded as a moderate, has no option but to take a defiant stance. She had a more conservative Brent crude average of $US70 a barrel for 2018, forecasting it to fall to $US68 a barrel in the second quarter of 2019. As Trump acknowledged in another tweet, the Korea opening was in part facilitated by neighboring China, which joined other members of the UN Security Council in tightening economic sanctions against the Kim regime in spite of Beijing's long trading and political relationship with Pyongyang. "As those sanctions kick in, it will have an even broader effect as well", he said.

If the regime in Tehran does not collapse, the Washington-Jerusalem-Riyadh axis might look for an alternative course of action, not excluding military. "I think that will sink in; we'll see what happens then", Bolton said.

Bolton struck a more hawkish tone with his comments in an interview with CNN's "State of the Union" program than Pompeo did on "Fox News Sunday".

The countries that continue to deal with Iran could face sanctions. Israel has some millions of faithful adherents, who are American citizens and have a lot of money. For India, the question will also be: can it rely on the U.S.to honour even its written word embodied in international agreements? U.S. stocks are expected to open higher with Dow futures and the broader S&P 500 futures up 0.3 percent.

The impact on India will be severe. In response to Saudi pressure, JP Morgan and HSBC last month walked away from participating in a $12 billion bond sale.

"It's reminiscent of the saying attributed to Vladimir Lenin that the capitalists will sell us the rope with which we'll hang them", he said.

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