8 ms·
>Such transactions, presumably in euros and pounds sterling, would not be transparent to American authorities. Then why make this plan public?
by curiousgal 8y ago
>Such transactions, presumably in euros and pounds sterling, would not be transparent to American authorities.
Then why make this plan public?
- mrtksn 8y agoI think it's not a clandestine operation but just a challenge to the US demands, therefore it's public? US: Don't trade with Iran because politics UK, DE, FR, CN, RU: Sorry, We like the deal we made and we would like to trade with Iran. US: If any company trades with Iran, won't be able to trade with the USA. Make your choise. UK, DE, FR, CN, RU: Okay then, we will create an infrastructure where the USA won't be able to legally identify and sanction our companies that trade with Iran.
- snaky 8y agoUS: Nice. Then we will just roll the dice once a week and point our finger to random big company of yours.
- david927 8y agoThe U.S. wouldn't do this because it would have no effect.
- stefanfisk 8y agothe investigations, even if they find nothing, would require huge compliance efforts for the companies targeted.
- XorNot 8y agoPresuming the supreme court goes along with a fishing expedition like that though. Which even with a stacked court is a big presumption.
- NicoJuicy 8y agoLooks like a vicious circle to me
- antr 8y agoRoW: Good luck defending arbitrary behaviour in front of a court
- anomaly_ 8y agoAs opposed to the EU’s totally non-arbitrary action against US technology multinationals from a tax and competition perspective?
- antr 8y agoYou said it: non-arbitrary
- rusk 8y agoAll completely legal tho
- lumberjack 8y agoHow ironic that you do not even realise how entitled you are to make such a remark. The EU is regulating its own markets. The US is trying to stop the EU from trading with Iran.
- zimablue 8y agoThink about what you're saying. If you read British history, the empire before this one, we used military dominance to force China to allow our companies to deal opium to their society, totally ravaging it. You're makinga similar argument except instead of opium it's surveillance capitalism. Whether or not you think SC is bad, it's hard to justify why countries shouldn't be allowed to take their own approach to what's allowed through their borders. And why countries should allow companies with natural monopolies and mayb massive profit margins to basically milk their citizens. Honestly I wish the EU /really/ did tech protectionism.
- snaky 8y agoI couldn't find the word 'court' in https://www.state.gov/r/pa/prs/ps/2018/08/285043.htm https://www.state.gov/r/pa/prs/ps/2018/08/285043.htm
- close04 8y agoThese measures usually have 2 unpleasant side-effects for the initiator: they trigger some form of retaliation and they push the other party closer to the enemy. In this case it could come back to harm the US tech sector for example, and it would push EU closer to China and Russia.
- bsaul 8y ago« pushing closer to the ennemi », yet i don’t think any european citizen will understand why we prefer to start a judiciary war against the US just so that we can help a muslim theocracy broaden its influence in the middle east. It doesn’t serm to me that the public opinion in europe is really heading toward that kind of opinion.
- close04 8y agoI mean closer economically. It would strengthen economic ties between EU and China or Russia.
- saiya-jin 8y agoPublic opinion in Europe ain't very positive about Trump either, every other day its another eye roll because of what that ego maniac did/said/didn't, how rude and unfair he is. This is what people see. On the other side, what specifically Iran did do to deserve this? Yes they meddle around their neighbors, just like every other country. US is the last who should be blaming others for this, Iran is at least home and not inciting civil wars in Mexico or Cuba. In the same time Saudi Arabia doing some small-scale genocide in Yemen, bombing civilians left and right gets a free pass and very friendly attitude, yet they are the one of the biggest exporters of terrorism and country is as far from freedom and equality as one can be in 21st century.
- plopilop 8y agoI'll add that sanctions were imposed because Iran was getting greedy with nuclear power. Now that Iran backed off, there is no reason to continue these sanctions. Moreover everyone voted to lift said sanctions in 2015, and now some orange dude said 'no fuck u' despite his country having signed the arrangement and wants to force everyone else to unilaterally accept his own conditions. It's good to see that Europe finally grew a spine.
- tanilama 8y agoWill I am sure EU will take one from FANG to take money back, it is not like they are already actively doing this /s
- NTDF9 8y ago>> US: Nice. Then we will just roll the dice once a week and point our finger to random big company of yours. This is exactly the kind of bullying attitude that is pushing US allies away from the US. Using the dollar as a weapon causes everyone to desperately seek alternatives.
- Arnt 8y agoAsk the other question: Why make it secret? Suppose there is a goal, call it X. Do you think thirty-some countries could negotiate establishing a new international organisation without the US learning about it? I think not, therefore it's better to try to achieve X without secrecy.
- cyborgx7 8y agoBecause it's legitimate finance infrastructure that is supposed to be used by private companies? I really don't understand this question.