French energy company abandons Iran project after US about-face.....

Discussion in 'Latest US & World News' started by MMC, May 16, 2018.

  1. MMC

    MMC Well-Known Member

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    So you think he is bluffing on the Sanctions over Iran? Now why would you think that knowing he went eith more and more Sanctions on N Korea?


    Is Germany breaking those Sanctions with N Korea?
     
  2. MMC

    MMC Well-Known Member

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  3. MissingMayor

    MissingMayor Well-Known Member

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    The Chinese cell phone company ZTE did. Twice.
     
  4. MMC

    MMC Well-Known Member

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    Many Americans would like to see us leave NATO. Problem is.....Germany can't fill the Gap. Nor can the French.

    Of course the rest of the Europeans just won't follow the Germans nor allow them to dictate to them. They will not want to lose money from the US. So they will tell the EU and Germany. You give up the money.
     
  5. MMC

    MMC Well-Known Member

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    Why should the US fight over Iranian Oil. We already are getting ready to take over as the # 1 exporter of Oil.

    You didn't think Sanctions are just about Oil, did you?

    Lets see the French try and continue supplying Iran with Steel.
     
  6. MMC

    MMC Well-Known Member

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    And they are paying for it.....aren't they? What happened, to the attitude about tell the US to **** off? :laughing:


    US fines China's ZTE $1.2 bn for violating Iran, N.Korea ...
    https://www.yahoo.com/news/us-fines-chinas-zte-1-2-bn-violating...
    Mar 07, 2017 · US fines China's ZTE $1.2 bn for violating Iran, N.Korea sanctions. ... of cell phones to ... April 2016 after the US government first sanctioned ZTE ...


    It is the largest criminal penalty in US history in an export control case, US officials said, though there have been larger fines involving financial firms. The company will immediately pay $892 million, while another $300 million in penalties are suspended for seven years.

    ZTE also agreed to plead guilty to three charges, including obstructing justice for hiding information from government investigators, the officials said. The agreement is subject to court approval.

    From January 2010 to March 2016, the company shipped $32 million in US cellular network equipment to Iran, and made 283 shipments of cell phones to North Korea, with the full knowledge of the highest levels of company management, officials told reporters.

    The company "conspired to evade the long-standing and widely known US embargo against Iran" and do business with entities affiliated with Tehran "to supply, build, operate, and/or service large-scale telecommunications networks" in the country using US equipment and software.

    "We are putting the world on notice: the games are over," Commerce Secretary Wilbur Ross said in a statement.

    Export privileges for ZTE -- China's largest publicly-traded telecom company, and the fourth largest in the world -- are subject to denial for seven years "if any aspect of this deal is not met," the statement said.

    The company agreed to a three-year probation including a compliance program with a corporate monitor who will have "far reaching access" to the firm's business records.

    Three senior officials including Zhao's predecessor had stepped down in early April 2016 after the US government first sanctioned ZTE in the case......snip~


    Just why is ZTE now kissing some US Ass? You don't think we will allow them to miss a spot, do ya? :lol:
     
  7. MissingMayor

    MissingMayor Well-Known Member

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    Ummm, you do know that Trump just instructed the commerce department to let them off the hook, right?
     
  8. MMC

    MMC Well-Known Member

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    Really.....link that up.
     
  9. Sobo

    Sobo Banned

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    Why you think Kim has a brandnew Mercedes?
     
  10. Sobo

    Sobo Banned

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    All 28 EU members signed the blocking statute
     
  11. MMC

    MMC Well-Known Member

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    Waste of time, and they should have looked up US current law. Its not like when they tried that with Bill Clinton. There's a New Sherriff in Town. [​IMG]


    Europe’s Sanctions-Blocking Threats Are Empty
    When it comes to Iran sanctions, the EU must satisfy Trump’s demands. Access to the U.S. financial system hangs in the balance.


    European Union official’s threat this month that Europe would block any attempt by the United States to reimpose sanctions on Iran showed a new level of desperation to deter President Donald Trump from leaving the Iran nuclear deal in May. But with their access to the U.S. financial system hanging in the balance, European banks know that, in the end, the EU must satisfy Trump’s demands to fix the deal or be prepared to fully comply when U.S. sanctions return.

    The latest salvo from Denis Chaibi, the head of the Iranian task force at the European External Action Service, echoed previous threats from David O’Sullivan, the EU ambassador to the United States, that if America tried to reimpose its secondary sanctions on Iran, the EU would revive 1990s-era blocking regulations ordering European businesses not to comply.

    If such an antidote to America’s secondary financial sanctions existed, European threats to ignore U.S. sanctions might be credible. But these threats are based on outdated understandings of America’s Iran sanctions policy.

    In 1996, Congress passed the Iran and Libya Sanctions Act, which in part threatened a menu of U.S. sanctions against any foreign entity that invested in Iran’s energy sector. Europe responded by issuing blocking regulations and threatening action against the United States at the World Trade Organization.

    Back then, the United States took Europe’s threats seriously because of how the U.S. law was drafted. It required then-President Bill Clinton to impose meager sanctions that a foreign company could painlessly ignore. At the time, the upside of trade with Iran far outweighed the downside of U.S. sanctions. Facing certain embarrassment, Clinton backed down.

    But this changed in 2010 when Congress passed a new law leveraging America’s greatest strength against the fulcrum of global commerce with Iran: financial transactions.

    After years of blacklisting most financial institutions in Iran for their involvement in various illicit activities, Congress recognized that it also needed to punish third parties for doing business with these criminal enterprises. Thus, it declared that any foreign bank that maintained a correspondent banking relationship with a designated Iranian bank would forfeit its banking relationships in the United States.

    In 2011, the United States extended this prohibition to transactions conducted with the Central Bank of Iran and, in 2012, to transactions conducted in connection with a wide range of Iranian economic sectors and activities......snip~


    http://foreignpolicy.com/2018/02/20/europes-iran-deal-threats-are-empty-trump-iran-eu/
     
  12. MMC

    MMC Well-Known Member

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    Because he can't afford a Corvette. :laughing:
     
  13. ronv

    ronv Well-Known Member

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    And net exports are how much?

    To Iran, it's almost all about oil. If China doesn't get back in the sanctions Iran doesn't have a problem. Kind of like NK.

    China has plenty of steel. I have to believe China will look carefully at Iran.
    We may have simply ask our European friends to take a bullet for us.
     
  14. MMC

    MMC Well-Known Member

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    I don't mind the Iranians using China's defective steel for their military tech.
     
  15. ronv

    ronv Well-Known Member

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    You righties count funny.
    upload_2018-5-17_8-13-44.png
    Import 10 - export 6 and that makes us first? I guess if we are after the record we should just import more, then export it?
    Saudi exports:
    Crude oil exports (1,000 b/d) 7,463.4

    Iran, China agree $600-billion trade deal after sanctions
    https://www.dawn.com/news/1234923
    If China doesn't get back in the sanctions they can easily take all of Iran's oil. Of course India might want some.
     
  16. Destroyer of illusions

    Destroyer of illusions Banned

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    And this is very good. Russia will gladly help Iran. For example, Sukhoi Aircraft Superjet has already signed a contract to supply 40 planes to Iran instead of Airbus and Boeing. Gas, oil or any other, Russian can also be happy to develop. Iran has something to pay.
     
  17. Destroyer of illusions

    Destroyer of illusions Banned

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    Really?
     
  18. Sobo

    Sobo Banned

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    Nobody drives american shitty cars. A corvette? Are you serious? What else would you brag about? Fiat?

    So much about your Korea Sanctions

    [​IMG]

    Germany has an embassy in North Korea and North Korea has an embassy in Germany. North Korea uses that embassy to buy a few hotels in Germany and with those cloud money laundry business with Germany.

    As for your rubbsh article about banks.

    You do realize the EU is a greater economy than USA? We wont comply with the Iran sanctions. You cant block European banks. It would eman the death of your own system. We can counter this by exclusing evry american corporation from the European market.

    How long do you think would it take until Trump gets removed?

    We will not enslave ourself under american tyranny. Its that easy.
     
  19. MMC

    MMC Well-Known Member

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    In 2015 the EU GDP was about 18.9 Trillion. US 18.3......whats the EU now after Brexit?

    Trump getting removed? You mean after he finishes he 2nd term.
     
  20. Sobo

    Sobo Banned

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    There was no Brexit yet and its doubtful it will come. Scotland voted against it. Nortehrn ireland voted against it.

    And yes removed. There are various methods for that. We have an excellent secret service.

    Currently they open a case blaming your ambassador in Germany to make deals with slave traders.
     
  21. vis

    vis Well-Known Member

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    What can Iran offer to Russia that it does not have?
     
  22. Destroyer of illusions

    Destroyer of illusions Banned

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    Nothing..... But Russia has much to offer Iran. From grain to nuclear power plant and S400.
     
  23. vis

    vis Well-Known Member

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    Apart from EU, China and Russia are also involved in the deal, so your GDP of 18.3 trillions with one of the highest debts in the world put US in the very shaky position.
     
  24. vis

    vis Well-Known Member

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    Hmm... I do not like the idea of donations for nothing.
     
  25. therooster

    therooster Banned

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    Lol .... Oh you guys .... we are the United states of America son . Nobody forces us to do anything . And as London as we keep these dems out of power we are only getting stronger . Thanks Trump!
     

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